- D.R. Horton is taking over Breland Homes, which builds homes, commercial, office and retail in Alabama and along the Mississippi coast.
- The acquisition brings Horton 320 houses that Breland has in inventory, 1,020 finished lots and control of 3,700 more lots through option contracts that Breland holds.
- As of June 30, Horton tops the home-building industry in the U.S. as measured by closings. It had 18,302 closings in the preceding year.
From the article:
Fort Worth, Texas-based home builder D.R. Horton ... acquired the home building operations of Breland Homes, which operates in Alabama and along the gulf coast of Mississippi. ...