Pulte moving its Bloomfield Hills headquarters to Atlanta - KMSP-TV

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>>

  • Pensioners approve Detroit bankruptcy plan

    Pensioners approve Detroit bankruptcy plan

    Monday, July 21 2014 11:39 PM EDT2014-07-22 03:39:04 GMT
    The city of Detroit says workers and retirees have approved pension cuts, a crucial step to emerging from the largest municipal bankruptcy in U.S. history. The city reported results Monday after two months of balloting ended July 11. A judge still must hold a trial to determine if Detroit's overall bankruptcy plan is fair and feasible, but support from retirees is vital.
    The city of Detroit says workers and retirees have approved pension cuts, a crucial step to emerging from the largest municipal bankruptcy in U.S. history. The city reported results Monday after two months of balloting ended July 11. A judge still must hold a trial to determine if Detroit's overall bankruptcy plan is fair and feasible, but support from retirees is vital.
  • DPD's 6th precinct struck by bullets in drive-by shooting

    DPD's 6th precinct struck by bullets in drive-by shooting

    Monday, July 21 2014 11:06 PM EDT2014-07-22 03:06:31 GMT
    Detroit police say bullets struck the 6th Precinct building during a drive-by shooting. This was the same precinct where four officers were shot back in 2011.
    Detroit police say bullets struck the 6th Precinct building during a drive-by shooting. This was the same precinct where four officers were shot back in 2011.
  • City turns down Vinsetta Garage's new parking proposal

    City turns down Vinsetta Garage's new parking proposal

    Monday, July 21 2014 10:31 PM EDT2014-07-22 02:31:49 GMT
    Vinsetta Garage, a popular restaurant in Berkley, proposed to tear down several homes and build a parking lot to solve the parking issue in the neighborhood, but the proposal was turned down Monday at city hall.
    Vinsetta Garage, a popular restaurant in Berkley, proposed to tear down several homes and build a parking lot to solve the parking issue in the neighborhood, but the proposal was turned down Monday at city hall.
Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices