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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 ...
Late in 2001, Masco announced Furniture Brands International would buy Henredon, Drexel Heritage and Maitland-Smith for $275 million, in a deal expected to return Furniture Brands to the number one U.S. furniture manufacturer, a title lost to La-Z-Boy when that company bought LADD in 2000. [13]
In February 2010, the company announced a merger of the Adrian, Michigan-based Masco Builder Cabinet Group, and the Middlefield, Ohio-based Masco Retail Cabinet Group. The Retail Cabinet Group was most noted for producing the Kraftmaid, and Mills Pride cabinet brands. The new company that was formed has come to be known as Masco Cabinetry.
The mansion was built in 1928 at the cost of $300,000 ($5.32 million in 2024).The original owner lost the home during the Great Depression and it sat vacant until Alex Manoogian, founder of the Masco company, purchased the home at an auction in 1939 for a mere $25,000 ($0.55 million in 2024).
Taylor, Michigan-based Masco bought 25 percent of the company in 1997, and completed its purchase of INRECON in 1999. [3] Haniel EnviroServices, a new division of the old European conglomerate Haniel, began in Germany in 1980. Its name was changed to Belfor in 1998. [2] Masco sold INRECON to Haniel in 2001 and it became part of BELFOR.
Through the 1980s and 1990s, the company ran a television and radio ad campaign featuring the slogan "Uh oh, better get Maaco". [5] [6] With the exception of several years in the 2010s, the catchphrase is still in use today.
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 ...
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related to: masco ownership history search by address listpropertychecker.com has been visited by 10K+ users in the past month
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