Masco Background

CORPORATE INFORMATION
Masco Yesterday and Today
Masco Corporation is today one of the world’s largest manufacturers of brand-name consumer products for the home and family. Masco is also a leading provider of services that include the sale and installation of insulation and other building products such as cabinetry, fireplaces, gutters, bath accessories, garage doors, shelving and windows.
Our products include faucets, kitchen and bath cabinets, architectural coatings (paints and stains), bath and shower units, spas and hot tubs, showering and plumbing specialties, windows, electronic locksets and other hardware.
The Company’s operations consist of five business segments, based on similarities in products and services:
Cabinets and Related Products
Plumbing Products
Installation and Other Services
Decorative Architectural Products
Other Specialty Products
Manufacturing facilities for our products are located throughout the United States. International operations are located primarily in Europe.
Today, Masco has approximately 6,300 shareholders and 62,000 employees.
Community involvement and good citizenship are important parts of the Masco corporate creed; and through its Foundation, the Company has demonstrated its commitment to a variety of arts, cultural and housing-based organizations, such as Habitat for Humanity, serving the communities in which its companies and employees reside.
Commitment to Quality and Excellence
Driven by a focus on excellence in people, products, service, and partnering relationships, Masco remains committed to being a premier growth company—a commitment that has resulted in above-average increases in earnings and value to shareholders.
The entrepreneurial spirit of founder Alex Manoogian and his commitment to excellence permeates the organization to this day. His vision, nurtured and developed during Masco’s formative years, stands as the foundation upon which the company has built a record of growth matched by few companies in America.
“Do not be satisfied with average performance,” Manoogian advised his employees. “Strive for excellence. If you cannot give your customers a better value and a better product, do not sell the product.”
Current Chairman and CEO Richard Manoogian shares his father’s vision and commitment to excellence and has driven the Company’s growth to new heights in the past two decades.
The Masco quest for quality and its standard of excellence remain as strong today as yesterday.