Masco Annual Report2000

This annual report summarizes Masco Corporation's performance in 2000. Key points include: - Net sales reached a record $7.2 billion, a 15% increase over 1999. However, earnings were below expectations due to factors like a weaker economy and higher costs. - The cabinets and related products segment achieved 15% sales growth to $2.6 billion, while plumbing products sales rose 2% to $1.8 billion. Insulation installation sales increased 61% to $855 million. - Geographically, sales in North America rose 14% to $5.9 billion while international sales grew 21% to $1.3 billion, offsetting currency and market issues in Europe. - Looking ahead