Fortune Brands to add 300 jobs for new Martha Stewart cabinet line at Home Depot

By AP
Friday, August 27, 2010

Fortune adds 300 jobs for Home Depot cabinet line

DEERFIELD, Ill. — Fortune Brands Inc., whose products range from tequila to golf clubs and faucets, will add more than 300 jobs in the next three years to build cabinets for The Home Depot Inc.’s new Martha Stewart Living kitchens line.

Fortune said Friday that Home Depot selected its MasterBrand Cabinets unit to supply the line, which launches next month in stores around the U.S.

MasterBrand Cabinets President Greg Stoner said the company is adding jobs at its plant in Kinston, N.C., and has reconfigured the plant to support the new business. The plant currently has about 350 employees, the company said.

Fortune Brands employs about 24,000 workers overall, according to Thomson.

Shares of Fortune Brands rose 61 cents to $44.19 in afternoon trading Friday.

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