Masco Commits to $25 Million Profit Target in Cabinets
Masco CFO John Snzewajs spoke at the RBC Capital Markets Global Industrials Conference today, stating he is proud of progress at the maker of KraftMaid, Merillat and QualityCabinets in turning around its cabinets business. Masco saw cabinetry sales decline in the last quarter of 2014 on implementation of an Enterprise Resource Planning computer system.