Fortune Brands Innovations Inc Stock Price, News & Analysis

Fiberon has received a Green GOOD DESIGN® Award for its Astir Collection of Concordia polyethylene (PE) composite decking, highlighting the company's dedication to sustainable manufacturing. The premium decking line is made with 94% recycled material, combining recycled wood sawdust and plastic waste. The company's in-house recycling facility prevents over 70,000 tons of waste from reaching landfills annually and saves more than 1 million trees yearly.

The Astir Collection features three nature-inspired colors and utilizes an innovative closed-loop water system that saves nearly 3.5 billion gallons of water annually. Each decking board incorporates up to 2,000 plastic bags, with the company recycling approximately 100 million pounds of plastic yearly.

Janus International Group (NYSE: JBI) has appointed Jason Williams as President of Janus International Group, LLC ("Janus Core"). Reporting to CEO Ramey Jackson, Williams will oversee the Janus Core strategy, including sales, marketing, financial performance, and product development for the self-storage and commercial door and hallway business.

Williams brings over 15 years of experience in the access control space, most recently serving as President of the Security business unit at Fortune Brands Innovations (NYSE: FBIN) following the Yale and August acquisition from ASSA ABLOY. Previously, he was President of Smart Residential at ASSA ABLOY, where he led the business since its first smart lock launch in 2011.

Moen, a Fortune Brands Innovations (NYSE: FBIN) brand, has revealed alarming findings about cheap, off-brand foreign-made faucets. Independent testing by IAPMO found that 90% of tested faucets failed American safe drinking water standards, with some containing lead and chemical levels up to 591% higher than safety limits. An estimated 35 million of these potentially dangerous faucets were imported into the US between 2020-2024. On May 14, 2025, the Consumer Product Safety Commission issued nine product warnings against these faucets. Moen, recognized as America's Most Trusted® Faucet Brand for 10 consecutive years, emphasizes its commitment to safety through rigorous testing and lifetime limited warranty.

Fortune Brands Innovations (NYSE: FBIN) has elected Brendan M. Foley to its Board of Directors as a Class III member, effective July 1, 2025. Foley, who currently serves as Chairman, President and CEO of McCormick & Company, will serve a term expiring at the Company's 2026 annual meeting. Prior to his current role at McCormick, Foley held various leadership positions including President and COO, where he oversaw global supply chain and commercial operations. His extensive executive experience spans across consumer packaged goods and food industries, including positions at H.J. Heinz and General Mills.

Fortune Brands CEO Nicholas Fink highlighted Foley's valuable experience in adapting business strategy in dynamic markets and his background in global consumer brand management, strategic transformation, and operational leadership. The appointment aligns with the Board's commitment to refreshment and succession planning.

Fortune Brands Innovations (NYSE: FBIN) has announced a quarterly cash dividend of $0.25 per common share. The dividend will be paid on June 11, 2025, to stockholders of record as of the close of business on May 27, 2025.

Fortune Brands is an industry-leading home, security and digital products company that focuses on transforming spaces into havens. The company's portfolio includes notable brands such as Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe, and Yale residential.

Fiberon's New London, North Carolina facility has been awarded the first-place Beam of Excellence award in Augury's inaugural Spotlight Awards for outstanding maintenance and reliability excellence. The facility leverages AI technology from Augury to monitor 140 machines for early fault detection, placing them in the top 5% of Augury customer sites based on response rates, IoT serviceability, user activity, and quantified wins.

The implementation has led to improvements in machine health, cost savings, safety, equipment lifespan, and team efficiency. Fiberon, a manufacturer of composite decking and railing products since 1997, emphasizes that this investment in proactive solutions ensures consistent delivery of high-quality products to customers.

Larson Manufacturing has launched its innovative 60 MT Maximum View storm door, featuring industry-first SureLatch magnetic technology. The new door offers 5% more glass area than comparable models, combining modern design with enhanced functionality. Key features include a heavy-duty aluminum frame, step-to-hold closer for hands-free operation, and optional Neat+ Low-E glass for improved energy efficiency.

The door comes in six colors, three glass models (Clear, Low-E, and Bevel), and four standard sizes with customizable options including French doors. Compatible with Larson's QuickFit handlesets, the door is available through retail stores, distributors, and online channels across the U.S. and Canada, backed by a lifetime limited warranty.