Date: Fri, 21 Nov 1997 02:43:06 GMT Server: Apache/1.0.3 Content-type: text/html Content-length: 6366 Last-modified: Mon, 25 Aug 1997 18:33:19 GMT
Mission Statement
We believe in the individual' s inherent right to quality lifestyle choices.
We develop, sell and finance living and leisure environments at affordable prices.
We practice the highest standards of excellence in land use, product design and service.
We are committed to customer satisfaction, to a challenging and rewarding workplace and to consistently achieving above average earnings for our shareholders.
Company Information
"Our company is focused
on satisfying the American desire to enrich its precious leisure time."
- George F. Donovan, President and CEO.
Thirty
years ago in a small New England town, the founders of Bluegreen (formerly
known as Patten Corporation until February 1996) discovered a dynamic market
virtually untouched. There were people in the rural areas who wanted and
needed to sell their land, and there were people in the urban areas who
had an intense desire to own country land. So in 1966, the company was
started, and it brought these two markets together with a formula which
has proven very successful.
The company continued to grow rapidly into the next decade as it expanded into other regions of the country. Bluegreen (as Patten Corporation) went public in 1986 by issuing shares of common stock and was listed on the New York Stock Exchange. George F. Donovan joined the Bluegreen (Patten Corporation) board of directors in 1991. Three years later, he became the president and chief executive officer.
When the board of directors sought to cope with a recessionary economy and to diversify beyond its traditional activities, Donovan helped shape the firm's five-year strategic plan. As the former president of Fairfield Communities, Inc., which grew into a major timeshare developer during his tenure, Donovan directed the search for the location of Bluegreen' s first timeshare resort. In 1994, MountainLoft Resort, located in Gatlinburg, Tennessee, was introduced, which helped position the company for development of a new product line.
Today, Bluegreen Corporation has offices in 21 states, three timeshare resorts and approximately 500 employees nationwide.
The expansion of the company's core land business plus the addition of the new business line in vacation ownership has greatly increased the company' s revenue base.
Bluegreen trades under the New York Stock Exchange as BXG. For investment opportunities, please E-mail us, and we will send you a packet of information.
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Questions, comments, or suggestions: E-mail property@bluegreen-corp.com