Michigan business owner gives $4M in Christmas bonuses
About 200 employees of a northern Michigan manufacturer received an average $20,000 Christmas bonus. Ludington-based FloraCraft surprised its employees during a holiday lunch on Friday, Dec. 14, when owner and Chairman Lee Schoenherr announced plans to give nearly $4 million in bonuses. Top gifts to employees with more than 40 years of tenure will exceed $60,000, the company. The gifts are a combination of cash bonuses and 401(k) contributions.
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