Despite lower growth in the 2014 housing market Fortune Brands Home & Security, Inc., makers of MasterBrand Cabinets, reported an 8 percent increase in sales to $1.04 billion for the fourth quarter and 8 percent for the year to the tune of $4 billion.

Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, today announced fourth quarter and full-year 2014 results from continuing operations.

MasterBrand and other core cabinetry operations grew 10 percent third quarter, says Fortune Brands Home and Security. A large vanity launch a year ago, and an exit from builder sales in the West this year worsened year to year comparisons.

Q3 2014 sales increase 5 percent year-over-year to $1.1 billion; adverse impact of accelerated closing of window business sale; company expects full-year 2014 sales growth of around 8 percent

WoodCrafters and MasterBrand Cabinets' parent Fortune Brands Home & Security, Inc. (NYSE: FBHS) will repurchase $250 million in shares of its common stock. Yesterday competitor Masco announced it would buy back 50 million of its shares.

Fortune Brands Home & Security, Inc. (NYSE: FBHS), parent of WoodCrafters and MasterBrand Cabinets, has authorized the repurchase of up to $250 million of shares of the Company's common stock.

The Simonton business was sold to Ply Gem Holdings, Inc. for approximately $130 million.

A surge in kitchen and bath cabinetry sales helped spur a strong second quarter for Fortune Brands, parent of MasterBrand Cabinets.Operating income from cabinetry rose 31 percent.

MasterBrand Cabinets Inc. announced plans to expand its operations in Indiana, creating up to 262 new jobs by the end of 2016.

Lt. Governor Sue Ellspermann joined MasterBrand Cabinets, Inc. (MBCI), a manufacturer of home cabinetry products,to announce the company’s plans to expand its operations here, creating up to 262 new jobs by the end of 2016.