Masco acquired Mercury Plastics of Middlefield, Ohio for an undisclosed amount and in January 2018, it acquired Kichler Lighting of Independence, Ohio for $550 million.
The company announced it would relocate its headquarters from its facility in Taylor, Michigan to Livonia due to downsizing after spinning-off some divisions.
Masco's annual sales topped ten billion dollars and Masco increased its quarterly dividend for the 47th consecutive year. This ranked them in the top ten publicly owned companies achieving increased annual consecutive dividends.
Masco involved itself in the architectural coatings business, and the company's annual sales topped five billion dollars for the first time. Masco Corp acquired Arrow Fastener Co., Inc., a hand tool company expanding its business in the hardware category.
1999
Masco involved itself in the architectural coatings business, and the company's annual sales topped five billion dollars for the first time.
Heartland Industrial Partners, a private equity firm, purchased Masco Tech and changed its name to Metaldyne. Metaldyne is headquartered in Plymouth, Michigan. Masco also divested Flint & Walling, Inc this year to Zoeller Company.
1999
Masco Corp acquired Arrow Fastener Co., Inc., a hand tool company expanding its business in the hardware category.
1999
Masco Corp acquired Arrow Fastener Co., Inc., a hand tool company expanding its business in the hardware category.