Founded in 1929 by Alex Manoogian, Masco Corporation is a leading manufacturer and seller of home improvement and building products. Headquartered in Livonia, Michigan, Masco's core mission is to enhance the quality of living spaces through innovative and high-quality products. The company offers a wide range of products including faucets, kitchen and bath cabinets, architectural coatings, and builders' hardware. Masco serves a diverse market, selling its products through mass merchandisers, home centers, hardware stores, and other wholesale and retail outlets to both consumers and contractors.
Notable figures associated with Masco include Richard Manoogian, who serves as chairman emeritus, and Keith J. Allman, the current president and CEO. The company is publicly traded on the NYSE under the ticker MAS and is a component of the S&P 500. With a revenue of $7.97 billion in 2023, Masco has made significant strides in the home improvement industry. Employing around 18,000 people, the company has consistently delivered high operating and net incomes, reflecting its strong market presence and impact on enhancing home environments globally.
