Toll Brothers
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| Type | Public (NYSE: TOL) |
|---|---|
| Founded | 1967 |
| Headquarters | Horsham, Pennsylvania United States |
| Key people | Robert I Toll, Chairman, CEO Zvi Barzilay, COO Bruce E Toll, Vice Chairman Joel H Rassman, CFO |
| Products | Homes |
| Revenue | $4.65 billion USD (2007) |
| Employees | 4,329 (2007) |
| Website | www.tollbrothers.com |
Toll Brothers NYSE: TOL is a Horsham, Pennsylvania based luxury homes builder.
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[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] Markets
Toll Brothers operates in the following states:
- Arizona
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Illinois
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Nevada
- New Jersey
- New York
- North Carolina
- Pennsylvania
- South Carolina
- Texas
- Virginia
- West Virginia
[edit] Principal Subsidiaries
TBI Mortgage; Westminster Insurance Agency, Inc.; Westminster Title Company, Inc.; Toll Integrated Services (TIS); Toll Landscape; Toll Architecture; and ESE Consultants, Inc. (aka Eastern States Engineering) (ESE)
[edit] Principal Competitors
Companies often competing in the same markets as Toll Brothers include Centex, David Cutler Group, D.R. Horton, KB Home, Lennar Corporation, Pulte Homes, and Ryland Group Inc.
