Fortune Brands Home & Security has its roots in the 1890 founding of American Tobacco Company. In the 1960’s the company diversified its product base and changed its name to American Brands, Inc.
From the 1960’s until the 2000’s when the company began to spin off divisions, its four main products were office supplies, golf products, home and hardware products, and spirits.
American Brands was renamed Fortune Brands in 1997.
In 2005 the company spun-off its office supplies division, and in 2010 and 2011 sold its golf brands.
In 2011 the remaining divisions were split, with spirits becoming Beam Inc. Beam is now owned by Japan’s Suntory.
Home and Hardware became Fortune Brands Home & Security.
Today Fortune Brands Home & Security is a consumer products manufacturer. The company makes and sells kitchen and bathroom cabinets, doors, faucets, windows and padlocks.
Fortune Brands Home & Security is publicly traded on the New York Stock Exchange under the ticker symbol FBHS, is a member of the S&P 500, has 19,500 employees and had $4.34 billion in revenue in 2013.
Fortune Brands Home & Security
Fortune Brands Home & Security has its roots in the 1890 founding of American Tobacco Company. In the 1960’s the company diversified its product base and changed its name to American Brands, Inc.
From the 1960’s until the 2000’s when the company began to spin off divisions, its four main products were office supplies, golf products, home and hardware products, and spirits.
American Brands was renamed Fortune Brands in 1997.
History
In 2005 the company spun-off its office supplies division, and in 2010 and 2011 sold its golf brands.
In 2011 the remaining divisions were split, with spirits becoming Beam Inc. Beam is now owned by Japan’s Suntory.
Home and Hardware became Fortune Brands Home & Security.
Today Fortune Brands Home & Security is a consumer products manufacturer. The company makes and sells kitchen and bathroom cabinets, doors, faucets, windows and padlocks.
Fortune Brands Home & Security is publicly traded on the New York Stock Exchange under the ticker symbol FBHS, is a member of the S&P 500, has 19,500 employees and had $4.34 billion in revenue in 2013.
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