PulteGroup, Inc. (ticker: PHM, exchange: New York Stock Exchange (.N))
News Release -
Pulte Homes and Centex among Fortune Magazine's Most Admired
Companies for 2010Two Pulte Homes, Inc. Operations Rank in Top Five of Homebuilding CategoryBLOOMFIELD HILLS, Mich., Mar 12, 2010 (BUSINESS WIRE) -- Pulte Homes, Inc. (NYSE: PHM) has been recognized by Fortune
magazine as one of the world's most admired companies in 2010, placing
two of its operations, Pulte Homes and Centex, among the Top Five
companies in the homebuilder category. Pulte Homes was second in the
annual Fortune rankings, up from No. 4 last year, while Centex -
which merged with Pulte Homes, Inc. last summer - ranked No. 5.
Companies in a variety of industries were judged by the editors of Fortune
on nine criteria: innovation, people management, use of corporate
assets, social responsibility, quality of management, financial
soundness, long-term investment, quality of products/services and global
competitiveness. Among the nine criteria, Pulte Homes ranked first in
the homebuilding industry in social responsibility.
"We're very pleased with this recognition from the editors of Fortune
magazine, one of the world's leading business publications," said
Richard J. Dugas, Jr. president and CEO of Pulte Homes, Inc. "Placing
both Pulte Homes and Centex in the Top Five is a testament to the
dedication and hard work of all our employees and trade partners across
the country. Working for Pulte, they build quality homes filled with
innovative features people want and value they demand.
"The rankings also validate why the strategic merger with Centex was so
attractive to us last year," Dugas added. "The Centex brand strongly
complements both Pulte Homes and our third brand, Del Webb. The Pulte
product lineup has expanded to attract homebuyers at whatever stage in
life they may be in - whether a first-time homeowner, move-up buyer or
person interested in an active adult lifestyle."
Details on the above rankings can be found at Fortune.com or in the
March 22, 2010 issue of the magazine.
About Pulte Homes
Pulte Homes, Inc., (NYSE: PHM) based in Bloomfield Hills, Mich., is one
of America's largest home building companies with operations in 69
markets, 29 states and the District of Columbia. The Company has an
unmatched capacity to meet the needs of all buyer segments through its
brand portfolio that includes Pulte Homes, Centex and Del Webb, as well
as its regional brands of DiVosta Homes (Florida) and Fox & Jacobs
(Texas). In 2009, Pulte Homes brands received more top rankings than any
other homebuilder in the annual J.D. Power and Associates 2009 New-Home
Builder Customer Satisfaction Studysm. Pulte Mortgage LLC is
a nationwide lender offering Pulte customers a variety of loan products
and superior service.
Web sites: www.pulteinc.com;
SOURCE: Pulte Homes, Inc.
Pulte Homes, Inc.
Investors: Jim Zeumer
Media: Caryn Klebba