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News & Moves: March 24, 2008
Curious about what's going on in the housing industry? You've come to the right place
By Jennifer Powell, Staff Writer
March 24, 2008
GIANTS
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They're building a new Innovention Dream House, but remember the original House of Tomorrow at Disneyland? Check it out on YouTube: Video 1 and Video 2. |
Taylor Morrison is the exclusive home building partner of Disneyland Resort's Innoventions Dream Home. The Dream Home is a modern-day successor to the park's original House of Tomorrow, which closed in 1967. The home builder will join Microsoft, HP and others in the development and design of the approximately 5,000 square foot home, created to showcase current and future technology in one complete package. The home will debut in late May.
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Sandy Dunn |
Sandy Dunn, president of Point Pleasant, W. Va.—based B.J. Builders, was elected president of NAHB during the association's International Builders' Show in Orlando, Fla. Dunn is a home builder who has provided affordable housing in West Virginia for more than 30 years. She has held leadership positions in home builders associations at the local, state and national level and within NAHB. Her plans for 2008 include working with the nation's lawmakers to implement policies that will resolve the credit crunch and revitalize home building.
90: The number of years Philadelphia-based Orleans Homebuilders has been building homes. According to the company, more than 85,000 homes erected since its start in 1918.
Meyers Builder Advisors, a full-service real-estate consulting and
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| Mary Lisa Wahlfeldt |
Mike Farrah
Mike Farrah is the new power tool division president for TTI-North America. Farrah will have full responsibility for the business as it relates to the Ryobi and Ridgid brands, including operations, product development, sales and marketing.

GE Money and Masco Builder Cabinet Group announced a new multi-year relationship to provide financing to homeowners purchasing the group's Merillat brand of cabinetry. The program is being offered through GE Money's Sales Finance unit and includes two financing options: GE Money's Projectline Plus program, which provides revolving credit terms, and the Projectloan program, which offers homeowners an installment
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| David Stapleton |
Moosic, Pa.-based Azek Building Products, a PVC product manufacturer, has acquired Composatron Manufacturing of Toronto, Canada. Composatron manufactures residential railing systems under the Premier and Trademark brands.
David Stapleton joins Homefed Corp. as manager of acquisitions. The Carlsbad, Calif.-based company develops large-scale communities and
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Mark J. O'Brien |
Walter Industries announced the restructuring of JWH Holding Co. Thirty six underperforming Jim Walter Homes sales centers will close. The hope is to offset the impact of lower sales volumes with annualized reductions in operating expenses in the range of $26 million to $28 million. "After careful consideration of the performance of each branch in our system and the challenging operating environment facing the entire home building industry, we came to the difficult decision to close nearly half of our branches," Mark J. O'Brien, chairman and CEO of JWH Holding Company, said in a press release.
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© 2008, Reed Business Information, a division of Reed Elsevier Inc. All Rights Reserved.


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