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Fortune Brands Home Security
-4.31%
Security / Home and security products
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Fortune Brands Home Security is a leading home and security products company that designs, manufactures, and markets a wide range of products for the home. The company was formed in 2011 as a spin-off from its parent company, Fortune Brands, and is headquartered in Deerfield, Illinois.
Fortune Brands Home Security's portfolio includes well-known brands such as Master Lock, Moen, Therma-tru, and MasterBrand Cabinets. These brands offer a wide variety of products such as locks, faucets, doors, and cabinets, among others.
The company's products can be found in homes, offices, and other commercial buildings around the world. Fortune Brands Home Security is committed to delivering high-quality and innovative products that enhance the comfort, security, and overall value of homes.
The company also has a strong focus on sustainability and has implemented various initiatives to reduce its impact on the environment. These include using sustainable materials in its products and implementing energy-efficient processes in its operations.
Fortune Brands Home Security is also committed to giving back to the communities in which it operates. The company actively supports charitable organizations, disaster relief efforts, and community development projects.
With its strong portfolio of brands, commitment to sustainability, and community involvement, Fortune Brands Home Security has established itself as a leader in the home and security products industry.
Fortune Brands Home Security's portfolio includes well-known brands such as Master Lock, Moen, Therma-tru, and MasterBrand Cabinets. These brands offer a wide variety of products such as locks, faucets, doors, and cabinets, among others.
The company's products can be found in homes, offices, and other commercial buildings around the world. Fortune Brands Home Security is committed to delivering high-quality and innovative products that enhance the comfort, security, and overall value of homes.
The company also has a strong focus on sustainability and has implemented various initiatives to reduce its impact on the environment. These include using sustainable materials in its products and implementing energy-efficient processes in its operations.
Fortune Brands Home Security is also committed to giving back to the communities in which it operates. The company actively supports charitable organizations, disaster relief efforts, and community development projects.
With its strong portfolio of brands, commitment to sustainability, and community involvement, Fortune Brands Home Security has established itself as a leader in the home and security products industry.
What is special about the company?
1. Diversified product portfolio: Fortune Brands Home Security offers a wide range of products in the home security industry, including home security systems, locks, doors, cabinets, and plumbing products. This diversification allows the company to cater to various customer needs and preferences.
2. Strong brand reputation: Fortune Brands Home Security has a long history in the home security industry and has built a strong brand reputation over the years. Its brands, such as Master Lock and Moen, are widely recognized and trusted by customers.
3. Commitment to innovation: The company invests heavily in research and development to continuously improve and innovate its products. This commitment to innovation has helped the company stay ahead of its competitors and meet changing consumer demands.
4. Industry expertise: Fortune Brands Home Security has a team of experts with deep knowledge and experience in the home security industry. This allows them to anticipate trends and stay relevant in the market.
5. Sustainability focus: The company is dedicated to reducing its environmental impact and increasing sustainability in its operations. It has implemented various initiatives to reduce waste, conserve energy, and use sustainable materials in its products.
6. Corporate social responsibility: Fortune Brands Home Security is committed to being a responsible corporate citizen by giving back to communities and supporting various social and environmental causes.
7. Strong financial performance: The company has a strong financial track record and has consistently delivered positive financial results, making it a stable and reliable investment option.
8. Customer-centric approach: Fortune Brands Home Security focuses on providing exceptional customer service and support. This customer-centric approach has helped the company build strong relationships with its customers and maintain high levels of customer satisfaction.
2. Strong brand reputation: Fortune Brands Home Security has a long history in the home security industry and has built a strong brand reputation over the years. Its brands, such as Master Lock and Moen, are widely recognized and trusted by customers.
3. Commitment to innovation: The company invests heavily in research and development to continuously improve and innovate its products. This commitment to innovation has helped the company stay ahead of its competitors and meet changing consumer demands.
4. Industry expertise: Fortune Brands Home Security has a team of experts with deep knowledge and experience in the home security industry. This allows them to anticipate trends and stay relevant in the market.
5. Sustainability focus: The company is dedicated to reducing its environmental impact and increasing sustainability in its operations. It has implemented various initiatives to reduce waste, conserve energy, and use sustainable materials in its products.
6. Corporate social responsibility: Fortune Brands Home Security is committed to being a responsible corporate citizen by giving back to communities and supporting various social and environmental causes.
7. Strong financial performance: The company has a strong financial track record and has consistently delivered positive financial results, making it a stable and reliable investment option.
8. Customer-centric approach: Fortune Brands Home Security focuses on providing exceptional customer service and support. This customer-centric approach has helped the company build strong relationships with its customers and maintain high levels of customer satisfaction.
What the company's business model?
Fortune Brands Home Security is a holding company that operates through its subsidiaries in the home and security industry. The company's business model is primarily focused on designing, manufacturing, and selling a range of products for the home, including faucets, cabinets, doors, windows, and locks.
The company's business model is based on operating through multiple brands, each with its own distinct identity and target market. These brands include Moen, Therma-Tru Doors, Master Lock, MasterBrand Cabinets, Simonton Windows, and Beverley Barnum. Each brand offers a unique portfolio of products and services to meet the diverse needs of its customers.
Fortune Brands Home Security generates revenue through the sale of its products through various channels, including retail stores, wholesale distributors, and online platforms. The company also provides installation and other services to its customers, generating additional revenue.
In addition to its core home and security business, the company also operates a segment focused on plumbing and heating supplies. This segment, known as Moen's segment, provides wholesale plumbing supplies and services to professional contractors, retailers, and commercial building owners.
The company's business model is also supported by a focus on innovation and product development, as well as marketing and branding strategies to differentiate its products from competitors.
Overall, Fortune Brands Home Security's business model is centered around delivering high-quality, innovative products and services to meet the changing needs of consumers in the home and security industry.
The company's business model is based on operating through multiple brands, each with its own distinct identity and target market. These brands include Moen, Therma-Tru Doors, Master Lock, MasterBrand Cabinets, Simonton Windows, and Beverley Barnum. Each brand offers a unique portfolio of products and services to meet the diverse needs of its customers.
Fortune Brands Home Security generates revenue through the sale of its products through various channels, including retail stores, wholesale distributors, and online platforms. The company also provides installation and other services to its customers, generating additional revenue.
In addition to its core home and security business, the company also operates a segment focused on plumbing and heating supplies. This segment, known as Moen's segment, provides wholesale plumbing supplies and services to professional contractors, retailers, and commercial building owners.
The company's business model is also supported by a focus on innovation and product development, as well as marketing and branding strategies to differentiate its products from competitors.
Overall, Fortune Brands Home Security's business model is centered around delivering high-quality, innovative products and services to meet the changing needs of consumers in the home and security industry.
Interesting facts about the company
1. The company was originally named American Brands Inc. and was founded in 1969 in New York City.
2. In 2011, the company split into two separate companies, with Fortune Brands Home Security becoming its own entity. The other company, Beam Inc., focused on its alcohol business.
3. Fortune Brands Home Security owns many well-known brands in the home security and hardware industry, including Master Lock, SentrySafe, and Moen.
4. The company has over 20,000 employees and operates in more than 70 countries worldwide.
5. In 2020, Fortune Brands Home Security was acquired by the security technology company, Allegion, for $4.5 billion.
6. Fortune Brands Home Security has been recognized for its commitment to diversity and inclusion, receiving perfect scores on the Human Rights Campaign Foundation’s Corporate Equality Index and DiversityInc’s Top 50 Companies for Diversity.
7. The company has a strong focus on sustainability and has set goals to reduce its carbon emissions, water usage, and waste production by 2025.
8. In addition to its home security and hardware brands, Fortune Brands Home Security also owns the golf brands Titleist and FootJoy.
9. The company has a philanthropic arm, the Fortune Brands Home Security Charitable Foundation, which supports organizations focused on disaster relief, education, and community improvement.
10. Fortune Brands Home Security has been named one of the World’s Most Admired Companies by Fortune magazine multiple times and has also received awards for corporate responsibility and innovation.
See Company Due Diligence:
2. In 2011, the company split into two separate companies, with Fortune Brands Home Security becoming its own entity. The other company, Beam Inc., focused on its alcohol business.
3. Fortune Brands Home Security owns many well-known brands in the home security and hardware industry, including Master Lock, SentrySafe, and Moen.
4. The company has over 20,000 employees and operates in more than 70 countries worldwide.
5. In 2020, Fortune Brands Home Security was acquired by the security technology company, Allegion, for $4.5 billion.
6. Fortune Brands Home Security has been recognized for its commitment to diversity and inclusion, receiving perfect scores on the Human Rights Campaign Foundation’s Corporate Equality Index and DiversityInc’s Top 50 Companies for Diversity.
7. The company has a strong focus on sustainability and has set goals to reduce its carbon emissions, water usage, and waste production by 2025.
8. In addition to its home security and hardware brands, Fortune Brands Home Security also owns the golf brands Titleist and FootJoy.
9. The company has a philanthropic arm, the Fortune Brands Home Security Charitable Foundation, which supports organizations focused on disaster relief, education, and community improvement.
10. Fortune Brands Home Security has been named one of the World’s Most Admired Companies by Fortune magazine multiple times and has also received awards for corporate responsibility and innovation.
See Company Due Diligence:
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