Masco Corporation Signs Agreement to Sell Arrow Fastener

May 05, 2017

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Taylor, Mich., (May 5, 2017) — This week, Masco signed an agreement to sell Arrow Fastener, a business unit in our Windows and Other Specialty Products segment, to Hangzhou GreatStar Industrial Co., Ltd.  Arrow, acquired by Masco in 1999 and located in Saddle Brook, NJ, is a leading manufacturer of manual and electric staple guns, nail guns, and rivet tools. The transaction is expected to close in mid-2017.