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The Drees Company

 
Hoover's Profile: The Drees Company
Contact Information
The Drees Company
211 Grandview Dr., Ste. 300
Fort Mitchell, KY 41017-2790
KY Tel. 859-578-4200
Fax 859-341-5854

Type: Private
On the web: http://www.dreeshomes.com
Employees: 750
Employee growth: (16.7%)

The Drees Company is a leading homebuilder in Cincinnati and one of the top private builders in the US. First-time home buyers and move-up customers may choose from homes that range from about $100,000 to more than $1 million. Drees also builds condominiums, town homes, and patio homes. It sells luxury homes through its Zaring Premier Homes division and more modest houses under the Marquis Homes name. The company purchases land to develop as homesites in Florida, Indiana, Kentucky, North Carolina, Ohio, Tennessee, Texas, and the Washington, DC, area. Drees also offers financing through its First Equity Mortgage subsidiary, which has closed more than $1 billion in loans over the years.

Key numbers for fiscal year ending March, 2008:
Sales: $833.0M
One year growth: (24.6%)

Officers:
Chairman: Ralph A. Drees
President and CEO: David Drees
EVP and CFO: Mark Williams

Competitors:
Fischer Homes
M/I Homes
Pulte Homes

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