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As of 2019, Clayton Homes has 40 home building facilities and more than 350 retail outlets located across the United States. At these facilities, retail locations and distribution centers, the company employs 16,000 people. [63] Clayton Homes produces about 50,000 homes per year at its facilities, which is about half of the industry's total.
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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.
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010,… Reuters 2 months ago
Clayton, as regional trading center, remains economically healthy, with a locally based economy. It is currently home to a public school, several churches, and numerous businesses and homes. During recent years the Clayton High School has become recognized as an architecturally and historically significant building, and has been added to the NRHP.
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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]
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