TOLL BROTHERS

'Toll Brothers' is a Horsham, Pennsylvania based company and the largest builder of luxury homes and luxury communities in the United States.

Contents

Company Perspectives

Key Dates

History

Markets

Principal Subsidiaries

Principal Competitors

Sources

External links

Company Perspectives

Toll Brothers Inc. is a leading U.S. homebuilder, constructing some 8,000 homes annually. Most are single-family luxury residences. Toll is distinguished in its industry by a long record of profitability and revenue growth. Subsidiaries produce homebuilding supplies such as lumber products and offer a variety of consumer services ranging from insurance to cable television. Toll is active in about 300 communities in 20 states and is strongest in the Mid-Atlantic.

Key Dates

1967: The business is formed in Pennsylvania by Robert I. Toll and Bruce E. Toll.

1979: Annual revenues approach $50 million.

1982: Toll Brothers expands to New Jersey.

1986: A public offering raises $40 million.

1995: Geoffrey H. Edmunds & Associates is acquired, and the company expands into the Sunbelt.

1999: Detroit's Silverman Companies is acquired.

2003: Jacksonville, Florida-based Richard R. Dostie, Inc., and The Manhattan Building Company are acquired.

History

Markets

Toll Brothers operates in the following states:

★ Arizona

★ California

★ Colorado

★ Connecticut

★ Delaware

★ Florida

★ Illinois

★ Maryland

★ Massachusetts

★ Michigan

★ Minnesota

★ Missouri

★ Nevada

★ New Hampshire

★ New Jersey

★ New York

★ North Carolina

★ Ohio (Stopped building here around 2004-2005)

★ Pennsylvania

★ Rhode Island

★ South Carolina

★ Texas

★ Virginia

★ West Virginia

Principal Subsidiaries

Advanced Broadband L.P.; Westminster Insurance Agency, Inc.; Westminster Mortgage Corporation; Westminster Title Company, Inc.; Toll Integrated Services (TIS); Toll Landscape; and Eastern States Engineering (ESE)

Principal Competitors

Companies often competing in the same markets as Toll Brothers include Centex, D.R. Horton, KB Home, Lennar Corporation, Pulte Homes Inc., and Ryland Group Inc.

Sources

"Toll Brothers Inc.: Introduction." International Directory of Company Histories. Ed. Tina Grant. Vol. 70. Thomson Gale, 2005. eNotes.com. 2006. 24 Oct, 2006

External links

★ Corporate website

★ Design Your Own Home website

★ Toll Brothers' Quick Delivery Homes website

★ Singer Island, Florida Condos

★ Toll Brothers' Brooklyn Condos page

★ Toll Brothers' Eastern Shore Page