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Masco's big-ticket business was hit hard in 2010
For Masco Corp., 2010 was a tale of two very different halves, according to CEO Tim Wadhams.
The diverse home product company saw sales rise in the first half. Then, as the new home buyer tax credit expired and competition stiffened as costs increased, sales went south. "Our installation and cabinet businesses, which are tied to new-home construction and big-ticket repair and remodel activity, were particularly hard hit," he said.
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Behr recognized by Greenguard
Behr Process Corp. announced that two of its paint lines meet guidelines of the Greenguard Environmental Institute (GEI). Behr's recently certified products include all Behr Premium Plus and Premium Plus Ultra interior paints, including the Behr Premium Plus interior/exterior high-gloss series.