Steelcase, Fortune Brands Among 'World's Most Admired Companies'
Steelcase, Fortune Brands Among 'World's Most Admired Companies'

NEW YORK - Fortune Brands Home and Security Inc. and Steelcase each made Fortune's  2013 list of as one of the 2013 "World's Most Admired Companies" in the Home Equipment, Furnishings industry category.

Steelcase, Fortune Brands Among 'World's Most Admired Companies'Fortune Brands, which includes MasterBrand Cabinets and Therma-Tru and Simonton windows, ranked No. 3 followed by office furniture maker Steelcase. These two companies were sandwiched in between Whirlpool, No. 1; and Tupperware Brands, No. 2; and Leggett & Platt, No. 5; and Stanley Black and Decker, No. 6.

Most Admired Cos.
1 Apple
2 Google
3 Amazon.com
4 Coca Cola
5 Starbucks
6 IBM
7 Southwest Airlines
8 Berkshire Hathaway
9 Walt Disney
10 FedEx
  Source: Fortune

"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, CEO of Fortune Brands Home & Security based in Deerfield, IL. "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."

"Steelcase is especially proud to be included among such a respected group of industry leaders; this recognition is particularly poignant as we mark the end of our global centennial celebration," said James Hackett,president and CEO of Grand Rapids, MI-based Steelcase. "We will continue to develop insight-led solutions for today's interconnected workplace, such as our newest chair Gesture, designed and inspired entirely by how the human body works and moves with technology."

Fortune's rankings are published each year and reflect the observations and opinions of executives who rate their peers and competitors on nine different aspects. These aspects include innovation, people management, use of corporate assets, social responsibility, quality of management, long-term investment, financial soundness, quality of products and services, and global competitiveness.

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