Pulte Homes

One of the nation's largest homebuilders.

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Headquarters:
100 Bloomfield Hills Parkway,
Bloomfield Hills, MI 48304
Employees: 11,900
CEO: Richard Dugas Jr.
Stock Symbol: PHM

Website: http://www.pulte.com

Career Site

Pulte Homes is one of the nation's largest homebuilders. It builds new homes in 50 markets in 26 states.

The company's brands includes Pulte Homes, Del Webb, Sun City Communities and DiVosta. Del Webb is the nation's leading builder of active adult communities for people age 55 and older.

The DiVosta brand is renowned in Florida for its Built Solid building system and distinctive master-planned communities featuring a town-center concept.

Pulte Mortgage LLC is a nationwide lender and offers Pulte customers a wide variety of loan products.

For the full year 2006, home closings were 41,487, down 9% compared with 2005. Net new orders for the full year 2006 decreased 29% from the prior year to 33,925 homes. Unit backlog of 10,255 as of the end of the fourth quarter was valued at $3.6 billion. The average selling price was $337,000.

In 2006, the company generated consolidated revenues of $14.3 billion and net income of $689.6 million.

Pulte announced in May it would cut 1,900 jobs or about 16% of its workforce as new home sales have slowed down over the past year. The move is expected to save the company about $200 million.

History

In the summer of 1950, following his high school graduation, William J. Pulte built his first home in Detroit.  The five-room bungalow featured a fireplace, seldom found in bungalows of the day, and sold for $10,000 even before its completion.  Incorporated as William J. Pulte, Inc., Bill began building custom homes in the Detroit suburbs.

The company has built more than 500,000 homes to date.

Benefits

Benefits offered are available after 60 days of employment except the 401(k) plan:

Medical Insurance
Dental Insurance
401(K) Plan (full and immediate vesting of employer contributions)
Life Insurance
Accidental Death & Dismemberment Insurance
Dependent Life Insurance
Business Travel Accident Insurance
Short Term Disability
Long Term Disability
Vision Insurance
Choice Accounts
Tuition Reimbursement Plan
Employee Assistance Program
Holidays
Vacation
Paid Time Off (PTO)
Equal Employment Policy
Time Off for Volunteering

Updated May 29, 2007

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