NYSE, HOV - Hovnanian Enterprises Inc
We design, construct, market and sell single-family detached homes, attached
townhomes and condominiums, mid-rise and high-rise condominiums, urban infill
and active adult homes in planned residential developments and are one of the
nation's largest builders of residential homes. Founded in 1959 by Kevork
Hovnanian, Hovnanian Enterprises, Inc. was incorporated in New Jersey in 1967
and reincorporated in Delaware in 1983. Since the incorporation of our
predecessor company and including unconsolidated joint ventures, we have
delivered in excess of 269,000 homes, including 14,928 homes in fiscal 2007. The
Company consists of two distinct operations: homebuilding and financial
services. Our homebuilding operations consist of six segments: Northeast,
Mid-Atlantic, Midwest, Southeast, Southwest and West. Our financial services
operations provide mortgage loans and title services to the customers of our
homebuilding operations. ...
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