Delta Faucet yet to bounce back from housing crash
Employment has held up at the company's Indianapolis headquarters. But the work force at its Greensburg factory has been decimated.
Employment has held up at the company's Indianapolis headquarters. But the work force at its Greensburg factory has been decimated.
Masco Support Services, which operates from a 125,000-square-foot warehouse at 300 S. Carroll Road on the city’s far-east side, will begin phasing out operations on April 8.
Masco Corp., based in Taylor, Mich., reported a third quarter loss, but its plumbing division eked out a gain.
The Carmel-based company backed off earlier predictions after a mid-year slow-down that could affect its sales.
Amid sagging profits, locally based Delta Faucet Co. has parted ways with two of its top executives. And some analysts think
Delta’s parent corporation–tiring of its sagging performance–is considering selling the faucet manufacturer.