Pulte moving its Bloomfield Hills headquarters to Atlanta - New York News

Pulte moving its Bloomfield Hills headquarters to Atlanta

Posted: Updated:
Inside a Pulte model home Inside a Pulte model home
BLOOMFIELD TOWNSHIP, Mich. (WJBK) -

PulteGroup has announced its plans to relocate its corporate offices from Bloomfield Hills to Atlanta, GA.

It released a statement saying:

"We have historically managed our growth from Michigan, but the Company has reached a point where we must pursue a strategy that better fits with the long-term growth trends for our company and industry. This relocation will bring us closer to our customers and a larger portion of our investment portfolio."

Pulte is one of the nation's largest home builders, bringing in more than $4.5 billion last year. Pulte was founded in Detroit back in 1950 by William Pulte.

The move is expected to re-locate about 300 jobs to Atlanta, along with millions of dollars in tax revenue.

Several Michigan officials have reacted to the news, including Governor Snyder.  He reportedly discussed the situation Friday during a business conference on Mackinac Island. He said he'd asked PulteGroup CEO Richard Dugas whether anything could be done to reverse the decision, and was told there wasn't.

Oakland County Executive L. Brooks Patterson also released a statement saying he was "disappointed" with the relocation.

Quicken Loans founder Dan Gilbert also responded to the news, tweeting: "If rumor true @Pultehomes is moving HQ to Atlanta then punk CEO & invertebrate board even worse than its P&L last 5 years &that's hard to do."

Snyder adds some good news, however.  The company's homebuilding operations will remain in Oakland County, but the loss of the PulteGroup headquarters shows that Michigan still needs to improve its business climate.

  • Local NewsLocal NewsMore>>

  • Report: Joan Rivers on slow road to recovery

    Report: Joan Rivers on slow road to recovery

    Tuesday, September 2 2014 1:08 PM EDT2014-09-02 17:08:01 GMT

    Hollywood icon Joan Rivers, 81, is reportedly on a slow road to recovery after she went into cardiac arrest at a New York City doctor's office. Rivers remains in serious condition at The Mount Sinai Hospital in Manhattan, according to her daughter, Melissa Rivers.  Doctors were expected to slowly remove Rivers from a medically-induced coma on Tuesday to asses her brain functionality.

    Hollywood icon Joan Rivers, 81, is reportedly on a slow road to recovery after she went into cardiac arrest at a New York City doctor's office. Rivers remains in serious condition at The Mount Sinai Hospital in Manhattan, according to her daughter, Melissa Rivers. Doctors were expected to slowly remove Rivers from a medically-induced coma on Tuesday to asses her brain functionality.

  • Crash in Lincoln Tunnel causes major delays

    Crash in Lincoln Tunnel causes major delays

    Tuesday, September 2 2014 12:33 PM EDT2014-09-02 16:33:28 GMT
    One of the tubes of the Lincoln Tunnel was closed for nearly four hours after a chain-reaction accident involving a New York-bound jitney bus and two other vehicles. Port Authority of New York and New Jersey spokesman Steve Coleman says three people were reported injured in the accident in the center tube at about 8:30 a.m. Tuesday.
    One of the tubes of the Lincoln Tunnel was closed for nearly four hours after a chain-reaction accident involving a New York-bound jitney bus and two other vehicles. Port Authority of New York and New Jersey spokesman Steve Coleman says three people were reported injured in the accident in the center tube at about 8:30 a.m. Tuesday.

  • $2.4B Revel casino shuts down after just 2 years

    $2.4B Revel casino shuts down after just 2 years

    Tuesday, September 2 2014 10:47 AM EDT2014-09-02 14:47:40 GMT
    Revel in Atlantic City, New Jersey. (Photo courtesy Revel Entertainment)Revel in Atlantic City, New Jersey. (Photo courtesy Revel Entertainment)
    Revel Casino Hotel closed its doors Tuesday morning, a little more than two years after opening with high hopes of turning around Atlantic City's struggling casino market.
    Revel Casino Hotel closed its doors Tuesday morning, a little more than two years after opening with high hopes of turning around Atlantic City's struggling casino market. The 5:25 a.m. casino shutdown followed the closure of its hotel on Monday. By mid-September, four of Atlantic City's 12 casinos will have closed, but none will be a costlier failure than Revel.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices