Ford to pay out average $9,000 profit sharing checks

cash gavel money

DETROIT, MI (WIVB) – Ford autoworkers are in line for handsome profit-sharing checks averaging $9,000.

The Ford Motor Co. will distribute checks to 56,000 United Auto workers including those at the Woodlawn stamping plant.

The yearly bonus is based on Ford’s North American pre-tax profits for the year.  This past year that came to $9 billion.

plants will receive profit-sharing checks averaging $9,000.

The checks will be distributed to 56,000 United Auto Workers members, including at the automaker’s metal parts stamping plant in Woodlawn.

The size of the profit-sharing checks are based on Ford’s North American full-year, pre-tax profits, which in 2016 totaled $9 billion.

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