Masco Corporation (MAS) and Carrier Global Corporation (CARR) are two prominent players in the building products and equipment industry. MAS designs and manufactures home improvement and building products through its Plumbing Products and Decorative Architectural Products segments. It sells its products to the plumbing, heating, and hardware wholesalers, home centers and online retailers, hardware stores, electrical and landscape distributors, lighting showrooms, building supply outlets, and other mass merchandisers. CARR provides heating, ventilating, air conditioning (HVAC), refrigeration, fire and security, and building automation technologies. It serves residential and commercial customers.
High input prices and limited inventory have been causing home prices to rise lately. Though rising mortgage rates have been a concern, strong consumer demand and increasing investments in infrastructure projects should benefit companies engaged in the building products and equipment industry. So, both CARR and MAS should benefit.
