Standard Pacific Homes is the nation's 12th largest homebuilder, based in Irvine, California

Irvine, California

Irvine is a suburban incorporated city in Orange County, California, United States. It is a planned city, mainly developed by the Irvine Company since the 1960s. Formally incorporated on December 28, 1971, the city has a population of 212,375 as of the 2010 census. However, the California...

 engaged in the development of single-family and multi-family homes. Standard Pacific has built homes for more than 113,000 families during its 46-year history. The Company constructs homes within a wide range of price and size targeting a broad range of homebuyers. Standard Pacific operates in many of the largest housing markets in the country with operations in major metropolitan areas in California, Florida, Arizona, the Carolinas, Texas, Colorado and Nevada.

History

The company now known as Standard Pacific Homes was incorporated in 1961 by Arthur Svendsen and Ronald Foell, and began construction of its first subdivision in 1965. Operations expanded to include Northern California in 1970, Texas in 1978, and Arizona in 1998. Since then the company has expanded into new markets primarily by acquiring established homebuilders in those areas.

Corporation

Shares of Standard Pacific Homes are traded on the New York Stock Exchange

New York Stock Exchange

The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

with the ticker symbol SPF. The chairman of the board of directors is Ronald R. Foell. Scott D. Stowell is Chief Operating Officer and John M. Stephens is Sr. Vice President and Chief Financial Officer.