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Centex Homes Named 'Most Admired Big Builder'
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01/16/2005
DALLAS, -- Centex Homes has been named residential construction's "Most Admired Big Builder" and judged to have superior leadership, management, operational excellence and efficiency, according to a survey of its homebuilding peers. Centex Homes received these accolades in winning three APEX Awards from Hanley Wood, the leading business-to-business media company serving the housing and construction industry. <p> The awards, created by Hanley Wood and its Big Builder magazine, allow homebuilders across the nation to recognize others in their field who engage in exemplary corporate practices.<p> Andy Hannigan, chairman and chief executive officer of Centex Homes, said,"To have the respect of your peers, especially in a competitive industry such as ours, is especially gratifying. Since The APEX Awards are based on a nationwide survey of our industry, this is a testament to the exceptional efforts of our employees across the country."<p> The APEX Award winners were chosen using an electronic survey, sent out nationally via e-mail to readers of Big Builder and Builder magazines. A third party administered the survey. Any builder from the Hanley Wood 2002 "Builder 100" list of the nation's biggest builders was eligible to win.<p> In addition to the "Most Admired Big Builder" award for receiving the most overall points in the survey, Centex Homes received The APEX Awards for garnering the most votes for "best leadership and management" and "best operational excellence and efficiency."<p> Survey respondents placed Centex Homes second behind Habitat for Humanity International in the category for "best job delivering affordable housing." Centex Homes has a longtime relationship with the nonprofit organization, which is dedicated to eliminating poverty housing. Centex Homes is in the midst of a five-year, $5 million commitment to Habitat for Humanity to build the equivalent of 100 homes. The APEX Awards were distributed recently at the Big Builder '03 conference in Las Vegas.
About Centex Homes Dallas-based Centex Homes (http://www.centexhomes.com ) is one of the nation's leading homebuilders, operating in more than 90 U.S. markets in 26 states. Its brands include entry-level Fox & Jacobs Homes and on-your-lot builder Wayne Homes. Centex Homes expects to deliver more than 30,000 homes during its fiscal year ending March 31, 2004. The company is a subsidiary of Centex Corporation (NYSE: CTX), a Fortune 250 company. Centex Corporation (http://www.centex.com ), through its subsidiaries, ranks as one of the nation's largest non-bank-affiliated retail mortgage loan originators and generalbuilding contractors.
About Hanley Wood Hanley Wood (http://www.hanleywood.com ) is the leading business-to-business media company serving the housing and construction industry. Founded in 1976,Hanley Wood has 500 employees and over $160 million in annual revenue. Hanley Wood, LLC is owned by VS&A Communications Partners III, the private equity affiliate of media industry merchant bank Veronis Suhler. Hanley Wood publishes leading magazines in the housing and construction industry,including Big Builder, Builder, Remodeling and The Journal of Light Construction.
