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Monday, December 23, 2024 at 1:31 AM

Central Boiler Companies Distributes over $803,000 in Bonuses Among Employees

Central Boiler Companies, which includes its subsidiaries Central Boiler, Altoz, and WoodMaster, proudly marked its 32 nd consecutive year of employee bonus distribution on November 7. The amount, including the bonus and the company’s match of up to 15% on contributions employees made to their 401K from their bonus, totaled $803,845. Incentives, weekly 401K matches, hiring bonuses, were not included in this total.

The owners, Dennis and Terri Brazier, gave a presentation and shared highlights and company updates. “Central Boiler Companies’ current team of employees have an average tenure with the company totaling 10 years and approximately 50% of the current workforce have been here for 7 years or more totaling 2,147 years of service with the company,” said Terri Brazier. During the bonus celebration several employees were recognized with longevity awards.

“We are pleased to share that employee health insurance premiums will remain unchanged for 2025, marking the eighth consecutive year,” announced Terri Brazier. She expressed gratitude to employees for their efforts in helping to maintain low healthcare costs.

Altoz announced two new models for 2025, the enhanced TRX 766i tracked zero-turn mower and XP RDi zero-turn mower featuring a rear discharge mowing deck. The company remains committed to expanding Switch compact tool carrier line of attachments and accessories. During the recent Equip Exposition in Louisville, Kentucky, Altoz equipment owners and operators shared their enthusiastic feedback. “The return on investment is substantial for those using our machines for demanding tasks like maintaining solar fields and rough terrain.

Our equipment must endure rigorous daily use, and we are proud of the recent updates that enhance durability to meet the toughest of conditions,” said Dennis Brazier.

“The newly expanded Red Lake Falls facility has allowed us to not only scale our operations but also innovate across new product categories,” said Dennis. “This growth ensures that we remain at the forefront of the industry and continue to provide exceptional value to our customers.”

All three companies continue to focus on the growth of their distribution channels, while continuing to design and develop new, innovative products. Their distribution network is currently located throughout the United States, Canada, Europe, New Zealand and Australia.

For the eleventh year in a row, Central Boiler Companies has earned MNSHARP certification, placing it among the select few companies in Minnesota to achieve this distinction. MNSHARP recognizes companies whose managers and employees work together to develop safety and health programs that exceed OSHA standards, ensuring both immediate and long-term prevention of job-related injuries and illnesses.

 


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