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Tim Costello is currently Chairman and Chief Executive Officer of Builder Homesite, Inc., and New Home Technologies, LLC. Prior to BHI, Mr. Costello worked for Applied Materials as Vice President, Global Operations. Prior to this position, Mr. Costello served as the Vice President of Strategic & Technical programs for the World Wide Manufacturing Organization, Vice President of Production Engineering, Managing Director for the Common Module Manufacturing & Engineering (CMM&E) organization, and the Director of Engineering for the mainframe group in Austin, Texas. Prior to 1993 he held a variety of executive and management positions at General Motors Corporation covering a broad range from Strategic Planning to Engineering and Quality Management. In addition Mr. Costello has consulted internationally on the development & implementation of world-class manufacturing, engineering and quality systems.

Mr. Costello also serves on the boards of HelioVolt Corporation, a leader in the development on thin film photovoltaic technology; The Shingo Prize for Excellence in Manufacturing, considered the Nobel Prize for manufacturing; The Trust for Public Land of Texas; The Trust for Public Land National Marketing Council; and the Cornell University Engineering Advisory Council.

Mr. Costello received his BSME from Cornell University in 1981. He was also inducted into the Shingo Prize Manufacturing Academy in 2003.