Forestar Group Inc.
A residential lot development company based in Arlington, Texas, Forestar buys raw land, gets it zoned and approved, and builds the roads and utilities that turn it into finished lots sold to homebuilders. The business traces back to 1954 as the Lumbermen's Investment Corporation, and its "Forestar" name is a portmanteau of "forest" and "star," a nod to its timberland roots before it spun off from Temple-Inland in 2007. Today it is majority-owned by D.R. Horton, the nation's largest homebuilder.