How Did Manoogian Make His Money? The Rise Of A Business Mogul

Manoogian’s journey to success began with Masco Screw Products, a company he founded in 1929. This venture, later renamed Masco Corporation, thrived even during the challenging Great Depression. His ingenuity led to the creation of a groundbreaking product: the single-handled faucet, which dispensed both hot and cold water with ease, revolutionizing bathroom fixtures.

This innovative faucet launched Manoogian’s company into new heights. It wasn’t just a simple design improvement, it was a game-changer in a time when most faucets were bulky and required two separate handles. The single-handled faucet was a practical and elegant solution, making it incredibly popular among consumers. This product, a testament to Manoogian’s entrepreneurial spirit, became a cornerstone of Masco Corporation’s success, establishing the company as a leader in the plumbing industry.

By offering a solution that was both functional and aesthetically pleasing, the single-handled faucet helped Masco Corporation grow rapidly. It was a key contributor to Manoogian’s wealth, proving that innovative ideas and forward-thinking approaches could lead to great success. This era marked the beginning of Masco Corporation’s legacy, a story of innovation and progress that continues to shape the industry even today.