Award Winning Builder
Toll Brothers has been honored as Builder of the Year by BUILDER magazine, the leading media brand in residential construction. This prestigious award was given in recognition of Toll Brothers' excellence in successful business strategy, its achievements, and its corporate leadership.
Toll Brothers was also recently named Builder of the Year by Professional Builder magazine – the other major publishing resource in the home building industry – and is the first builder to win this honor twice.
Thanks go out to all Toll Brothers associates nationwide – these esteemed awards are testament to your dedication and professionalism.
In addition to being named Builder of the Year, Toll Brothers has won two other coveted awards in the home building industry: America's Best Builder and the National Housing Quality Award. We were also ranked #1 in 2011 and 2010 in Financial Soundness, Long-Term Investment, and Quality of Products/Services in FORTUNE magazine's annual World's Most Admired Companies survey in the home building category.*
Builder Magazine, in defining the qualities of America's Best Builder, stated: "Excellence has a consistent nature. Certainly there are exceptional talents, but for the most part, excellence evolves from doing the right things, very well, over and over… [America's Best Builders] share the best business practices in the industry. By adhering to these practices and honing them continually, these builders have built strong market positions, motivated employees and bulletproof balance sheets." In choosing Toll Brothers . as America's Best Builder in the large builder category, the judging committee cited the Company's unique system of "personalized production" luxury home building, excellent financial performance, and the quality of its designs as among the major reasons for its selection.
Co-sponsored by Reed Business Information, publishers of Professional Builder and Professional Remodeler magazines, the National Housing Quality Award is patterned after the prestigious Malcolm Baldrige Award, which recognizes companies for outstanding commitment to total quality management and continuous improvement. Toll Brothers was honored for outstanding leadership, customer satisfaction and quality building.
Sponsored by Professional Builder Magazine, the National Builder of the Year award recognizes outstanding achievements and leadership in the home building industry.
Robert I. Toll, Executive Chairman of the Board, stated, "We are honored to have received these awards – the highest in our industry – which are a tribute to the diligence and determination of our employees. We have achieved the industry's highest standards of quality, while at the same time, expanding and diversifying nationally."
"The complete satisfaction of our homeowners is our highest priority," states Doug Yearley, Chief Executive Officer. "By offering them the ability to personalize their homes by choosing from hundreds of options, we can truly provide them with the home of their dreams. Managing the complex process of personalization and also maintaining consistently high quality requires an excellent management team. This award is recognition of the great work of our entire organization."
*From the March 2011 and March 2010 issues of FORTUNE magazine.