is a Fortune 500
company. Initially organized in 1929 as Masco Screw Products Company
by Alex Manoogian
in Taylor, Michigan
, United States of America
, Masco Corporation has emerged as the global leader in the manufacturing and distribution of branded consumer products for the home and family. Alex Manoogian and his wife donated the Manoogian Mansion
to the City of Detroit as the official residence of the Mayor.
The company is a leading provider of variety of services including installation of insulation solutions for buildings, and building products such as shelving, windows, cabinetry, fireplaces, portable spas, bathroom accessories, garage doors, and products related to gutters.
For years the company has made acquisitions of related small family-run businesses which were enticed by cash, stock in the parent corporation and a "hands off" policy which allowed them to retain employees and personal management of their local operations. Between 1997 and 2002, Richard Manoogian, who succeeded his father as chief executive, invested over $10 billion on 42 buys.
By 2003, the parent corporation had sales of $10.9 billion and profit of $806 million and Richard Manoogian announced that Masco would start to run as a single company. Home Depot, which represents 22% of Masco's total sales has been getting separate sales calls from 18 Masco operating companies selling 25 different product lines.
Cabinets and Related Products
- KraftMaid Cabinetry, Inc.
- Mill's Pride
- Quality Cabinets
- Liberty Hardware
- Moores Furniture Group, Ltd.
- Tvilum-Scanbirk http://www.Tvilum-Scanbirk.com
- Alsons Corporation
- American Shower & Bath Corporation http://www.asbcorp.com
- Aqua Glass Corporation
- BrassCraft Manufacturing Company
- Brasstech, Inc.
- Delta Faucet Company
- Mirolin Industries Corporation
- Peerless Faucet Company
- Plumb Shop
- Watkins Manufacturing Corporation/Hot Spring Spas/Caldera Spas
- Alfred Reinecke GmbH & Co.
- A & J Gummers (a division of Bristan Group Limited), UK - http://www.sirrusshowers.com
- Breuer, Germany
- Bristan Group Limited, UK http://www.bristan.com
- Glass Indromassaggio SRL
- Hansgrohe AG
- Heritage Bathrooms (a Division of Bristan Group Limited), UK - http://www.heritagebathrooms.com
- Rubinetterie Mariani
Decorative Architectural Products
- Behr Process Corporation
- Franklin Brass Mfg. Corp. (Bath Unlimited)
- Liberty Hardware
- Masterchem Industries LLC
- Melard Manufacturing Corp. (Bath Unlimited)
- Vapor Technologies Inc.
Other 'MASCO' Organisations