More Than Faucets
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We read with interest James Flanigan’s Feb. 27 column, “Merger Mania Strikes Again in Furniture Field.” I must admit I did blanch at the description of Masco Corp. as a “maker of faucets and garbage disposals.”
Masco is a manufacturer of leadership products (more than 90% of total corporate sales) for the home and family that include faucets, cabinets, appliances and other specialty products for the kitchen and bathroom as well as locks and other builders’ hardware, venting and ventilating equipment, water pumps and other specialty products.
I should also mention that companies have typically grown faster after being acquired by us, thus adding to our well-above-average rate of growth.
JOHN C. NICHOLLS Jr.
Treasurer, Masco Corp.
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