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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]
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 ...
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.
Hansgrohe has two major shareholders: The family of Klaus Grohe, the founders’ youngest son, holds 32%, Masco Corporation 68%. [2] Hans Jürgen Kalmbach became chairman of Hansgrohe in 2018. The company sells its products under two brand names: Axor and hansgrohe. In 2017, Hansgrohe reported sales of 1.077 billion Euro (2016: 1.029 billion ...
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.
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.
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