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Masco Corporation is an American manufacturer of products for the home improvement and new home construction markets. Comprising more than 20 companies, the Masco conglomerate operates nearly 60 manufacturing facilities in the United States and over 20 in other parts of the world. Since 1969 it trades on the NYSE. [3]
Delta Faucet Company is a division owned by Masco, which was founded in Detroit in 1929 by Armenian immigrant Alex Manoogian. In 1952, an eager inventor brought Manoogian his latest invention, a one-handled faucet that mixed both hot and cold water with a ball-valve. Unfortunately it leaked, but Manoogian was intrigued by the idea of utilizing ...
In 2004 Merillat and Duncanville, Texas based QualityCabinets joined to form the Masco Builder Cabinet Group. In late 2007 Merillat Industries dissolved and began going by this new moniker. On September 22, 2008, Masco announced that it plans to close the Adrian plant in early 2009, stating the following as its reason of closure:
Their son Richard A. Manoogian (b. 1936) was CEO of the family business Masco and is a major collector of American art. He was said to have spoken 5 languages. He was said to have spoken 5 languages. Marie Manoogian died in 1993, and Alex in 1996.
The firm went through numerous ownership changes in the following years. In 1981, Norris was purchased in a leveraged buyout for $420 million by Kohlberg Kravis Roberts and renamed NI Industries. [3] In 1985, NI Industries was purchased by Masco Corporation for $460 million. [3] In 1988, Masco sold its Pfister subsidiary to Emhart Corporation.
This page was last edited on 14 June 2006, at 17:43 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
Printable version; In other projects ... Masco Corporation Phoebe A. Wood 2005 ... History of stock splits: May 13, 1969: 5-for-3;
Prior to co-founding Harvest, Mallement was managing partner of Masco Associates, making private equity investments on behalf of Masco Corporation [2] and Wertheim managed venture capital and private equity investment activities at Research and Science Investors, a venture capital and investment management firm.