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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]
Clayton Homes. Susan V. Clayton Homes [1] was a public housing unit in the Second Ward area of the East End district of Houston. [2] Operated by the Houston Housing Authority (HHA), formerly the Housing Authority of the City of Houston (HACH), it was along Runnels Street, along the Buffalo Bayou and east of Downtown Houston.
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.
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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 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]
Clayton Homes is the United States' largest manufacturer of manufactured housing (one claim for notability) and a part of Warren Buffett's Berkshire Hathaway conglomerate. According to its website, it is a vertically integrated manufactured housing company with 41 manufacturing plants and 448 company-owned retail outlets.