Masco.com
Masco Corporation
Masco Corporation is one of the world’s largest manufacturers of consumer products for home improvement and new construction markets. 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.
About the company and its history
Based in Taylor, MI Masco was organized in the year 1929 as Masco Screw Products Company by Alex Manoogian. It made machining parts for the automotive industry then.
- 1930: Masco’s bags its first ever contract from the Hudson Motor Car Company in the amount of $7,000
- 1935: Annual sales crosses $100,000 for the first time
- 1936: Masco becomes a public company listed on the Detroit Stock Exchange.
- 1942: Masco’s annual sales top $1 million.
- 1952: Masco acquires rights of single-handle washer-less faucet.
- 1961: Changes its name to Masco Corporation.
- 1967: Headquarters moves to Taylor, Michigan.
- 1968: Richard Manoogian is appointed the President and CEO of the company.
- 1969: Masco Corporation is listed on the NYSE.
- 1975: Masco joins the Fortune 500 list of the largest U.S. corporations.
- 1983: Masco’s annual sales cross $1 billion.
- 1985: Masco forays into cabinet manufacturing business.
- 1988: TriMas Corporation is created from a merger of Masco Industries and Masco Corporation specialty products companies.
- 1991: TriMas Corporation debuts on NYSE.
- 1993: Masco Industries becomes MascoTech, Inc. and is listed on the NYSE.
- 1995: Masco ventures in services business.
- 1996: Ray Kennedy becomes President and CEO of the company. Alex Manoogian passes away on July 10.
- 1998: TriMas Corporation merges with MascoTech.
- 1999: Masco forays into architectural coatings business. Annual sales top $5 billion.
- 2001: Masco ventures into windows business. Masco’s operating profit crosses $1 billion.
- 2003: Ray Kennedy, Masco’s President and CEO, passes away on February 4. Masco’s annual sales top $10 billion. On April 8, Alan Barry named as Masco's President and CEO.
- 2005: Masco pays out $1.3 billion to shareholders through share repurchases and dividends.
What they do?
They make kitchen and bath cabinets, home office workstations, entertainment centers, storage products, bookcases, and kitchen utility products. Plumbing products includes faucets, plumbing fittings and valves, showerheads and hand showers, bathtubs and shower enclosures and decorative architectural products includes paints and stains; and door, window and other hardware.
Products
CABINETS AND RELATED PRODUCTS
This division contributed approximately $3.28 in sales to the company in 2006. Masco is the largest U.S. manufacturer of kitchen and bath cabinetry, offering choice of approximately 300 styles in more than 20 lines from its subsidirary U.S. companies: KraftMaid, Merillat, Mill’s Pride and Quality Cabinets. European cabinet companies include The Moores Group and Tvilum-Scanbirk. This segment includes assembled and ready-to-assemble kitchen and bath cabinets; home office workstations; entertainment centers; storage products; bookcases; and kitchen utility products.
PLUMBING PRODUCTS
Sales from plumbing division of the company contributed approximately $3.29 billion in the year 2006 further consolidating its position as a world leader in manufacturing plumbing products. This segment includes faucets; plumbing fittings and valves; showerheads and hand showers; bathtubs and shower enclosures; and spas. Leading faucet brands include Bristan, Brizo, Damixa, Delta, Hansgrohe, Mariani, Newport Brass and Peerless. Leading plumbing specialty brands include Alsons, Aqua Glass, BrassCraft, Brasstech, Cobra, Ginger, Gummers, Heritage, Hot Spring, NewTeam and PlumbShop.
DECORATIVE ARCHITECTURAL PRODUCTS
These products contrinuted approximately $1.77 billion in sales in 2006. Decorative Architectural Products include paints and stains; and door, window and other hardware. The subsidiary companies in paints and stains include Behr Process Corporation and Masterchem Industries with top-selling brands Behr, Behr Premium Plus, Casual Colors, Expressions, Kilz and Hammerite. Leading hardware brands include Bath Unlimited, Brainerd, and Liberty in the U.S. and Avocet in Europe. This division also includes Vapor Technologies, which provides coatings technology and manufacturing process equipment for many Masco products.
OTHER SPECIALTY PRODUCTS
Company sales in this division are about $1.26 billion. Their Specialty Products include windows, window frame components and patio doors; electronic locksets; staple gun tackers, staples and other fastening tools; hydronic radiators and heat convectors. Companies which belongs to this division include Arrow Fastener and Milgard Manufacturing in the U.S., and The Brugman Group, Cambrian Windows, Duraflex, Griffin Windows, Premier Manufacturing, Superia Radiatoren and Vasco in Europe.
Services
They provide installation services like insulation as well as cabinetry, fireplaces, gutters, bath accessories, garage doors, shelving, windows and paint.
How big are they?
Masco is a fortune 500 company with annual worldwide sales of more than $12.7 billion and profit of $1 billion. The company employs more than 57,000.
About the website
The homepage
The homepage is divided into following sections: “Corporate Information”, “Investor Relations”, “Our Companies” and “Our Products”.
Corporate Information Page
It tells about their commitment to quality and excellence and their corporate structure. It also provides information about their specialties and services.
Investor Relations Page
Tells investors about the company and says “The Company employs approximately 57,000 people and, in 2006, had worldwide sales of over $12.8 billion.” “The Company's common stock has been publicly traded since 1936 and is listed on the New York Stock Exchange under the symbol MAS”
Our Companies Page
This page lists its subsidiary companies in various areas of production. The company has over 50 sub companies under it.
Our Products Page
This page tells users about the products they specialize in. They are: Cabinets, Plumbing, Decorative and architectural products. It also lists line of companies associated with the production of each product.
The website doesn’t provide any specific details about their products like catalog etc. The site also doesn’t take online orders. But it provides contact information for its line of products for questions about the products and ordering information.
Website Rank
The website has a low traffic rank of 663,466 mainly due to unavailability of online shopping and product information.
Languages
English
Address
- 21001 Van Born Rd
- Taylor MI 48180 US
Contact
- Masco Corporation
-
- Phone: 313-274-7400
- Fax: 313-792-6135
Logos
References
6. http://money.cnn.com/magazines/fortune/
