PROFILE |
 |
Morrison Homes has a master plan when it comes to the housing market. The company primarily builds single-family homes which average about $227,000, but has expanded its market to include cheaper models targeted at first-time buyers and smaller homes for empty-nesters. Through a joint venture with Lennar Homes, Morrison Homes will build active adult communities in Atlanta. Morrison Homes operates in Arizona, California, Florida, Georgia, and Texas. The company has withdrawn from its southeastern Florida activities to focus on the Jacksonville market. Its Morrison Financial Services unit processes mortgages and provides financing for half of its homebuyers. The company is the US arm of UK homebuilder George Wimpey.
COMPETITION |
 |
Beazer Homes USA, Inc. (BZH)
KB Home (KBH)
Toll Brothers, Inc. (TOL)
|
 |
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: December
2000 Sales (mil.): 615.00
1-Yr. Sales Growth: 20.6%
Employees: 449
Revenue per employee: $1,369,710.47
KEY PEOPLE |
 |
Stewart M. Cline
CEO
Richard C. C. Saville
CFO
CONTACT INFO |
 |
3700 Mansell Rd., Ste. 300
Alpharetta, GA 30022
US
Phone: 770-998-9044
Fax: 770-998-8414
Online: Web Site
|