When private equity firm KKR announced the $3 billion sale Monday of C.H.I. Overhead Doors to steel company Nucor, it created a windfall for hundreds of hourly workers at the plant in tiny Arthur, Illinois, who will receive between $20,000 and $800,000 each when the transaction closes. The deal represents a huge return on investment for KKR, which bought the garage door manufacturer for $600 million in 2015. For employees, who were vested with equity in the company at no charge, the sale is potentially life-changing. “I had no idea that was going to be this big of a deal,” said Rhonda Jamison,…
