Fortune Brands Inc., whose products range from tequila to golf clubs and faucets, will add more than 300 jobs in the next three years on new business for its MasterBrand Cabinets unit.
The company said Friday the business has been selected by The Home Depot Inc. to supply cabinets for the new Martha Stewart Living kitchens line, which launches next month in stores around the U.S.
MasterBrand Cabinets President Greg Stoner said the company is adding more jobs at its plant in Kinston, N.C., and has already reconfigured the plant to support the new business.
Fortune Brands employs about 24,000 workers overall, according to Thomson.
Shares of Fortune Brands rose 58 cents to $44.16 in morning trading Friday.
