CENTRAL BOILER COMPANIES DISTRIBUTE OVER $1 MILLION IN BONUSES – KROX ...Middle East

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Central Boiler Companies (which includes subsidiaries Central Boiler, Altoz, and WoodMaster) celebrated the 31st consecutive year of employee bonus distribution on November 2 at their Greenbush facility.  The bonus, along with the company’s contributions to the employee 401K accounts, totaled $1,178,075.35.  This amount is in addition to any commissions, weekly 401K matches, hiring bonuses or performance bonuses that were distributed throughout the year. Additionally, at bonus, the company matched 100% of the first 15% of the contributions employees made to their 401K accounts from their bonuses.   “Central Boiler Companies has witnessed remarkable growth in recent years and this past year

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