BAYPORT, Minn. — Andersen Corporation, a manufacturer of windows and doors, announced it would distribute $50.8 million in profit sharing for 2024 representing up to $3,923 for each of its eligible 13,000 employees.
"Amid ongoing challenges in the housing market, Andersen continued to grow in 2024. This accomplishment highlights the unwavering dedication, adaptability and resilience of our employees," said Chris Galvin, president and chief executive officer of Andersen.
Additionally, the company said it donated more than $5.3 million to nonprofits in 2024. working to improve lives and strengthen local communities last year. Those contributions directly support organizations focused on housing, trades education, hunger, and critical access health care in the communities where Andersen employees live and work.
As part of this $5.3 million, Andersen participated in the 2024 Habitat for Humanity Jimmy and Rosalynn Carter Work Project as a Diamond Sponsor. The Carter Work Project is an annual initiative aimed at building and renovating homes for families in need. Andersen donated $1 million to Habitat for Humanity for the Carter Work Project, through a combination of in-kind window donations, including more than 600 Andersen 100 Series windows, and financial contributions. Additionally, more than 150 Andersen employees volunteered their time and skills during the project, with more than 30 team members installing Andersen windows on-site during the final day of the week-long event.
Andersen has prioritized advancing affordable housing for nearly three decades, donating more than $9 million in funding and products to the Habitat network.
"At Andersen, we believe in the power of giving back to the communities where we live and work," said Eliza Chlebeck, vice president of communications and community and vice president of the Andersen Corporate Foundation. "Our donations support a wide range of initiatives, from housing and education to hunger and health care.”
Andersen ranks No. 3 in the FDMC 300.
Have something to say? Share your thoughts with us in the comments below.