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2006 BUILDER 100

The Mitchell Co.

2006 Rank
81
2005 Rank
61
CEO
John B. Saint
Address
P.O. Box 160306
Mobile, alabama 36616
Phone
251-380-2929
Web
www.mitchellcompany.com
Status
Private

Activity

Closings: 2006
965
Closings: 2005
1,421
Percent change
-32%
Revenue: 2006
$301 (in millions)
Revenue: 2005
$339 (in millions)
Percent change
-11%

What they built in the U.S.

Detached for sale
824
Attached for sale
42
Condos for sale
99
Other for sale
N/A
Product mix
Entry Level
Regions
South
Description
HAULTED NEW CONSTRUCTION, which helped company reduce inventory 30% despite offering no price cuts or special incentives … started 332 apartments, 260 for investors … expanded resort development, which makes up 10% of product mix, 60% was entry-level.
 

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