The homebuilder PulteGroup, Inc. (NYSE: PHM) is expanding its Ohio presence with plans to enter the Cincinnati market.
Initial efforts in the Cincinnati market will be led by Scott Mairn, division president of PulteGroup’s Indianapolis-Louisville Division. The company will look to develop communities across its portfolio of brands to serve first-time, move-up and active-adult homebuyers in the Cincinnati area.
PulteGroup already has an Ohio presence in the Cleveland and Columbus markets.
“This strategic expansion into the growing Cincinnati area is a natural next step, having built market-leading businesses in other parts of the state,” said Tony Barbee, PulteGroup’s North Area president. “This expansion aligns with our goals of serving high demand, growing communities where our quality homes and customer focus can create long-term value for both residents and shareholders. Cincinnati’s strong economy, diverse employment base and quality of life make it an attractive market for homebuyers. We’re excited to establish our presence here and look forward to becoming a trusted homebuilder in this vibrant community.”
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