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Alex Manoogian

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Name
  
Alex Manoogian

Role
  
Businessman


Spouse
  
Marie Manoogian (m. 1931)

Organizations founded
  
Masco

Alex Manoogian httpsuploadwikimediaorgwikipediaenthumba

Full Name
  
Alexander Manoogian

Born
  
June 28, 1901 (
1901-06-28
)
Smyrna, Ottoman Empire

Occupation
  
Businessman, entrepreneur, industrial engineer

Died
  
July 10, 1996, Detroit, Michigan, United States

Children
  
Richard Manoogian, Louise Manoogian Simone

Jeux olympiques 2014 alex manoogian


Alexander "Alex" Manoogian (Armenian: Ալեք Մանուկեան, June 28, 1901 – July 10, 1996) was an Armenian-American industrial engineer, businessman, entrepreneur and philanthropist who had most of his career in Detroit, Michigan. He is the founder of the Masco Corporation, which in 1969 was listed on the NYSE (XNYS:MAS). In 1954 he patented and brought to market the first successful washerless ball valve faucet, the Delta faucet, named for the faucet cam shaped like the fourth letter of the Greek alphabet He and his wife Marie donated the Manoogian Mansion to the city of Detroit, which uses it as the official residence of the Mayor of Detroit, MI. In addition to donations to local universities, the Manoogians donated substantial amounts of money to churches, educational institutions and charities of the Armenian Diaspora to preserve and continue their culture.

Contents

Early life and education

Born into an Armenian family in Smyrna, Ottoman Empire (modern-day Izmir, Turkey), Manoogian was 19 when he immigrated to the United States. He was a refugee from the Armenian genocide in the wake of the collapse of the empire during World War I and the rise of the Turkish nationalist movement.

Career

Arriving in Bridgeport, Connecticut in 1920, Manoogian began working as a machinist. He also worked for short periods in Rhode Island and in Massachusetts. In time he was joined by his parents, two brothers and two sisters.

Manoogian and his family moved to Detroit, Michigan in 1924, attracted to opportunities in the booming auto industry. After gaining more experience, in 1929 he founded the Masco Screw Company, later known as Masco Corporation. By 1936, in the midst of the Great Depression, Manoogian had expanded Masco to the point that it was listed on the New York Stock Exchange (NYSE). Manoogian's redesign and production of the Delta faucet, which allowed one-handed use, resulted in best-selling status for the plumbing fixture and generated substantial profits for his business wealth. In 1995 his company had $3 billion in sales and had 38 percent of the domestic market for faucets.

Marriage and family

Manoogian married Marie Tatian (1902 - 1993), also an Armenian immigrant. They had a family: their daughter Louise Manoogian Simone (b. 1933) succeeded him as President of AGBU (see below). Their son Richard A. Manoogian (b. 1936) has been CEO of the family business Masco and is a major collector of American art.

Philanthropy and civic organizations

Manoogian contributed generously to charitable organizations and educational institutions, especially to the Armenian General Benevolent Union (AGBU). In recognition, he was voted Life President in 1970 and Honorary Life President in 1989. Manoogian was also active in the Knights of Vartan; in 1940 he was elected its Avak Sparapet (National Commander).

In 1968 he established the AGBU Alex and Marie Manoogian Cultural Fund. The fund, seeded with a $1 million endowment, is devoted to the publication and translation of Armenian scholarly and literary works, and Armenian cultural material worldwide.

Through the AGBU, the Manoogians funded schools for ethnic Armenians in Southfield, Michigan; Los Angeles, California; Buenos Aires, Argentina; Sydney, Australia; Beirut, Lebanon; Zahle, Lebanon; Egypt; Tehran, Iran; Montreal, Quebec; Toronto, Ontario; and Montevideo, Uruguay (all are named for the Manoogian family). Manoogian also funded numerous Armenian churches, cultural centers, university chairs for Armenian studies and museums worldwide. He donated generously to Wayne State University in Detroit.

Marie Manoogian died in 1993, and Alex in 1996. They were first interred in Detroit, Michigan. In 2007 they were reinterred with state honors in Armenia (see below).

Legacy and honors

  • Manoogian Hall, Wayne State's center for international language and linguistics, is named after him.
  • In 1966 the Manoogians donated their mansion to the city of Detroit. It is used today as the mayoral residence.
  • In 1982 Alex and Marie Manoogian donated funds for the construction of a museum in their name, the Treasury House Museum, on the grounds of the Mother See of Holy Etchmiadzin in Armenia.
  • 1990, was awarded the Ellis Island Medial of Honor.
  • 1993, Alex Manoogian was named a National Hero of Armenia and a citizen of Armenia by President Levon Ter Petrosian, the first person outside the country to be so honored.
  • 2007, at the invitation of the government of Armenia and the Armenian Apostolic Church, the remains of Marie and Alex Manoogian were moved and reinterred with full state honors on the grounds of Holy Etchmiadzin, in front of the Treasury Museum. The Archbishop, national officials and Louise Manoogian Simone, Richard Manoogian and others of their family attended the ceremony; the two children were among the speakers.
  • Alex Manoogian streets in Yerevan, the capital of Armenia; in Montreal, Quebec, Canada; and in Stepanakert, the capital of Nagorno-Karabakh, were named in his honor.
  • References

    Alex Manoogian Wikipedia