Business Notes PROFIT SHARING

Folks in Bayport, Minn. (pop. 2,900), can hardly wait for the Christmas holidays to end, for the big event of the year comes in icy January: Profit Sharing Day at Andersen Corp. For 74 years Andersen, a leading U.S. manufacturer of windows and patio doors, has split a chunk of its earnings among workers. After a banner 1987, this year's pot promised to be huge. But the 3,700 employees, many of whom rented limousines and dressed in their finest Saturday-night steppin'-out clothes to attend the Jan. 16 ceremony, had no idea just how huge. Amid gasps of surprise, Andersen Chairman Arvid Wellman disclosed that the profit-sharing pool was a record $105.9 million, up more than 45% from last year. On Feb. 1 all workers will receive checks amounting to 84% of their annual salary. The average check: $28,620, based on a salary of $34,071.