CP Morgan

CP Morgan

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cleanup = November 2007
COI = November 2007

CP Morgan is a family-owned homebuilding company, based in the United States. Founded in 1983, its headquarters is in Indianapolis, Indiana, with additional offices in Charlotte, North Carolina and Kernersville, North Carolina.

CP Morgan offers homes that range from 1,000 to 5,000 square feet, with starting prices of $95,000 - $260,000. The company focuses primarily on single-family homes for first time and first time move-up homebuyers.

CP Morgan has been recognized as a winner of the [http://www.nahb.org/news_details.aspx?newsID=4065 National Award for Innovation in Workforce Housing] , and the [http://www.nahbrc.org/news/pressreleases/rc_20050919.aspx National Housing Quality Silver Award] in homebuilding from the National Association of Home Builders. [http://www.builderonline.com/content/builder100/builder100.asp?year=2006&sectionID Builder 100 Survey] listed CP Morgan as the 27th largest homebuilder in the United States.

History

The company was founded by Charles P. Morgan in Indianapolis, Indiana in 1983. The company has built more than 24,000 homes in over 150 communities.

The company uses the Rayco Model, which uses centralized management systems and buyer-driven concepts to streamline the home building process. [http://findarticles.com/p/articles/mi_hb3374/is_200304/ai_n8109186 "Morgan follows 'Rayco model' to market lead."] from Professional Builder article.

In 2004, the company expanded to Charlotte, North Carolina, and in May 2007, CP Morgan continued their expansion by moving into the Piedmont Triad of North Carolina.

Divisions

*Indiana- Indianapolis, Lafayette
*North Carolina- Charlotte, Piedmont Triad

External links

* [http://www.cpmorgan.com Company website]
* [http://www.cpmhomes.com Homeowner website]

References

* [http://www.nahb.org/news_details.aspx?newsID=4065 National Award for Innovation in Workforce Housing]
* [http://www.nahbrc.org/news/pressreleases/rc_20050919.aspx National Housing Quality Silver Award]
* [http://www.builderonline.com/content/builder100/builder100.asp?year=2006&sectionID Builder 100 Survey]
* [http://www.piedmonttriadnc.com/RecentNews/CPMorgan.pdf Winston-Salem Business]
* [http://www.housingzone.com/probuilder/article/CA463397.html Morgan Follows 'Rayco Model' to Market Lead]
* [http://infoweb.newsbank.com/iw-search/we/InfoWeb?p_action=doc&p_docid=1177A9FDC6348810&p_docnum=1&p_queryname=2&p_product=NewsBank&p_theme=aggregated4&p_nbid=J54L5AFNMTE5Njk3OTE1MC4yMTE0NTE6MToxMjoxNTIuMzMuNDguMTU Kernersville Journal]
* [http://triad.bizjournals.com/triad/stories/2007/08/27/story2.html The Business Journal]


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