Housing Giants - February 1, 2009 - (Page 11) FEATURE INTRODUCING PLASTPRO™ FIBERGLASS Trimmable Doors The Perfect Door, The Perfect Fit, Every Time. Trimmable Up To 2" Velocity Is Vital The partners don’t deny their business is challenged. “This market is still viable, but it’s tough right now,” Bartholomew says, “and our operating model is based on high velocity selling to keep the land turning and make up for the low margin on each house.” One reason they don’t have to compete with national builders is that the margins they operate at don’t look appealing, says LeBoeuf. But right now, they are not building enough houses. When the books close on 2008, Main Street will report about 600 closings for last year, compared with more than 11 02.01.09 HOUSING GIANTS www.HousingGiants.com 1,000 the previous year. Revenues are expected to be down to about $75 million, from $133.1 million in 2007. Trim up to 1" from each composite stile, 1/2" from top rail and 1-1/2" from bottom rail to fit an existing entryway without any reconstruction. Growth Engine Bartholomew and LeBoeuf are determined to regain the momentum lost in 2008. All through the 1990s, Main Street grew by 100 closings or more each year until the firm hit a peak of 1,094 closings in 2001, for $124.1 million in revenue. But their home town of Austin, Texas, became an increasingly difficult place to entitle new communities during the 2000s, and Main Street’s closings shrank Trimmable Stiles Polyurethane Core Reinforced Fiberglass Skin Trimmable Rail Plastpro Fiberglass Trimmable Doors ensure the perfect fit for every entryway. With the flexibility to size for the correct height and width of an existing entryway without any reconstruction, Trimmable Doors are the latest innovation from Plastpro. Made with Plastpro’s exclusive Hydroshield Technology™ for long-lasting durability, this is the door your home has been waiting for. www.plastproinc.com IBS 2009 Las Vegas Convention Center Las Vegas, NV Booth #C6571 January 20 - 23, 2009 ® http://www.plastproinc.comcom http://www.plastproinc.com http://www.plastproinc.com http://www.housinggiants.com
Table of Contents Feed for the Digital Edition of Housing Giants - February 1, 2009 Housing Giants - February 1, 2009 Contents Viewpoint News & Moves Process Feature Housing Giants - February 1, 2009 Housing Giants - February 1, 2009 - Housing Giants - February 1, 2009 (Page Cover1) Housing Giants - February 1, 2009 - Contents (Page 2) Housing Giants - February 1, 2009 - Viewpoint (Page 3) Housing Giants - February 1, 2009 - News & Moves (Page 4) Housing Giants - February 1, 2009 - News & Moves (Page 5) Housing Giants - February 1, 2009 - Process (Page 6) Housing Giants - February 1, 2009 - Feature (Page 7) Housing Giants - February 1, 2009 - Feature (Page 8) Housing Giants - February 1, 2009 - Feature (Page 9) Housing Giants - February 1, 2009 - Feature (Page 10) Housing Giants - February 1, 2009 - Feature (Page 11) Housing Giants - February 1, 2009 - Feature (Page 12) Housing Giants - February 1, 2009 - Feature (Page 13) Housing Giants - February 1, 2009 - Feature (Page 14)
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