Fortune Brands Innovations Inc - Company Profile
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Business Description
Fortune Brands Innovations Inc (Fortune Brands) operates in the home and security products industry, offering a wide range of products through various sales channels, including kitchen and bath dealers, wholesalers, industrial distributors, and e-commerce platforms. Fortune Brands serves a wide range of customers, including home centers, hardware retailers, industrial distributors, and specialty dealers, catering to both residential new construction and remodeling markets. It operates 14 manufacturing facilities in the US across eight states and 16 international manufacturing facilities located in Mexico, Europe, Africa, Asia, and Canada. It also manages 34 distribution centers and warehouses worldwide, with 29 of these being leased.
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R&D Overview
Fortune Brands is committed to developing innovative products and processes that drive meaningful and valuable functionality and improvements in the lives of people and communities. The company's R&D initiatives focus on products that save water, utilize recycled materials, conserve energy, and protect people and spaces. Fortune Brands continues to invest in new product development and enhance customer service to strengthen its leading brands and penetrate adjacent markets, including in the digital space and connected products. In FY2025, the company reported R&D expenses of US$85.4 million, which grew 22.2% YoY.
Business Segments
Overview
Manufactures and sells fiberglass and steel entry door systems, storm, screen and security doors, composite decking, railing and cladding, urethane millwork, and wide-opening exterior door systems and outdoor enclosures. It serves the residential new construction market and the remodeling and renovation markets, primarily in the US and Canada. key brands associated with this segment include Therma-Tru, Larson, Fiberon, Fypon, and Solar Innovations.
Performance
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Overview
Focuses on products such as locks, safety and security devices, connected and mechanical lockout tagout solutions, and electronic security products. It serves industries including hardware, home centers, and retail outlets, primarily targeting locksmiths, industrial users, and residential hardware providers. Key brands associated with this segment include Master Lock, American Lock, Yale, August, and SentrySafe.
Performance
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Overview
Manufactures and sells faucets, accessories, luxury hardware, kitchen sinks, and waste disposals. It serves industries such as home improvement and construction, primarily targeting wholesalers, home centers, and mass merchandisers. Brand associated with this segment include Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa, Shaws, Emtek, Schaub, and SpringWell.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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