PulteGroup is packing up and breaking new ground outside of Michigan according to a report from "The Wall Street Journal".

The homebuilding company is moving its headquarters from Bloomfield Hills south to Atlanta.

300 employees are expected to make the move.

It's a big hit to the Metro area.

PulteGroup is one of the nation's largest homebuilders and one of Metro Detroit's largest companies.

It has operations in 60 metropolitan area markets in 28 states.

One big question this morning is why the move?

The company has been in the area for 60 years.

No reason has been given for the move out of Michigan.