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Fortune adds 300 jobs for Home Depot cabinet line

Fri Aug 27, 2010 12:42 PM EDT
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Associated Press
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DEERFIELD — 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.

© 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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