Masco Corporation
Industry: Furniture & Fixtures

Headquartered in Taylor, Mich., Masco Corporation is one of the world's largest manufacturers of brand-name consumer products for the home and family. Masco Corporation is also a leading provider of services that include the installation of insulation and other building products.

Business Summary
Masco Corporation (Masco) manufactures, sells and installs home improvement and building products, with emphasis on brand name products and services holding leadership positions in their markets. The Company's operations consist of five business segments: Cabinets and related products, Plumbing products, Installation and other services, Decorative Architectural products, and Other Specialty products. Approximately 80% of the Company's sales are generated by operations in North America (primarily in the United States). International operations comprise the balance and are located principally in Belgium, Denmark, Germany, Italy, the Netherlands and the United Kingdom.

Financial Summary
MAS is engaged in the manufacture, installation and sale of home improvement and building products (faucets, cabinets, plumbing supplies and other products). For the 6 months ended 6/30/05, revenues increased 8% to $6.32B. Net income from continuing operations decreased 9% to $486M. Revenues reflect higher unit sales volumes. Earnings were offset by a decrease in gross profit margins and increased S/G/A expenses.