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Employees Stunned by Massive Bonuses
Nov 30, 2008

Carla K. Johnson reported on the AP wire a marvelouus story that runs counter to the stories of greed and self-service that we are innundated with lately in the news.  The Spungen Family recently sold their ball bearing company to a swedish company.  Recognizing the importsance of all of their associates who, through their loyaly, positioned Peer Bearing Company to be purchased  were rewarded for their loyalty.

The Family gave back 6. 6 Million Dollars in year-end bonuses to 230 employees. Read Article

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