05
November
2024
FBR has now completed five of the homes in the ten home Demonstration Program, with the remaining homes for New Century USA (houses #6 and #7) to be completed shortly.
FBR signs PulteGroup for U.S. Demo Program
FBR has signed a Master Trade Contractor Agreement (MTCA) with PulteGroup, the third largest homebuilder in the United States.
PulteGroup (NYSE:PHM) is listed on the New York Stock Exchange, with a market capitalization of ~US$30bn and is the third largest homebuilder in the U.S. having built over 750,000 homes since inception, with operations in over 40 major U.S. cities.
FBR will complete at least one demonstration home for PulteGroup under the MTCA, and will provide an update on the remaining homes in the Demonstration Program once the work orders have been received and confirmed.
Read our Quarterly Activities Report in the Investor Centre.