PROFILE |
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A family tradition since 1928, The Drees Co. helps other families start their own traditions by building homes for them. The company, which is one of the leading home builders in Cincinnati, offers almost 100 floor plans ranging from $100,000 to $500,000. Besides Cincinnati, the builder operates in seven other cities. It has expanded to growing areas yet to be built-out, such as Austin, Texas. Drees has also purchased Zaring National's homebuilding assets in Cincinnati, Indianapolis, and Nashville, Tennessee. Drees owns apartment complexes, and its First Equity Mortgage subsidiary helps buyers finance their homes.
COMPETITION |
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Crossmann Communities, Inc. (CROS)
M/I Schottenstein Homes, Inc. (MHO)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2000 Sales (mil.): 515.00
1-Yr. Sales Growth: 40.7%
Employees: 700
Revenue per employee: $735,714.29
KEY PEOPLE |
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Ralph Drees
CEO
Mark Williams
CFO
CONTACT INFO |
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211 Grandview Dr.
Fort Mitchell, KY 41017
US
Phone: 859-578-4200
Fax: 859-341-5854
Online: Web Site
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