Technical Olympic USA Inc
Technical Olympic USA Inc is listed on NYSE (TOA). We design, build and market high quality detached single-family residences, town homes, and condominiums. We operate in markets characterized by strong population and income growth. Currently we conduct homebuilding operations in 15 metropolitan markets, located in four major geographic regions: Florida, the Mid-Atlantic, Texas, and the West. For the year ended December 31, 2004, we delivered 7,221 homes, with an average sales price of $275,000, and generated approximately $2.1 billion in homebuilding revenues and $119.6 million in net income. Our unconsolidated joint ventures delivered an additional 116 homes, with an average sales price of $299,000. At December 31, 2004, our homebuilding operations had a backlog of 5,094 homes under contract, representing $1.6 billion in expected revenues, and our unconsolidated joint ventures had a backlog of 669 homes under contract.
Technip
Technip is listed on NYSE (TKP). Item 4. Information on Technip Overview of Our Business We are a leading worldwide provider of engineering, technologies and construction services for the oil, gas and petrochemical industries. In 2004, we believe we were among the world’s top five full-service engineering and construction groups in the field of oil and gas (hydrocarbons) and petrochemicals based on our annual net sales of €5.14 billion (source: Engineering News Records, August 2004). Our core business activity is in the hydrocarbon-petrochemical industry and covers offshore and onshore field development, gas processing and liquefaction, refining, onshore pipelines and petrochemicals. We are one of the most highly integrated groups providing engineering, technologies and construction services to the hydrocarbon-petrochemical industry worldwide, and, backed by extensive industrial assets, we are particularly well positioned in the offshore-deepwater area.
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