Read about the state of democracy and meet Michigans new legislature. opportunities for new growth into different, but related, market sectors. Family First. With a strategy to acquire well-run companies with high margins and established leadership positions, more than 25 companies join Masco during this time period, several of which include international companies, expanding Mascos global footprint. "Masco's Manoogian retires as executive chairman", "Masco's Board of Directors Elects Keith J. Allman to Succeed Timothy Wadhams as President and CEO", "Masco Corporation Relocates Global Headquarters to Livonia, Michigan", "Sale of Kichler Lighting completed; purchase price is $550 million", "Cabinetworks formed after ACProducts completes Masco purchase", "Hot Tub Leader Watkins Manufacturing Corporation Acquires Aquatic Fitness Innovator Endless Pools, Inc", "MI Windows and Doors completes acquisition of Milgard Windows & Doors", https://en.wikipedia.org/w/index.php?title=Masco&oldid=1130295082, Companies listed on the New York Stock Exchange, Manufacturing companies based in Michigan, Companies based in Wayne County, Michigan, Manufacturing companies established in 1929, Articles with dead external links from January 2022, Short description is different from Wikidata, Articles with unsourced statements from January 2012, Creative Commons Attribution-ShareAlike License 3.0, Milgard Windows & Doors SOLD to Mi Windows and Doors 2019. In addition to donations to local universities, the Manoogians donated substantial amounts of money to churches, educational institutions and charities of the Armenian Diaspora to preserve and continue their culture. He became chairman in 1985. as furniture and other home furnishings. & Poor's downgraded Masco's credit risk rating, In the near future, Manoogian said he expects to see the DIA more involved in travel exhibitions and new cultural education programs in outstate Michigan, since the state was such a large player in the $816 million grand bargain that shored up Detroit retiree pension funding and helped the city exit federal bankruptcy last year without having to auction city-owned art. Masco manufactured a variety of consumer products that included Merillat The first 10 years of Manoogian's tenure with Masco were spent acquisitions. . [3] The Berry Historic Subdivision Historic District has the former homes of several prominent Detroit residents, including John and Frederic Ford, Arthur Clamage, and John Kay of Wright-Kay Jewelers. million to $8 billion. Un-Building Masco; [Electronic version]. As of this date, Richard is married. U.S.A. Later that year, the Dearborn plant is closed, and production of the automotive components is moved to Ypsilanti, Michigan.
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