Albuquerque Journal (Albuquerque, NM)

Sivage Thomas in Sales Negotiations.(Final)

Byline: Richard Metcalf Assistant Business Editor

Builder Talking To Michigan Firm

Michigan-based and publicly traded Pulte Homes Inc. is negotiating to buy locally owned Sivage Thomas Homes, one of the Albuquerque metro area's top builders.

Pulte, a Fortune 500 company that trades on the New York Stock Exchange, has operations in more than 40 U.S. markets, including major cities in Arizona, Colorado and Texas.

Sivage Thomas, which traces its roots to the 1960s in Alamogordo, has been a top housing builder in the metro area for 15 years. In 2002, the company ranked fourth among all metro builders, with 479 houses, according to the Home Builders Association of Central New Mexico. …

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