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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.
A real estate project of Les Wexner, the founder, chairman and CEO of nearby Limited Brands, Easton comprises 1.8 million square feet (170,000 m 2) of retail space built upon approximately 90 acres (360,000 m 2) within a larger 1,300-acre (5 km 2) development. The 1,300-acre (5,300,000 m 2) retail development was designed by M+A Architects.
Highpoint on Columbus Commons is a $50 million mixed-use development project in Columbus, Ohio consisting of both multi-family and retail space. Highpoint includes 301 apartments and townhomes, built with approximately 23,000 square feet of street-level retail fronting on High Street, the main north–south thoroughfare through Columbus, Ohio.
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However, seven of those locations were closed by the end of the 1950s, accompanied by large layoffs. In 1962, Warren Buffett began buying Berkshire Hathaway stock for his investment fund , Buffett Partnership Ltd., at $7.50 per share, anticipating that as the company liquidated textile mills there would come a tender offer when he could sell ...
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.
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