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MAXXAM Inc. · Houston, TX United States ·(NYSE Alternext: MXM)

Company Description

1330 Post Oak Blvd. Ste. 2000
Houston, TX
77056
United States (Map)
Phone: 713-975-7600
Fax: 713-267-3701
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    MAXXAM has minimized its holdings and now focuses its business on real estate and horse and dog racing. The company's real estate interests include commercial and residential properties in Arizona, California, Texas, and Puerto Rico, as well as Motel 6 locations in about 10 states. MAXXAM also owns the Sam Houston Race Park horseracing track in Houston and a greyhound dog racing track in Harlingen, Texas. The company exited the timber business in 2008 when its former subsidiary, Humboldt Redwood (formerly Pacific Lumber Company), was taken over by Mendocino Redwood Company. Pacific Lumber Company had filed for bankruptcy a year earlier. Chairman and CEO Charles Hurwitz controls more than 80% of MAXXAM. To read the full description, subscribe now.
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    Key MAXXAM Inc. Financials

    Company TypePublic - NYSE Alternext: MXM

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$83.6
    2008 Employees175

    MAXXAM Inc. Executives

    9 executives listed for MAXXAM Inc.'s Houston, TX location.
    TitleName & BioContact
    Chairman, President, and CEOCharles HurwitzNetwork
    Co-Vice Chairman and President; President and CEO, MAXXAM Property CompanyShawn HurwitzNetwork
    Co-Vice ChairmanJ. Kent FriedmanNetwork

    Competition

    Competitive Landscape for MAXXAM Inc.
    Demand for new housing depends on population growth and is linked to low interest rates. Large builders have some advantages in purchasing and marketing, but building methods are essentially the same for large or small builders. While larger builders have efficiencies because they can repeatedly build the same home models, they generally develop projects on large pieces of land. Small builders, therefore, build most homes in dense urban markets where little land is available. To read the full description, subscribe now.
    Top MAXXAM Inc. Competitors
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