Ann: FBR Completes Home for PulteGroup in the U.S., page-43

Clawing your way to be 3rd biggest is because they are determined to be 1st . They will be looking at ways to have HX all to themselves imo . Exclusivity will definitely see them knock off the 2 top competitors, pick up their customer, as let’s face it HX is far superior to manual builds in Strength , speed , quantity. Durability! Exclusivity in exchange for all of Pultegroup groups work, Pulte bankrolls FBR with a loans to be paid back with interest , Pulte increase turnover, profits and takes out top dogs in a few years . FBR retain all control and own all Machines and keep all profits. FBR could not possibly keep up with 20,000 builds let alone all the extra that Pulte would pick up from their competitors. Win win . I would say PulteGroup competitors would be concerned if not already talking to FBR , the bidding has started ! All assumptions of costs and brainstorming, let’s see what comes out of all this positivity with Pulte. Until I see a solid partnership agreement I’m treating this as just another Big IF . Go FBR ! NFA DYOR