Toll Brothers
From Wikipedia, the free encyclopedia
Toll Brothers NYSE: TOL is a Horsham, Pennsylvania based company and the largest builder of luxury homes and luxury communities in the United States.
Toll Brothers | |
Type | Public (NYSE: TOL) |
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Founded | 1967 |
Headquarters | Horsham, Pennsylvania |
Key people | Robert I Toll, Chairman, CEO Zvi Barzilay, COO Bruce E Toll, Vice Chairman Joel H Rassman, CFO |
Products | Homes |
Revenue | $5.86 billion USD (2005) |
Employees | 5,581 (2005) |
Slogan | America's Luxury Home Builder |
Website | www.tollbrothers.com |
Contents |
[edit] Company Perspectives
Toll Brothers Inc. is the 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.
[edit] 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.
[edit] History
[edit] 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
[edit] Principal Subsidiaries
Advanced Broadband L.P.; Westminster Insurance Agency, Inc.; Westminster Mortgage Corporation; Westminster Title Company, Inc.; Toll Intergrated Services (TIS); Toll Landscape
[edit] 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.
[edit] Sources
"Toll Brothers Inc.: Introduction." International Directory of Company Histories. Ed. Tina Grant. Vol. 70. Thomson Gale, 2005. eNotes.com. 2006. 24 Oct, 2006 <http://business.enotes.com/company-histories/ toll-brothers-inc>
[edit] External links
- Corporate website
- Ocean's Edge at Singer Island - Florida Condos
- Hampton Hall - A South Carolina Golf Course Community
- Hampton Pointe - A South Carolina Golf Course Community
- Quick Delivery Homes
Philadelphia-based Corporations (Within the Delaware Valley) |
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Philadelphia-based Fortune 500 Corporations (by size): Sunoco | Comcast | CIGNA | Aramark | Rohm and Haas Company | Crown Holdings Incorporated | Lincoln National Corporation |
Philadelphia-based Fortune 1000 Corporations (by size): Companies listed above, plus Sovereign Bancorp | Pep Boys | FMC Corporation |
Delaware Valley-based Fortune 1000 Corporations (by size): Companies listed above, plus AmerisourceBergen | DuPont Company | Campbell Soup | Toll Brothers | Unisys | Jones Apparel Group | UGI Corporation | Ikon Office Solutions | Universal Health Services | SunGard Data Systems | Teleflex | Airgas | Vishay Intertechnology | Charming Shoppes | Commerce Bancorp | Hercules Inc. | Genesis HealthCare | Ametek |
Philadelphia-based and Delaware Valley-based non-public or externally owned corporations (by size): GlaxoSmithKline (US Operations) | Burlington Coat Factory | Forman Mills |