Masco

Masco Corporation
Company typePublic
Founded1929; 95 years ago (1929) (as Masco Screw Products Company)
FounderAlex Manoogian
Headquarters,
U.S.
Key people
Richard Manoogian
(chairman emeritus)[1]
Keith J. Allman
(president and CEO)
RevenueDecrease US$7.97 billion (2023)
Increase US$1.35 billion (2023)
Increase US$960 million (2023)
Total assetsIncrease US$5.36 billion (2023)
Total equityIncrease US$98 million (2023)
Number of employees
18,000 (2023)
Websitemasco.com
Footnotes / references
[2]
Ford Motor Company Building (Former Masco Headquarters), Taylor, Michigan

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] Under the leadership of Richard Manoogian, the company grew exponentially and subsequently joined the Fortune 500 list of largest U.S. corporations.[3]

As of 2007, Masco employed approximately 32,500 employees and has approximately 6,000 shareholders.[4] The company is currently ranked at 373 on the Fortune 500.[5] As of December 31, 2007, Masco had a little over ten billion dollars in assets, and the company's total revenue was $11.77 billion. Total sales for the company in 2009 were 7.8 billion.[4][6] In 2010, the company had worldwide sales of $7.6 billion and approximately 90 manufacturing facilities. As of August 2014, the CEO is Keith J. Allman.[7]

  1. ^ "Masco's Manoogian retires as executive chairman". Forbes. Associated Press. June 29, 2009. Retrieved 2009-07-01.[dead link]
  2. ^ "2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 8, 2024.
  3. ^ a b "Timeline: The Formative Years". Masco. Retrieved July 21, 2019.
  4. ^ a b "Corporate information". Masco. 2007. Archived from the original on October 14, 2008. Retrieved October 17, 2008.
  5. ^ "Masco". Fortune. Retrieved 2024-05-24.
  6. ^ Google Finance. October 27, 2008. Retrieved October 27, 2008
  7. ^ "Masco's Board of Directors Elects Keith J. Allman to Succeed Timothy Wadhams as President and CEO" (Press release). Masco Corporation. January 8, 2014. Archived from the original on 8 August 2018.