25.12.2025 21:30
The sale of Fibrebond, a company operating in the state of Louisiana, USA, has turned into not just a commercial success but also an exemplary story of sharing. During the Covid-19 period, the company, owned by Graham Walker, increased its sales by approximately 400%. A significant portion of the revenue generated from the sale was distributed to the employees. Each employee received $443,000, leading to significant changes in their lives.
During the Covid-19 pandemic, the sales of the US-based Fibrebond, which grew rapidly by increasing its sales by approximately 400 percent, turned into a kind of wealth distribution for its employees. The company's owner, Graham Walker, decided to share 15 percent of the revenue with the employees, resulting in a total of 240 million dollars in bonuses for 540 staff members.
15 PERCENT SHARE FOR EMPLOYEES FROM 1.7 BILLION DOLLAR SALE
According to the Wall Street Journal, Walker set a remarkable condition during the sale of Fibrebond to the energy management company Eaton for 1.7 billion dollars: 15 percent of the sales revenue would be distributed to the employees.
In line with this decision, a bonus pool of 240 million dollars was created for 540 full-time employees. The average payment per employee was 443 thousand dollars.
CONDITION TO STAY AT LEAST 5 YEARS IN THE COMPANY
Payments will be made gradually on the condition that employees stay with the company for at least five years. Employees who have been with the company for a long time are entitled to much higher amounts. The first payments began in June.
GREW DURING COVID-19
Fibrebond's main leap came with the Covid-19 pandemic. With the explosion in demand for data centers and energy infrastructure, the company achieved approximately 400 percent growth, especially in the last five years. This rapid rise formed the basis for the sales decision and the large payment to employees.
REALIZED THEIR DREAMS
Employees used their bonuses to pay off home and car loans, cover college expenses, and plan for retirement.
One employee took their entire family on vacation to Cancun, Mexico, while another opened the clothing store they had dreamed of with the money they received.
With this gesture, Walker, who became an unforgettable boss, stated that there was no special mathematics behind giving 15 percent to employees, mentioning that his family would earn over 1 billion dollars from the sale, but that the approximately quarter billion dollars distributed to employees was fair.
FROM HARD DAYS TO A HUGE SALE
Founded by Claud Walker in 1982, Fibrebond faced a major crisis in 1998 when the factory burned down. The family continued to pay salaries during this period, maintaining employee loyalty.
In the early 2000s, the number of customers dropped to three, but the company was restructured with the intervention of Graham Walker and his brother. The Fibrebond Power unit, established in 2013, and the increased demand after Covid-19 brought the company to its current value.
Graham Walker announced that he would step down from his position as of December 31.