Fortune Brands Adds 470 Jobs in 2013
February 18, 2014
Fortune Brands Windows & Doors added 470 new jobs in 2013 across its three brands—Therma-Tru Corp., Simonton Windows and Fypon—a result of increased door, window and trim product sales for both new construction and replacement markets in 2013, the company reports.
"Our window and door segment sales increased 12 percent for the full year of 2013," says Mark Savan, president of the windows and doors business unit owned by Fortune Brands Home & Security Inc., in a release. "Window and door segment operating profit more than tripled to $15.8 million in 2013. Our growth allowed us to fill 470 positions to support the increase in business."
Fortune Brands sees ongoing signs of strength in the overall home products market in 2014 as noted in its year-end earnings released Jan. 29, 2014. The demand for new construction is outstripping supply across the country, and in replacement, which makes up about 65 percent of the company's overall mix, there is expected continuation of the strong growth in 2013, the company reports.