RYE, N.Y.–Jarden Corp., manufacturer of the Sunbeam, Oster, Mr. Coffee, Margaritaville and other housewares brands, has been placed on Fortune magazine’s Fortune 500 list of the nation’s largest companies for the first time.
The company will appear at number 492 on the list, which will be published in Fortune’s May 5 issue, moving up from 544 last year. Jarden’s net sales rose 21 percent in 2007, to $4.7 billion.
The company’s emergence on the high-profile corporation listing “is a testament to our successful growth strategy, our portfolio of market-leading brands and the dedication of our employees around the world,” said Martin Franklin, the company’s chairman and chief executive officer.