Lowe's home improvement company named several top brands including MasterBrand Cabinets, Pergo, Stanley Black & Decker and Positec as 2015 Vendor Partners of the Year.

Fortune Brands cabinet sales increased 33 percent from the prior year. Excluding the impact of the Norcraft acquisition, sales increased 10 percent, with the dealer channel growing 11 percent and in-stock cabinet and vanities increasing strong double digits.

MasterBrand Cabinets parent Fortune Brands priced a $900 million registered public offering of senior unsecured notes that it will use to fund its recent acquisition of Norcraft Cabinets.

Aristokraft Cabinetry, a division of MasterBrand Cabinets, teamed up with an Ohio-based custom home builder, Wayne Homes, to offer custom birch, birch or maple cabinets in all of its new homes.

The acquisition of Norcraft Companies, Inc. by MasterBrand parent Fortune Brands Home & Security, Inc. could be blocked by shareholder lawsuits. A law firm specializing in such actions says it is seeking litigants now.

The acquisition of Norcraft Companies, Inc. by Fortune Brands Home & Security, Inc. may not be in shareholders' best Interests, says Robbins Arroyo, a law firm specializing in shareholder rights litigation.

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.

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

Masco says it will spin-off of 100 percent of its Installation and Other Services businesses into an independent, publicly-traded company through a tax-free stock distribution to Masco’s shareholders