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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]
James L. Clayton Sr. (born March 2, 1934) is an American businessman, investor, and philanthropist. He founded Clayton Homes in 1966 and built it into the United States' largest producer and seller of manufactured housing, a formerly publicly traded company that was sold to Berkshire Hathaway in 2003 for $1.7 billion.
This category is for mobile, modular, ar any other type of manufactured (prefab) home builders to be listed. ... Clayton Homes; E. E. F. Hodgson Company; Eaton's;
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.
The MHINCC distinguishes among several types of factory-built housing: manufactured homes, modular homes, panelized homes, pre-cut homes, and mobile homes. From the same source, mobile home "is the term used for manufactured homes produced prior to June 15, 1976, when the HUD Code went into effect."
The company was founded in 1978 by Donald R. Horton. [6] Horton took the company public in 1992, and as of 2020 owned about 6% of the company. [7] In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt. [8]
The MDC/Richmond American Homes Foundation was established in 1999 as a vehicle for charitable giving. [7] Since inception, millions of dollars have been donated to organizations across the United States and abroad. [8] The Foundation restructured in 2016 and is currently a supporting organization of Lion Global Foundation. [7]
The company was formed in 1980 as NVHomes, Inc. (formerly North Virginia Homes Inc.) by Dwight Schar. [1] In 1986, the company acquired Ryan Homes, founded in 1948 in Pittsburgh, Pennsylvania, to provide housing in the expanding post-war economy. [5] In April 1992, as a result of the early 1990s recession, the company filed bankruptcy. [6]