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Fleetwood became a public company in 1965, reporting annual sales of $18.5 million. [2] The company became part of the Fortune 500 in 1973, remaining there for nearly three decades. [3] By 1989, Fleetwood RVs sales reached the one billion dollar milestone; five years later, it hit the same milestone in its sales of manufactured homes. [3]
[15] [14] Each year from 1989 through 1992, Clayton Homes was named on the Forbes list of the best small companies in America. [16] Kevin Clayton, Jim Clayton's son, took over the company in 1999. [12] Kevin Clayton had joined Clayton Homes in the 1980s and held several leadership roles in the company and its subsidiaries before becoming CEO. [17]
They also had $92.3 million in manufactured home park loans at variable rates, typically 4% over prime. [5] [3] In 2018–2019, Legacy acquired five plots of land to develop into manufactured home communities, including 400 acres near Austin, Texas for $4.4 million in April 2018. [3]
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In 2005, Champion was the first manufacturer to build privatized modular housing for the military. [4] In 2010, Champion filed for bankruptcy and was acquired by an investor group led by Centerbridge Partners, MAK Capital Fund LP and Sankaty Advisors and company lenders led by Credit Suisse. [5] The company later recovered. [6]
Best Western then expanded to Mexico, Australia, and New Zealand in 1976. In 2002 Best Western International launched Best Western Premier in Europe and Asia. (The other hotels in the chain were known as Best Western.) In 2011, the chain's branding system-wide changed to a three-tiered system: Best Western, Best Western Plus, and Best Western ...
The GMC Motorhome is a recreational vehicle that was manufactured by the GMC Truck & Coach Division of General Motors for model years 1973–1978 in Pontiac, Michigan, USA — as the only complete motorhome built by a major auto/truck manufacturer. Manufactured in 23 and 26 ft (7.0 and 7.9 m) lengths, the design was noted for its front-wheel ...
The Cadillac Eldorado is a luxury car manufactured and marketed by Cadillac from 1952 until 2002 over twelve generations. The Eldorado was at or near the top of the Cadillac line. The original 1953 Eldorado convertible and the Eldorado Brougham models of 1957–1960 had distinct bodyshells [ 1 ] and were the most expensive models that Cadillac ...