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Drees Homes company history timeline

1928

The Drees story begins in 1928 with the professional struggles of a German immigrant who crossed the Atlantic with visions of a better life.

In 1928 he founded The Drees Co., a home-building company.

1933

Drees Co. was founded in 1933 by Louie & Theresa Drees.

1958

In 1958, The Drees Co. became a partnership between Theodore and his two sons, Richard and Ralph.

1959

Drees' durability can be attributed largely to Theodore's son, Ralph, who joined the business in 1959 after serving in the Army.

1967

In 1967 his brother Richard left the partnership, and Ralph acquired 100 percent of the company.

1968

Howard G. Drees, Douglas Drees and Kenneth Kammin then purchased Drees Co. in 1968.

His father retired in 1968, and the company incorporated as The Drees Builders and Developers Inc.

1970

In 1970 Gerhard Drees and Volker Kuhne founded an engineering firm specializing in critical path analysis, production planning, company organization, and construction consulting.

1972

After at first focusing on building single-family homes, the firm started an Investment Properties Division in 1972, later renamed the Commercial Division.

1973

In 1973 the firm began its first geographic expansion, seeking work in Cincinnati.

Hans Sommer became a Partner in 1973.

1975

In 1975 the company changed its name to simply The Drees Company, Inc.

1982

Housing starts declined dismally in the Cincinnati area, dropping as much as 70 percent for 1982.

1984

The company began building homes there in 1984.

1984:Drees expands into Dallas market.

1987

When that proved difficult at first, the company instead chose Atlanta, beginning work there in 1987.

1990

Drees was in the top 100 builders by sales by 1990, ranking 71st that year.

1993

Representing the third generation, Howard J. Drees bought the company in 1993.

1997

In 1997, which proved a record year for the firm, sales topped $300 million, a 20 percent increase over the previous year.

1998

Drees brought in about $400 million in 1998, again almost a 20 percent increase over the year before.

1999

By 1999, Drees ranked as the 40th largest builder in the United States, according to statistics compiled by Professional Builder, an industry journal.

Drees estimated that its total sales would go up considerably after it swallowed Zaring, hoping to increase from around $515 million in 2000 to about $800 million in coming years. Its sales for 1999 were slightly more than $314 million.

2000

While the values of excellence and integrity continue to serve our company well, David Drees, our President and CEO since 2000, has also integrated 21st-century technology and the efficiencies it provides.

Total sales in 2000 were at $515 million.

2010

The company celebrated its 40th anniversary in 2010.

2022

© 2022 The Drees Company.

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Founded
1928
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Headquarters
Fort Mitchell, KY
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Zippia gives an in-depth look into the details of Drees Homes, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Drees Homes. The employee data is based on information from people who have self-reported their past or current employments at Drees Homes. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Drees Homes. The data presented on this page does not represent the view of Drees Homes and its employees or that of Zippia.

Drees Homes may also be known as or be related to Drees, Drees Co, Drees Homes and The Drees Co.