The Occupational Safety and Health Administration's new rules limit exposure by workers to crystalline silica, aiming to curb lung cancer
“The year is off to a great start with strong performances from all of our businesses,” Allman said during a conference call."Turning to cabinets, the team delivered yet another strong quarter, maintaining their leadership position at retail and gaining share in the dealer channel with both Merillat and KraftMaid brands.
"To further position this business for profitable growth, the team has continued to optimize their sales mix by exiting low margin direct-to-builder business in the Carolinas and exiting the kitchen countertop product category. Given these actions and cabinetry's positive trajectory, we expect this segment to achieve operating profit margins between 8% and 9% in 2016."
Decorative Architectural Products (Behr paints and coating, hardwares) net sales increased 9 percent, fueled by strong growth in Behr’s core DIY products and its Behr Pro products. Keith said Masco's Liberty Hardware had a solid quarter due to market share gains from successful new product introductions. Operating income increased 27 percent in the first quarter principally due to the strong volumes at BEHR.
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