Crown Honored With Mastar Supplier Award

TAYLOR, Mich. -- Masco Corporation (NYSE: MAS) announced Crown Lift Trucks as a winner of its MASTAR (Masco Supplier Team Award Recognition) 2003 Program at a special ceremony on October 20.

Other winners of the 2003 awards are: Akzo Nobel Coatings, Inc., Blum, Inc., Chevron Phillips Chemical, Grainger, Hermes Abrasives, Ltd., Moore Wallace, Inc., Packaging Corporation of America, Sharp Electronics Corporation, Smurfit-Stone Container Corporation, Uneeda Enterpizes, Inc., and xpedx.

The MASTAR Awards recognize and reward leadership, communication, commitment, and cooperation of Masco's extensive supplier group to achieve world-class quality, cost reduction, delivery, sustainability, and service.

"Crown Lift Trucks has provided support and teamwork that has enhanced our operations," said Alan Barry, Masco's President and Chief Operating Officer. "Crown shares Masco's dedication to quality products, people and services. We want to acknowledge its hard work and commitment to excellence."

Companies winning MASTAR Awards must be aligned with Masco in providing the highest quality products and services at the lowest total cost through improved efficiencies, innovative technologies and creative business solutions. The specific measurement categories for the MASTAR awards include quality, total cost reduction, delivery and responsiveness.

"Crown feels fortunate for the opportunity to develop a close partnership with the Masco corporate purchasing team," said Tom Keller, Director of National Accounts for Crown. "This highly positive and efficient relationship makes it easy to do business with the entire Masco organization. Both companies share similar standards when it comes to quality, costs and responsiveness to the customer. We're very much honored to receive the MASTAR Award."

With corporate headquarters in New Bremen, Ohio, Crown Equipment Corporation ranks as the number one electric lift truck manufacturer in America. Crown lift trucks are also well known for their high quality and value, having earned more than 45 design awards for product excellence.

Masco Corporation, headquartered in Taylor, Mich., is a leading manufacturers of faucets, cabinets, architectural coatings, and other consumer brand-name home improvement and building products.

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