Standard Pacific Homes is a national new home builder with communities and homes for sale in California, Nevada, Arizona, Colorado, Texas, Florida, North Carolina and South Carolina.
The company was incorporated by Arthur Svendsen and Ronald Foell in 1961 and began construction of its first subdivision in 1965. Today, Standard Pacific Homes is a Fortune 500 company traded on the New York Stock Exchange under the ticker symbol SPF.
Over their 44+ year history, they’ve delivered more than 108,000 homes to a wide range of families in some of the nation’s largest new housing markets. In addition to home building, Standard Pacific Homes provides title and mortgage services to homebuyers through SPH Title and Standard Pacific Homes Mortgage. In 2008, they ranked #13 on the annual Builder 100 with 5,025 closings and $1.7 billion in total revenue.
Big Builder Online’s April 2010 cover story featured Standard Pacific Homes as a new company, re-committed to quality above quantity, and well positioned for future growth. The main player in Standard Pacific Homes’ recent success, C.E.O. Ken Campbell, who dragged the failing company from near bankruptcy to the top of the heap in terms of industry operating performance. In a year, Standard Pacific Homes decreased loses from $1.23 billion in 2008 to a mere $14 million in 2009. Their strategy of big cuts, sacrifice and hard work was embraced by every Standard Pacific employee.
Quick Stats:
Status – Public
Ticker Symbol – SPF
C.E.O. – Ken Campbell
2007 Closings – 8,051
2007 Revenue – $3.3 billion
2008 Closings – 5,025
2008 Revenue – $1.7 billion
Learn more about Standard Pacific Homes by visiting them on-line at www.StandardPacificHomes.com.
Source:
Wikipedia.org – Standard Pacific Homes
Standard Pacific Homes Company Profile 2009 – NHS
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