Fortune Brands Expands Workforce After new Business Contract
About 300 jobs are expected to be created over the next three years by the introduction of the new MasterBrand Cabinets unit by Fortune Brands, Inc. Fortune Brands currently produce everything from tequila to golf equipment and have been chosen to supply new kitchen cabinets for the Martha Stewart Living Kitchens series.
The new line of products will launch next month and will be available in stores throughout the United States. A spokesperson for the corporation said that the business had been selected by the Home Depot Inc. and that they are busy adding more work opportunities for their plant in Kinston, N.C.
Fortune Brands has approximately 24,000 employees overall. Shares rose on the news of the new business which should be consistent over the next few years. Shares were up by 58 cents and finished the morning trading at $44.16.
Tagged with: cabinets • Fortune Brands • kitchen • Martha Stewart • MasterBrand Cabinets
Filed under: Finance
Like this post? Subscribe to my RSS feed and get loads more!
