Colony Homes Appoints Kenneth A. Corbitt to Division President, Colony Homes-Charlotte.Business/Photo Editors NOTE TO MEDIA: Multimedia assets available CHARLOTTE, N.C.--(BUSINESS WIRE)--Aug. 22, 2002 Colony Homes, L.L.C., one of the largest privately owned homebuilders in the Southeast, has announced its regional strategy for expanding its Charlotte, N,C.-based operations and has named Kenneth Alan Corbitt, formerly Operations Manager See datacenter manager. , as Division President of Colony Homes-Charlotte, to lead the company's efforts to become the #1 homebuilder in the Charlotte-Mecklenburg market and the surrounding counties. This announcement was made by Colony Homes Chief Executive Officer Ron Peiffer. Mr. Corbitt joined Colony Homes in 1989, serving initially as Estimator, then as Chief Estimator, Builder and most recently as Operations Manager for the Atlanta Division. He is assisted by a newly formed land development and management team, based in Charlotte, and headed by Pete Sullivan, as Land Development Manger, and John Chism, as Land Acquisition Manager. New Marketing Manager for Colony Homes-Charlotte is Sheila Duffey, formerly marketing manager for Colony Homes, Atlanta. With this team in place, Colony Homes-Charlotte is planning nine new communities by 2003 and a projected growth of 80% over its 2001 closings volume. Colony Homes' Charlotte Division closed 266 homes in 2001 and currently has seven active single-family communities under construction, including two in Union County (BearCreek and Arbor Glen), one in Cabarrus County (Haddington at Highland Creek Highland Creek is a river in Scarborough, Ontario, Canada. It is home to several species of fish including trout, carp, and bass. It empties into Lake Ontario south of Lawrence Avenue between Beechgrove Avenue and Port Union Road at the extreme eastern end of the Scarborough Bluffs. ), three in Mecklenburg County Mecklenburg County is the name of two counties in the United States:
As Ron Peiffer stated, "Within four years of entering the Charlotte marketplace, Colony Homes is already ranked #13 in the Charlotte area. Under Ken Corbitt's leadership, we expect to become an even stronger player, with new land positions in Charlotte and the surrounding counties, including Union, Cabarrus and Gaston." Ranked #38 in the nation, Colony Homes specialized in entry-level homes priced from the low $100,000s. The company closed 2,047 company-wide in 2001 and generated a gross volume of $259 million. Mr. Corbitt is a native of Montgomery, Alabama Montgomery is the capital and second most populous city of the U.S. state of Alabama and the county seat of Montgomery County. Montgomery is notable for its historic involvement during the Civil War, for being the first capital of the Confederacy, and for being a primary site in , and attended Auburn University in both Auburn and Montgomery, where he received his bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in construction and MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration , respectively. For additional information on Colony Homes, visit the company's website at www.colonyhomes.com. Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.082202/bb6 |
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