masco

Woodworking Industry News

ACPI parent AIP among bidders for Masco Cabinetry division

ACPI cabinetry's parent American Industrial Partners is among the bidders for Masco Corp.'s cabinet business, which includes the KraftMaid, Merillat, Masco Cabinetry, and Cardell Cabinetry brands, according to news sources. Other bidders making it to the second round of a possible $1.2 billion sale include Bain Capital, Clearlake Capital Group LP and W.W. Grainger.

Woodworking Industry News

Masco cabinetry sales fall six percent as it exits new construction business

Kitchen cabinet sales for Masco fell six percent as it exits part of the new construction business. Overall, the diversified businesses of Masco - whose businesses include Delta faucets and Milgaurd windows, as well as cabinetry lines Kraftmaid, Duracraft and Merillat Cabinet - grew 7 percent, tracking the bustling home improvement and single family home markets.