Taylor, Mich., (March 16, 2010) - Masco Cabinetry organization, home of three nationally recognized cabinetry brands -- KraftMaid®, Merillat® and QualityCabinets® - several private label product lines and the DeNova™ countertop brand announced today that it will move its corporate headquarters to 4600 Arrowhead Drive, Ann Arbor Township, Michigan.
"The Ann Arbor area offers our new organization the benefits of a major metropolitan area in a non-urban setting," said Karen Strauss, president of Masco Cabinetry. "The region is widely recognized as a desirable place to live and work. In addition, locating our headquarters in a new space provides us with a unique opportunity to combine strengths and talents of the two organizations in fresh and creative ways to best meet the needs of customers, our employees and our company."
Masco Corporation (MAS), the leader in the North American cabinet business, announced in February 2010 that it was combining its two cabinet companies, Masco Retail Cabinet Group (KraftMaid) and Masco Builder Cabinet Group (Merillat, QualityCabinets and DeNova), to form Masco Cabinetry. Current headquarters locations are in Middlefield, OH and Adrian, MI respectively.
"Masco has been a terrific corporate citizen and strong partner in our economic diversification efforts," said Governor Jennifer M. Granholm. "The decision to consolidate and grow new jobs here is a testament to our competitive business climate and outstanding workforce."
Incentives approved today by the Michigan Economic Growth Authority will support this consolidation. The entire incentive package granted Masco Cabinetry for job creation and retention approximates $11 million over a ten year period.
Initially, 350 employees will work at the Masco Cabinetry headquarters building and that number is expected to grow to 450 employees in the next few years. No date has been announced for the move to the new site. At this time, the Masco Cabinetry leadership team will continue to work through strategic and tactical plans to ensure a seamless transition to the new organization.
Masco Corporation (NYSE: MAS), is one of the world's largest manufacturers of brand-name consumer products for the home and family, including Behr® paint, Delta® and Hansgrohe® faucets, bath and shower fixtures, KraftMaid, Merillat and Quality cabinets, Milgard® windows and doors and Verve™ lighting systems. Masco is also a leading provider of services that include the installation of insulation and other building products through Masco Contractor Services and Masco Home Services. For more information on the Masco family of brands, visit www.masco.com.
About Masco Builder Cabinet Group (MBCG). Based in Adrian, Michigan, the Masco Builder Cabinet Group is the manufacturer of two nationally recognized cabinetry brands: Merillat and Quality Cabinets; and the DeNova countertop brand. The company has manufacturing plants and branches/service center locations throughout the United States. Offering an unmatched selection of stylish, high-quality products at a variety of price levels, MBCG brands are favored by builders, dealers and distributors throughout North America. A leader in environmental stewardship, MBCG is ISO 14001 certified and has been granted an Environmental Stewardship Program certificate by the Kitchen Cabinet Manufacturers Association. www.mascobcg.com.
About Masco Retail Cabinet Group (MRCG) Based in Middlefield, Ohio, the Masco Retail Cabinet Group is the manufacturer of KraftMaid brand cabinetry. For more than 40 years, KraftMaid Cabinetry has been one of the nation's largest manufacturers of semi-custom cabinetry. Today, KraftMaid continues to lead the industry in innovation and design with an extensive product selection featuring more than 100 trend-on door styles and over 45 furniture-quality finishes. KraftMaid® is the anchor brand of the Masco Retail Cabinet Group, a division of Masco Corporation of Taylor, Michigan and one of the world's largest manufacturers of brand-name consumer products for the home and family. All KraftMaid Cabinetry is backed by a limited lifetime warranty. For more information, visit www.kraftmaid.com.
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