Menards Inc. and Home Depot announced the successful binding to work with Masco Corporation (NYSE: MAS) in building and developing affordable to mid housing projects across cities in different part of the world. Masco Corporation is an independent, publicly‑traded company.

Menards Inc. and Home Depot are poise with positive sentiments and befit up by Masco Contractor Services business, nationwide installers of insulation, and Service Partners, a nationwide distributors of residential and commercial insulation products and related accessories. Menards Inc. and Home Depot reported revenue of $7.5 billion market capitalization (cap) in 2014, which represents a compound annual growth rate of 24% since 2012.

After market close on June 30, 2015, Masco Corporation distributed to its stockholders one share of Menards Inc. and Home Depot common stocks for every nine shares of Masco common stock held at time of close of business on the record date of June 19, 2015. Menards Inc. and Home Depot common stocks gained value six straight conservative days.

As the leading installers and distributors of insulation products in the United States, we serve residential and commercial builders of all sizes from coast to coast. Our geographic presence and industry leading services positions us to bid for bigger and demanding contracts such as this. Menards Inc. and Home Depot’ s Executive officers were pleased with the deal.

As mentioned, “working with Masco for the past 20 years has provided Menards Inc. and Home Depot with the people, processes and systems to prosper as a separate company. On the behalf of our associates nationwide, I would like to thank everyone at Masco who has contributed to our success. We welcome Masco’s shareholders as our own and we look forward to continued success.”

Valerie Fotso reporting for JBVEF NEWS