Description
PulteGroup is a home construction company based in Atlanta, Georgia, United States. The company is the 3rd largest home construction company in the United States based on the number of homes closed.
The company operates in 44 markets in 23 states. In the 2021 edition of the Fortune 500 it ranked 284th, based on its 2020 revenue.
They have a C rating at the Better Business Bureau with 365 complaints in the last 3 years.
History
In 1950, Bill Pulte, who was 18 years old, began building and selling houses. In 1956, the company was formed and was based in Bloomfield Hills, Michigan. In 1972, the company became a public company via an initial public offering. In 1998, PulteGroup acquired Divosta for an estimated $150 million. The company also acquired Radnor Homes. In 2001, the company acquired Del E. Webb Construction Company, founded by Del Webb, for $1.8 billion. In 2003, the company acquired Sivage-Thomas Homes. In 2009, Pulte Group acquired Centex for $1.3 billion in stock. The company moved its headquarters to Atlanta, Georgia in 2014. In 2016, Ryan Marshall became president and CEO of the company. In April 2019, the company acquired the homebuilding operations of American West Homes for $150 million. The company changed its name from Pulte Homes, Inc. to PulteGroup, Inc. in March 2010.
