Results for: PulteGroup

Adept Materials, a startup focused on advanced building materials, has closed a $4 million seed funding round led by D.R. Horton and PulteGroup. This investment will support the commercial launch of Adept’s first product, an advanced interior wall paint and primer system, and the development of a directional water-resistive barrier product. The funding will also enable Adept to refine and launch its first product — an advanced paint and primer system that incorporates the company’s proprietary moisture control technology.

PulteGroup CEO Ryan Marshall recently appeared on ‘Money Movers’ to discuss the company’s pricing strategy, moderations in traffic, and the impact of stickier inflation on costs. Marshall explained that PulteGroup is taking a thoughtful approach to pricing, considering supply chain constraints and rising costs. He also noted that traffic has moderated somewhat but remains elevated, and that stickier inflation is hitting the company’s costs.