updated: 7/16/2013 4:48:07 PM

Delta Faucet Adding Greensburg Jobs

InsideINdianaBusiness.com Report

Delta Faucet Company has announced plans to expand its Greensburg operations and create up to 160 jobs by 2014. The company plans to invest around $12 million to equip its facility to produce acrylic bathtubs and shower products.

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July 16, 2013

News Release

Greensburg, Ind. -- Delta Faucet Company, a division of Masco Corporation (NYSE: MAS), announced plans today to expand its operations here, creating up to 160 new jobs by 2014.

The Indianapolis-headquartered company, an international manufacturer of kitchen faucets, bath faucets, shower heads, bathing and shower systems, toilets and related accessories, will invest approximately $12 million to renovate and equip its facility located at 1425 West Main Street in Greensburg. Portions of the 380,000 square-foot facility will be reconfigured to include the manufacturing of acrylic bathtubs and shower products. This reconfiguration is expected to be complete by the end of the year.

"There are many reasons why Indiana stands out for our manufacturing productivity," said Governor Mike Pence. "Companies like Delta Faucet recognize our state for its skilled workforce, low taxes and centralized location. With the long-lasting value Indiana offers, we're working hard to maintain our reputation as a state that works for business."

Delta Faucet, which currently has 140 employees at its Greensburg facility, 500 in Indiana and more than 1,700 internationally, will begin hiring production members, assemblers, material handlers, maintenance and quality technicians, engineers, team leaders, and support associates later this year. Interested applicants can learn more by visiting www.deltafaucetcompany.com/jobs.

"Delta Faucet Company has had operations in Greensburg since our founder, Alex Manoogian, opened a plant there in 1959, so we are pleased to be able to bring this growth to a community where we have such a long, rich history," said Rick Marshall, vice president of operations and supply chain management at Delta Faucet Company. "This investment is another demonstration of our continued focus on delivering products for the home that offer innovation, quality design and reliability."

Founded in 1954, Delta Faucet manufactures and distributes Delta®, Brizo® and Peerless® brand faucets and other residential and commercial plumbing products to more than 53 countries around the world. The company, which has additional manufacturing facilities in Tennessee, Kentucky, Michigan, Canada and China, was one of only four companies in 2012 to be included in the Water Preservation and Pollution Preventive Program by the Indiana Department of Environmental Management. The Greensburg facility has also been recognized five of the last six years by its corporate headquarters for a commitment to employee safety. Faucet and shower components currently go through the finishing manufacturing stage at this location.

The Indiana Economic Development Corporation offered Masco Corporation of Indiana d/b/a Delta Faucet Company up to $1,000,000 in conditional tax credits and up to $200,000 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. Decatur County approved additional tax abatement at the request of the Greensburg-Decatur County Economic Development Corporation.

"The county council is very pleased to work with Delta Faucet to help this company grow and prosper in our community," said Ernie Gauck, president of the Decatur County Council.

Indiana's economy continues to grow with companies' continued confidence in the Hoosier State. In the last month alone, more than 10 companies made plans to expand or relocate in Indiana, accounting for more than 1,000 projected new jobs and upwards of $74 million in capital investment.

About Delta Faucet
Founded by Masco Corporation in 1954 with the introduction of the single-handle faucet, Delta Faucet Company is proud to be America's faucet innovation leader, featuring Delta®, Brizo® and Peerless® products. A WaterSense® partner of the U.S. Environmental Protection Agency, Delta Faucet is a global organization that offers kitchen faucets, bath faucets, shower heads, bathing and shower systems, toilets and related accessories, selling products in more than 53 countries. For more information, visit www.deltafaucet.com.

About Masco
Masco Corporation (NYSE: MAS), parent company of Delta Faucet Company, is one of the world's largest manufacturers of brand-name consumer products for the home and family, including Behr paint; Delta and Hansgrohe kitchen and bath faucets and shower fixtures; KraftMaid and Merillat cabinets; and Milgard windows and doors. Masco is also a leading provider of services that include the installation of insulation and other building products through Masco Contractor Services. Visit www.masco.com for more information on the Masco family of brands.

About IEDC
Created in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Mike Pence. Victor Smith serves as the Indiana Secretary of Commerce and Eric Doden is the president of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Source: Indiana Economic Development Corp.

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