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Les Nouveaux Constructeurs Group

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February 15, 2001 | Jennifer Oldham
Forecast Group said it has signed a joint-venture agreement with French builder Les Nouveaux Constructeurs Group to build high-end homes in the Western United States. The agreement allows Rancho Cucamonga-based Forecast, which builds mostly entry-level homes, to add luxury home-building assets to its portfolio. Together, the companies expect to see revenue of about $525 million in 2001 and complete construction of about 2,200 homes in 35 projects in California and Arizona.
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BUSINESS
February 15, 2001 | Jennifer Oldham
Forecast Group said it has signed a joint-venture agreement with French builder Les Nouveaux Constructeurs Group to build high-end homes in the Western United States. The agreement allows Rancho Cucamonga-based Forecast, which builds mostly entry-level homes, to add luxury home-building assets to its portfolio. Together, the companies expect to see revenue of about $525 million in 2001 and complete construction of about 2,200 homes in 35 projects in California and Arizona.
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