Toll Brothers

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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)
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	Image:Green up.png$5.86 billion USD (2005)
Employees	5,581 (2005)
Slogan	America's Luxury Home Builder
Website	www.tollbrothers.com

Contents 1 Company Perspectives 2 Key Dates 3 History 4 Markets 5 Principal Subsidiaries 6 Principal Competitors 7 Sources 8 External links

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.

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 Intergrated Services (TIS); Toll Landscape

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 <http://business.enotes.com/company-histories/ toll-brothers-inc>

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