Fortune Brands Plans 'Significant Investment' In Deerfield: Pritzker

DEERFIELD, IL — With a plan to consolidate and streamline its U.S. divisional headquarters operations into a single global headquarters in Deerfield, Fortune Brands Innovations will also soon create at least 400 new jobs on the North Shore, with capacity for over 1,000 jobs. Gov. JB Pritzker said Wednesday the home and security manufacturer has a reached an Economic Development for a Growing Economy agreement to make this investment a reality.

"Fortune Brands Innovations' decision to establish its global headquarters in Deerfield is a testament to Illinois' talented workforce, dynamic business ecosystem, and culture of innovation," Pritzker said. "Supported by the EDGE program, this significant investment will generate hundreds of new jobs and further solidify Illinois as the premier state to live, work, and do business."

Fortune Brands, founded in 2011, has a portfolio of brands including Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

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"We conducted a thorough, nationwide headquarters search before confirming Deerfield, Illinois as the most strategic location for our new, state-of-the-art campus, which will have capacity for over 1,000 associates by the end of 2027," Fortune Brands Chief Executive Officer Nicholas Fink said. "Illinois is home to one of the strongest professional labor forces in the nation, which is exactly what we need as we unify our associates in one location and continue to innovate for accelerated growth. The deep talent pool and competitive incentives package from the State of Illinois were critical factors in our decision."

As part of the State's comprehensive incentive package, Fortune Brands Innovations received an EDGE tax credit. The company currently has 128 full-time jobs in Deerfield.

"I am excited to see Fortune Brands expand its footprint in Deerfield and look forward to their continued growth in the Village," Deerfield Mayor Daniel C. Shapiro said.