Sunday, February 3, 2008

Taylor Woodrow Homes and Morrison Homes Merge

Taylor Woodrow Homes and Morrison Homes have merged to form Taylor Morrison, which is now the 15th largest home builder in the United States. Both companies are owned by the United Kingdom’s largest home builder, Taylor Wimpey PLC. However, this signals a potential for consolidation among home builders, especially as economic conditions worsen in the U.S. and the housing market continues to slide.

Taylor Morrison’s Silicon Valley communities include Morgan Lane in Menlo Park; Hawthorn Place, Marburg Place, Hampton Park, Modern Ice, and Spyglass Hill in San Jose; and Verona Ridge in San Mateo. In the U.S. Taylor Morrison is involved with more than 280 communities in Texas, Colorado, Nevada, Florida, and Arizona.

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