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Construction of a prefabricated modular home (see also time-lapse video)Prefabricated homes, often referred to as prefab homes or simply prefabs, are specialist dwelling types of prefabricated building, which are manufactured off-site in advance, usually in standard sections that can be easily shipped and assembled.
Clayton Homes also owns retail brands Oakwood Homes, [57] TruValue Homes [58] and Luv Homes. [59] [60] In 2016, Clayton acquired G&I Homes, [61] a family-run company based in New York. [62] As of 2019, Clayton Homes has 40 home building facilities and more than 350 retail outlets located across the United States.
Pages in category "Buildings and structures under construction in Jordan" The following 2 pages are in this category, out of 2 total. This list may not reflect recent changes .
Modular homes are built to either local or state building codes as opposed to manufactured homes, which are also built in a factory but are governed by a federal building code. [22] The codes that govern the construction of modular homes are exactly the same codes that govern the construction of site-constructed homes.
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."
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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]
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]