DEERFIELD, Ill.--(BUSINESS WIRE)--
Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading
home and security products company, today announced that it has been
named to FORTUNE magazine's 2013 List of World's Most Admired
Companies for the second consecutive year. The company once again ranked
No. 3 in the "Home Equipment, Furnishings" category, ahead of its direct
competitors.
"On behalf of our 16,000 associates, we are honored to receive this
prestigious recognition, which comes at a great time for our company and
our industry," said Chris Klein, chief executive officer, Fortune Brands
Home & Security, Inc. "We are pleased to be recognized as a premier
company in our industry. As the housing market begins to recover, we are
poised to continue to distinguish ourselves with our solid business
model, strong capital structure and clear strategies for growth," Klein
said.
FORTUNE's World's Most Admired Companies list is the definitive
report card on corporate reputations. Hay Group, a global management
consulting firm, has collaborated with FORTUNE annually since
1997 to identify, select and rank the World's
Most Admired Companies and uncover the business practices that make
these companies highly regarded among their peers. To compile the
rankings, corporate reputation and performance are measured against nine
key attributes: innovation, people management, use of corporate assets,
social responsibility, quality of management, financial soundness,
long-term investment, quality of products and services, and global
competitiveness.
Among those attributes, FBHS ranked No. 2 in its industry and ahead of
its direct competitors in quality of management, people management and
long-term investment.
The World's Most Admired Companies list can be found on the FORTUNE
website.
For more information on how the rankings are determined, please view the
full methodology
on Hay
Group's website.
About Fortune Brands Home & Security, Inc.
Fortune Brands Home & Security, Inc. (NYSE: FBHS), headquartered in
Deerfield, Ill., creates products and services that help fulfill the
dreams of homeowners and help people feel more secure. The company's
trusted brands include Master Lock security products, MasterBrand
cabinets, Moen faucets, Simonton windows and Therma-Tru entry door
systems. FBHS holds market leadership positions in all of its segments.
The company's 16,000 associates generated $3.6 billion in net sales in
2012. FBHS is part of the S&P MidCap 400 Index. For more information,
please visit www.FBHS.com.
Fortune Brands Home & Security, Inc.
Media Contact:
Gary
Ross, 847-484-4456
gary.ross@FBHS.com
or
Investor
Contact:
Brian Lantz, 847-484-4574
brian.lantz@FBHS.com
Source: Fortune Brands Home & Security, Inc.
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