CalAtlantic Homes: Difference between revisions
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'''Standard Pacific Homes''' is the United States' 12th largest homebuilder,<ref>[http://www.builderonline.com/builder100/2010.aspx]</ref> based in [[Irvine, California]], engaged in the development of single-family and multi-family homes. Standard Pacific has built homes for more than 113,000 families during its 46-year history. The Company constructs homes within a wide range of price and size targeting a broad range of homebuyers. Standard Pacific operates in many of the largest housing markets in the country with operations in major metropolitan areas in California, Florida, Arizona, the Carolinas, Texas, Colorado and Nevada. |
'''Standard Pacific Homes''' is the United States' 12th largest homebuilder,<ref>[http://www.builderonline.com/builder100/2010.aspx]</ref> based in [[Irvine, California]], engaged in the development of single-family and multi-family homes. Standard Pacific has built homes for more than 113,000 families during its 46-year history. The Company constructs homes within a wide range of price and size targeting a broad range of homebuyers. Standard Pacific operates in many of the largest housing markets in the country with operations in major metropolitan areas in California, Florida, Arizona, the Carolinas, Texas, Colorado and Nevada. |
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In June 2015, Standard Pacific Homes and [[Ryland Homes]] announced the companies were merging. The combined company is expected to be the nation's fourth largest home builder.<ref>{{cite web|url=http://www.latimes.com/business/la-fi-standard-pacific-ryland-stocks-20150615-story.htmland |title=Stocks of Standard Pacific, Ryland jump after merger plans announced |publisher=LATimes.com |date=2015-06-15 |accessdate=2015-06-15}}</ref> |
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==History== |
==History== |
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Revision as of 20:36, 15 June 2015
 | This article needs additional citations for verification. (July 2010) |
| Company type | Corporation |
|---|---|
| NYSE: SPF | |
| Industry | Home construction |
| Founded | 1961 |
| Headquarters | Irvine, California |
Key people | Scott D. Stowell, CEO |
Number of employees | Approx. 750 |
| Website | standardpacifichomes.com |
Standard Pacific Homes is the United States' 12th largest homebuilder,[1] based in Irvine, California, engaged in the development of single-family and multi-family homes. Standard Pacific has built homes for more than 113,000 families during its 46-year history. The Company constructs homes within a wide range of price and size targeting a broad range of homebuyers. Standard Pacific operates in many of the largest housing markets in the country with operations in major metropolitan areas in California, Florida, Arizona, the Carolinas, Texas, Colorado and Nevada.
In June 2015, Standard Pacific Homes and Ryland Homes announced the companies were merging. The combined company is expected to be the nation's fourth largest home builder.[2]
History
The company now known as Standard Pacific Homes was incorporated in 1961 by Arthur Svendsen and Ronald Foell, and began construction of its first subdivision in 1965. Operations expanded to include Northern California in 1970, Texas in 1978, and Arizona in 1998. Since then the company has expanded into new markets primarily by acquiring established homebuilders in those areas.
Corporation
Shares of Standard Pacific Homes are traded on the New York Stock Exchange with the ticker symbol SPF. The chairman of the board of directors is Ronald R. Foell. Scott D. Stowell is President and Chief Executive Officer and Jeff J. McCall is Executive Vice President and Chief Financial Officer.
References
- ^ [1]
- ^ "Stocks of Standard Pacific, Ryland jump after merger plans announced". LATimes.com. 2015-06-15. Retrieved 2015-06-15.