Fortune Brands Home & Security Inc. is ready to invest in new products, new advertising and possibly even acquisitions, its chief executive said Monday, just hours before its spin-off from Fortune
Brands Inc.
CEO Chris Klein told Reuters that when the maker of Moen faucets, Simonton windows and Master Lock locks becomes a pure-play company, it will no longer have to compete for
resources and will be able to invest in more projects.
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