Pulte Group plans 2014 move

US homebuilder Pulte Group has announce plans to relocate its corporate offices to Atlanta, Georgia from its current location in Bloomfield Hills, Michigan, in 2014.

"We have historically managed our growth from Michigan, but the company has reached a point where we must pursue a strategy that better fits with the long-term growth trends for our company and industry. This relocation will bring us closer to our customers and a larger portion of our investment portfolio," said Richard J Dugas, Jr, chairman of Pulte Group.

"By announcing the decision a year in advance, we can work more closely with each employee and help facilitate an easier transition and more seamless relocation to a new facility," said James Ellinghausen, executive vice president, human resources.

"It is too early to determine how many employees will ultimately assume positions in Georgia, but for those individuals who do not relocate we will offer a very fair severance package and related outplacement services to help locate a new position in Michigan as the surrounding economy continues to improve."

The company's Michigan-based homebuilding operations will remain in Oakland County, Michigan.

PulteGroup employs 380 in the state of Michigan, of which 54 work in its local homebuilding operations and are unaffected by the move. When fully staffed, the company expects 300 to 350 employees at its corporate offices in Georgia.