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Legacy also directly sells homes through 13 retail stores and funds loans for their homes. Legacy Housing was founded in 2005 by Curtis Drew Hodgson (Chairman of the Board) and Kenneth E. Shipley (President and CEO) as Legacy Housing, Ltd. [ 2 ] It is traded on NASDAQ as LEGH, after an IPO on December 14, 2018.
[7] [8] LGI Homes initially built homes in its home state of Texas. [9] Their first project was a residential development in Conroe called Summerset Estates. [10] In 2009, LGI Homes received recognition for being the only builder in the United States to increase closing and revenue over the prior three years. [11]
Clayton Homes (or Clayton) is the largest builder of manufactured housing and modular homes in the United States. [1] [2] It is a wholly owned subsidiary of Warren Buffett's Berkshire Hathaway. [3] Clayton Homes' corporate headquarters are in Maryville, Tennessee. [4]
Champion Homes was founded in 1953 as a single manufacturing facility in the small town of Dryden in rural Michigan by Walter W. Clark and Henry E. George. [4]In 2005, Champion was the first manufacturer to build privatized modular housing for the military.
Tri Pointe Homes, Inc. is a home construction company headquartered in Incline Village, Nevada.It also offers financing and insurance services to homebuyers. It operates in Arizona, California, Nevada, Washington, Colorado, Texas, the District of Columbia, Maryland, North Carolina, South Carolina, and Virginia. [1]
Modular homes are built to either local or state building codes as opposed to manufactured homes, which are also built in a factory but are governed by a federal building code. [22] The codes that govern the construction of modular homes are exactly the same codes that govern the construction of site-constructed homes.
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