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Wikipedia

Clayton Homes

February 15, 2024

For the public housing complex in Houston, see Clayton Homes (Houston).

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
Company typeSubsidiary
IndustryConstruction
Manufacturing
Financial services
Founded1956; 68 years ago (1956)
FounderJim Clayton
Headquarters5000 Clayton Road,
Maryville, Tennessee
,
United States
Area served
United States
Key people
Kevin T. Clayton
(President & CEO)
ProductsManufactured homes
ParentBerkshire Hathaway
Websitewww.claytonhomes.com

Clayton Homes' corporate headquarters are in Maryville, Tennessee.[4] Its subsidiaries include Clayton Home Building Group,[5] Clayton Properties Group,[6] Vanderbilt Mortgage, 21st Mortgage,[7] and insurance company HomeFirst Agency.[8]

History edit

Clayton Homes was founded in 1956 by Jim Clayton.[9][10] The business began by refurbishing and reselling used mobile homes.[11][12] In 1966, Jim Clayton opened a Clayton Homes store location in Knoxville, Tennessee, on Clinton Highway.[13] Clayton Homes established its own mortgage company in 1974 and added a manufacturing division in 1975.[14] The company went public in 1983, trading on the New York Stock Exchange.[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]

In 2002, Clayton Homes earned a revenue of $1.2 billion.[18] It was acquired by Berkshire Hathaway in 2003 for $1.7 billion.[12][19][18] Cerberus Capital Management also expressed interest in bidding for the company.[20][21] The certificate of merger was filed in Delaware, and Clayton Homes stock was removed from the New York Stock Exchange.[22][23] In 2007, Clayton Homes' revenue was $3.66 billion.[24] Clayton Homes sold its land-lease communities business to Denver-based Yes Companies LLC in 2008. The deal involved 65 properties in 11 states.[25][26] The i-house brand was introduced in May 2008 as a green, energy efficient home.[1][27] By 2009, Clayton Homes had sold over 1.5 million homes.[1][2] In 2009, Clayton Homes launched the eHome as a more affordable version of the i-house.[28]

Clayton Homes was involved in a lawsuit in 2011 with FEMA after providing portable classrooms as part of Hurricane Katrina relief which were found to contain formaldehyde. Afterwards, one of 12 prefabricated shelters provided to Haiti through the Clinton Foundation after the 2010 earthquake was found to have a formaldehyde level of 250 ppb, "a very high level" according to a scientist specializing in indoor pollutants at Lawrence Berkeley National Laboratory.[29]

A news story in 2015 claimed that Clayton Homes unfairly targets and exploits minority home buyers.[30] Clayton Homes was further criticized for its alleged use of corrupt business practices. The company has denied discriminating against its customers or its workers.[7][31][32] Warren Buffett, the CEO of Berkshire Hathaway, defended Clayton against predatory lending claims in an interview saying: "We have 300,000 loans on the books and in the last 3 years I've not received one letter of complaint from anybody."[33][34]

In 2015, Clayton Homes worked with Oak Ridge National Laboratory and the architectural firm Skidmore, Owings & Merrill to produce a 3D printed house and car which share a single energy unit.[35][36] Clayton Homes expanded into the traditional home building market with the acquisition of Georgia-based homebuilder Chafin Communities in 2015,[37] and Tennessee-based Goodall Homes in 2016.[38][39] Clayton Homes acquired River Birch Homes, based in Hackleburg, Alabama, in April 2016. The following month, Clayton Homes hosted its first Birmingham-based home show. The show had 492 attendees and featured 27 homes from 27 facilities.[40] That same month, Clayton Homes announced that it would partner with nonprofit Next Step to build a modular duplex in Waco, Texas on a lot owned by NeighborWorks Waco in order to create affordable housing in the Greater Waco area.[41]

In 2016, Clayton Homes was recognized as number 292 on Forbes' list of America's Best Employers.[42] The company introduced a line of tiny homes during fall 2016 with the debut of its "Low Country" prototype in North Carolina.[43] The designer series received media acclaim from USA Today, The Post and Courier, among others.[44][45]

On July 10, 2017, Clayton Properties Group announced the purchase of home building operator Harris Doyle Homes, which is based in Birmingham, Alabama.[46] Known for its manufactured housing, Clayton Homes is expanding into the site-built, $250,000-and-under housing market, as reported in July 2017. Since October 2015, Clayton Homes has acquired homebuilders in Atlanta, Nashville, Kansas City, Denver, and Birmingham.[47] In 2019, Clayton Homes also worked with Colorado-based advertising agency Made to create the "Prefabulous" series to promote its manufactured housing and attempt to fight the view that off-site built homes are "low-end and one-size-fits-all".[48][49] As of 2021, Clayton Properties Group, a subsidiary of Clayton Homes, is ranked number eight in size on Builder Magazine’s Top 100 list of home builders in the US with a gross revenue of  $2.98 billion.[50]

Operations edit

Clayton Homes produces homes under the brand names of Buccaneer Homes,[51] Cavalier Homes, Clayton Homes, Crest Homes,[52] Giles Industries,[53] Golden West Homes,[54] Karsten Company,[55] Marlette Homes,[56] Norris Homes, Schult Homes, and Southern Energy Homes. 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. 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. The off-site built home is then transported to its final location in sections to be assembled on a foundation.[64] Clayton Homes has taken a number of sustainability measures at it facilities including preventing 200 short tons (180 tonnes) of waste from going to a landfill from its facility in Bean Station, Tennessee, in 2020 by recycling metal, cardboard, wire, and plastic. The Bean Station facility also saved 40,000 U.S. gallons (150,000 L) of water annually – a 50% reduction – through implementation of water conservation upgrades.[65]

Philanthropy edit

In 2015, Clayton Homes released the Patriot home model and partnered with the Hope for the Warriors veterans assistance group. Clayton Home Building Group gave a check for $33,600 to the organization in January.[66][67] Hope For The Warriors works with veterans from all branches of the military as well as post 9/11 active duty, National Guard, and reserve service members.[68][69] In May 2016, Clayton presented a $100,000 check to the organization.[70]

In 2019, Clayton Home Building Group became a founding sponsor of the Warrior's Compass Suite program by Hope for the Warriors to help veterans transition from US military service to civilian employment. Clayton Home Building Group committed to donating $300,000 to support the program.[71]

Clayton Homes also partners with Family Promise to donate several homes per year to families who have experienced homelessness.[72] In 2021, Clayton Homes donated $450,000 and 3 off-site built homes to be used to prevent family homelessness.[73]

References edit

  1. ^ a b c Schwartz, Ariel (May 4, 2009). "Clayton Homes' i-house Combines Energy Efficiency and Modular Affordability". Fast Company. Retrieved June 3, 2016.
  2. ^ a b Koch, Wendy (December 9, 2009). "Clayton Homes joins prefab green building boom with $45,000 eHome". USA Today. Retrieved June 7, 2016.
  3. ^ Sorkin, Andrew Ross (July 31, 2003). "Buffett Wins Battle to Buy Clayton Homes". The New York Times. Retrieved June 3, 2016.
  4. ^ "#292 Clayton Homes". Forbes. Retrieved June 3, 2016.
  5. ^ Fisher, Kelly (April 24, 2019). "East Tennessee home-building company to invest $14 million in Sumner location, establish more than 100 jobs". The Tennessean. Retrieved August 14, 2021.
  6. ^ Harshberger, Caleb (June 4, 2020). "Warren Buffett's homebuilding unit buys hundreds of acres in Durham". Business Journals. Retrieved August 14, 2021.
  7. ^ a b Muhammad, Dedrick (January 22, 2016). "Call for Federal Investigation Into Report of Racially Discriminatory Predatory Lending". Huffington Post. Retrieved June 3, 2016.
  8. ^ Prevost, Lisa (October 16, 2014). "Financing Manufactured Homes". The New York Times. ISSN 0362-4331. Retrieved July 11, 2017.
  9. ^ Williams, Chambers (April 11, 2016). "Clayton Homes buys Alabama manufactured-housing company". Knoxville News Sentinel. from the original on April 14, 2016. Retrieved June 7, 2016.
  10. ^ "Warren Buffett praises East Tennessee entrepreneurs behind two of his businesses". Chattanooga Times Free Press. March 1, 2021. from the original on March 2, 2021. Retrieved August 14, 2021.
  11. ^ Wood, Tom (April 9, 2021). "Knoxville partners race in to bolster Music City Grand Prix". The Nashville Ledger. from the original on April 8, 2021. Retrieved August 14, 2021.
  12. ^ a b c Reingold, Jennifer (January 1, 2004). "The Ballad of Clayton Homes". Fast Company. from the original on September 18, 2012. Retrieved June 7, 2016.
  13. ^ Gaines, Jim (February 27, 2017). "Buffett: Clayton Homes to keep growing". Knoxville News Sentinel. from the original on November 30, 2020. Retrieved August 14, 2021.
  14. ^ a b Mansfield, Duncan (February 15, 1991). "Trailer park 'king' makes big business after humble beginnings in Tennessee". Kentucky New Era.
  15. ^ "Small Company Initial Public Offerings: June 1983". Inc. Retrieved June 7, 2016.
  16. ^ Cunningham, Lawrence A. (December 24, 2014). "Ocwen Would Do Well to Follow the Lessons of Berkshire's Clayton Homes". The New York Times. Retrieved June 7, 2016.
  17. ^ McManus, John (May 13, 2019). "Clayton Homes Earns 2019 Builder of the Year Award". Builder Magazine. from the original on July 16, 2019. Retrieved August 14, 2021.
  18. ^ a b "Berkshire Hathaway Agrees To Acquire Clayton Homes". Wall Street Journal. April 2, 2003. Retrieved June 7, 2016.
  19. ^ Sorkin, Andrew Ross (July 31, 2003). "Buffett Wins Battle to Buy Clayton Homes". The New York Times. Retrieved June 7, 2016.
  20. ^ "Belated suitor woos Clayton Homes". USA Today. July 11, 2003. Retrieved September 4, 2016.
  21. ^ Sorkin, Andrew Ross (July 31, 2003). "Buffett Wins Battle to Buy Clayton Homes". The New York Times. Retrieved September 4, 2016.
  22. ^ Nolen, Amy (August 27, 2003). . The Knoxville News Sentinel. Archived from the original on October 8, 2016. Retrieved September 4, 2016.
  23. ^ Nolen, Amy (August 8, 2003). . Knight Ridder Tribune. Archived from the original on October 8, 2016. Retrieved September 4, 2016.
  24. ^ Nolan, Amy (March 17, 2008). "Buffett gives Clayton Homes a high five". Orlando News Setinel. Retrieved September 4, 2016.
  25. ^ Silence, Michael (February 26, 2008). "Clayton completes sale of housing communities". Knoxville News Sentinel. Retrieved June 7, 2016.
  26. ^ Caulfield, John (March 7, 2008). "Clayton Homes to Focus on Subdivision Development". Builder Online. Retrieved June 7, 2016.
  27. ^ Reynolds, Glenn (January 15, 2009). "Clayton's I-House: Prefab Green Homes Get Affordable". Popular Mechanics. from the original on May 27, 2010. Retrieved January 5, 2013.
  28. ^ Koch, Wendy (December 9, 2009). "Clayton Homes joins prefab green building boom with $45,000 eHome". USA Today. Retrieved September 4, 2016.
  29. ^ Macdonald, Isabel; Doucet, Isabeau (July 11, 2011). "The Shelters That Clinton Built". ISSN 0027-8378. Retrieved August 14, 2021.
  30. ^ Wagner, Daniel; Baker, Mike (April 3, 2015). "Warren Buffett's mobile home empire preys on the poor". Center for Public Integrity. from the original on December 15, 2019. Retrieved August 14, 2021.
  31. ^ Stempel, Jonathan (February 27, 2016). "Buffett defends Clayton Homes after critics fault its lending". Reuters. Retrieved June 7, 2016.
  32. ^ "Buffett Defends 3G and Clayton Homes as Berkshire Profit Grows". Fortune. February 27, 2016. Retrieved June 7, 2016.
  33. ^ David, Javier E. (May 2, 2015). "Warren Buffett defends Clayton Homes against claims of predatory lending". CNBC. Retrieved June 7, 2016.
  34. ^ Das, Anupreeta (May 2, 2015). "Warren Buffett Defends Clayton Homes". Wall Street Journal. ISSN 0099-9660. Retrieved August 14, 2021.
  35. ^ Krassenstein, Brian (August 2015). "ORNL & Clayton Homes are 3D printing a home & car that share energy with one another". 3D Print. Retrieved June 7, 2016.
  36. ^ "ORNL unveils integrated 3D printed house and car that produce and share clean energy". 3Ders. September 23, 2015. Retrieved June 7, 2016.
  37. ^ Hudson, Phil W. (November 2, 2015). "Buffett-owned company buys Georgia homebuilder for $50 million". Atlanta Business Chronicle. Retrieved June 7, 2016.
  38. ^ McManus, John (May 2, 2016). "Home Building Investment, Buffett-Style". Builder Online. Retrieved June 7, 2016.
  39. ^ Ward, Getahn (April 29, 2016). "Warren Buffett's company buys Gallatin's Goodall Homes". The Tennessean. Retrieved June 7, 2016.
  40. ^ Marcum, Ed (June 1, 2016). "Clayton Homes marks 60 years, new directions". Knoxville News Sentinel. Retrieved September 4, 2016.
  41. ^ Copeland, Mike (April 18, 2016). "Clayton Homes, NeighborWorks Waco join forces for affordable housing". Waco Tribune. Retrieved September 4, 2016.
  42. ^ Dill, Kathryn. "#292 Clayton Homes". Forbes. Retrieved September 4, 2016.
  43. ^ "Clayton home building group unveils tiny home designer series". Retrieved September 22, 2016.
  44. ^ "Home building group unveils tiny home designer series". USA Today. Retrieved September 22, 2016.
  45. ^ "Clayton Homes takes a turn from manufactured housing to introduce its own line of 'tiny homes,' including a model with Charleston ties". September 12, 2016. Retrieved September 22, 2016.
  46. ^ "Alabama Shakes: Clayton Buys Birmingham's Harris Doyle Homes". Builder. July 10, 2017. Retrieved July 11, 2017.
  47. ^ Jordon, Steve (August 2, 2017). "Berkshire's Clayton Homes division expanding into $250,000-and-under housing market". Omaha World-Herald. Retrieved September 30, 2021.
  48. ^ Stanley, T. L. (February 13, 2019). "Can a Prefab Home Actually Be Stylish? This Upbeat Ad Hopes to Make the Case". Ad Week. from the original on February 14, 2019. Retrieved September 30, 2021.
  49. ^ "Clayton Homes: Prefabulous by Made". The Drum. February 2019. from the original on February 21, 2019. Retrieved September 30, 2021.
  50. ^ "The Top 100". Builder Magazine. 2021. from the original on April 30, 2021. Retrieved September 30, 2021.
  51. ^ "Buccaneer Homes". www.buccaneerhomebuilders.net. Retrieved July 11, 2017.
  52. ^ Homes, Crest. "Crest Homes | Manufactured Homes, Modular Homes, Mobile Home". www.cresthomes.com. Retrieved July 11, 2017.
  53. ^ "Giles Industries". gilesindustries.com. Retrieved July 11, 2017.
  54. ^ Homes, Golden West. "Golden West Homes | Manufactured Homes, Modular Homes, Mobile Home". www.goldenwesthomes.com. Retrieved July 11, 2017.
  55. ^ Homes, Karsten. "Karsten Homes | Manufactured Homes, Modular Homes, Mobile Home". www.karstenhomes.com. Retrieved July 11, 2017.
  56. ^ Homes, Marlette. "Marlette Homes | Manufactured Homes, Modular Homes, Mobile Home". www.marlettehomes.com. Retrieved July 11, 2017.
  57. ^ "New Oakwood Homes - Builder in Colorado and Utah". oakwoodhomesco.com. Retrieved July 11, 2017.
  58. ^ "Tru Value Homes of Alexandria, AL | Mobile, Modular & Manufactured Homes". truvaluealexandria.com. Retrieved July 11, 2017.
  59. ^ Mike Baker and Daniel Wagner, Minorities exploited by Warren Buffett’s mobile-home empire The Seattle Times / BuzzFeed News, December 26, 2015.
  60. ^ "Our Modular and Manufactured Home Brands". Clayton Homes. Retrieved June 3, 2016.
  61. ^ "G&I Homes, Your Confidence Builder". G&I Homes. Retrieved July 11, 2017.
  62. ^ Marcum, Ed (February 9, 2016). "Clayton acquired New York home retailer". Knoxville News Sentinel. Retrieved September 4, 2016.
  63. ^ McManus, John (May 13, 2019). "Clayton Homes Earns 2019 Builder of the Year Award". Builder Magazine. from the original on July 16, 2019. Retrieved September 30, 2021.
  64. ^ Scott, Amy (February 22, 2019). "More houses are rolling off the assembly line". Marketplace. from the original on June 20, 2019. Retrieved September 30, 2021.
  65. ^ "TDEC Welcomes Clayton Homes of Bean Station Into Green Star Partnership". Tennessee Department of Environment & Conservation. December 15, 2020. from the original on December 15, 2020. Retrieved September 30, 2021.
  66. ^ Jordon, Steve (May 1, 2016). "Clayton Homes home had a 'sold' sign even before the meeting". Omaha World-Herald. from the original on October 30, 2018. Retrieved September 4, 2016.
  67. ^ "DeVore Homes participates in large contribution to nonprofit military support group". Osceola-Sentinel Tribune. February 16, 2016. from the original on September 15, 2016. Retrieved August 14, 2021.
  68. ^ "DeVore Homes participates in large contribution to nonprofit military support group". Osceola Sentinel Tribune. February 16, 2016. Retrieved September 4, 2016.
  69. ^ "Homes Plus participates in contribution to military support group". The News Star. February 1, 2016. Retrieved September 4, 2016.
  70. ^ Silver, Matthew (May 12, 2016). "Clayton Homes Inaugurates Birmingham Home Show". Daily Business News. Retrieved September 4, 2016.
  71. ^ "Clayton Home Building supports Warriors". The Nashville Ledger. January 11, 2019. from the original on August 14, 2021. Retrieved August 14, 2021.
  72. ^ Tucker, Melanie (December 14, 2020). "Clayton donates new house to Blount Family Promise". The Daily Times. from the original on December 19, 2020. Retrieved August 14, 2021.
  73. ^ Moore, Hannah (May 14, 2021). "Family Promise receives $450,000 and 3 homes to be used to prevent homelessness". WATE ABC6. from the original on May 14, 2021. Retrieved August 14, 2021.

External links edit

  • Official website

February 15, 2024
clayton, homes, this, article, lead, section, short, adequately, summarize, points, please, consider, expanding, lead, provide, accessible, overview, important, aspects, article, november, 2021, public, housing, complex, houston, houston, clayton, largest, bui. This article s lead section may be too short to adequately summarize the key points Please consider expanding the lead to provide an accessible overview of all important aspects of the article November 2021 For the public housing complex in Houston see Clayton Homes Houston 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 HomesCompany typeSubsidiaryIndustryConstructionManufacturingFinancial servicesFounded1956 68 years ago 1956 FounderJim ClaytonHeadquarters5000 Clayton Road Maryville Tennessee United StatesArea servedUnited StatesKey peopleKevin T Clayton President amp CEO ProductsManufactured homesParentBerkshire HathawayWebsitewww wbr claytonhomes wbr comClayton Homes corporate headquarters are in Maryville Tennessee 4 Its subsidiaries include Clayton Home Building Group 5 Clayton Properties Group 6 Vanderbilt Mortgage 21st Mortgage 7 and insurance company HomeFirst Agency 8 Contents 1 History 2 Operations 3 Philanthropy 4 References 5 External linksHistory editClayton Homes was founded in 1956 by Jim Clayton 9 10 The business began by refurbishing and reselling used mobile homes 11 12 In 1966 Jim Clayton opened a Clayton Homes store location in Knoxville Tennessee on Clinton Highway 13 Clayton Homes established its own mortgage company in 1974 and added a manufacturing division in 1975 14 The company went public in 1983 trading on the New York Stock Exchange 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 In 2002 Clayton Homes earned a revenue of 1 2 billion 18 It was acquired by Berkshire Hathaway in 2003 for 1 7 billion 12 19 18 Cerberus Capital Management also expressed interest in bidding for the company 20 21 The certificate of merger was filed in Delaware and Clayton Homes stock was removed from the New York Stock Exchange 22 23 In 2007 Clayton Homes revenue was 3 66 billion 24 Clayton Homes sold its land lease communities business to Denver based Yes Companies LLC in 2008 The deal involved 65 properties in 11 states 25 26 The i house brand was introduced in May 2008 as a green energy efficient home 1 27 By 2009 Clayton Homes had sold over 1 5 million homes 1 2 In 2009 Clayton Homes launched the eHome as a more affordable version of the i house 28 Clayton Homes was involved in a lawsuit in 2011 with FEMA after providing portable classrooms as part of Hurricane Katrina relief which were found to contain formaldehyde Afterwards one of 12 prefabricated shelters provided to Haiti through the Clinton Foundation after the 2010 earthquake was found to have a formaldehyde level of 250 ppb a very high level according to a scientist specializing in indoor pollutants at Lawrence Berkeley National Laboratory 29 A news story in 2015 claimed that Clayton Homes unfairly targets and exploits minority home buyers 30 Clayton Homes was further criticized for its alleged use of corrupt business practices The company has denied discriminating against its customers or its workers 7 31 32 Warren Buffett the CEO of Berkshire Hathaway defended Clayton against predatory lending claims in an interview saying We have 300 000 loans on the books and in the last 3 years I ve not received one letter of complaint from anybody 33 34 In 2015 Clayton Homes worked with Oak Ridge National Laboratory and the architectural firm Skidmore Owings amp Merrill to produce a 3D printed house and car which share a single energy unit 35 36 Clayton Homes expanded into the traditional home building market with the acquisition of Georgia based homebuilder Chafin Communities in 2015 37 and Tennessee based Goodall Homes in 2016 38 39 Clayton Homes acquired River Birch Homes based in Hackleburg Alabama in April 2016 The following month Clayton Homes hosted its first Birmingham based home show The show had 492 attendees and featured 27 homes from 27 facilities 40 That same month Clayton Homes announced that it would partner with nonprofit Next Step to build a modular duplex in Waco Texas on a lot owned by NeighborWorks Waco in order to create affordable housing in the Greater Waco area 41 In 2016 Clayton Homes was recognized as number 292 on Forbes list of America s Best Employers 42 The company introduced a line of tiny homes during fall 2016 with the debut of its Low Country prototype in North Carolina 43 The designer series received media acclaim from USA Today The Post and Courier among others 44 45 On July 10 2017 Clayton Properties Group announced the purchase of home building operator Harris Doyle Homes which is based in Birmingham Alabama 46 Known for its manufactured housing Clayton Homes is expanding into the site built 250 000 and under housing market as reported in July 2017 Since October 2015 Clayton Homes has acquired homebuilders in Atlanta Nashville Kansas City Denver and Birmingham 47 In 2019 Clayton Homes also worked with Colorado based advertising agency Made to create the Prefabulous series to promote its manufactured housing and attempt to fight the view that off site built homes are low end and one size fits all 48 49 As of 2021 Clayton Properties Group a subsidiary of Clayton Homes is ranked number eight in size on Builder Magazine s Top 100 list of home builders in the US with a gross revenue of 2 98 billion 50 Operations editClayton Homes produces homes under the brand names of Buccaneer Homes 51 Cavalier Homes Clayton Homes Crest Homes 52 Giles Industries 53 Golden West Homes 54 Karsten Company 55 Marlette Homes 56 Norris Homes Schult Homes and Southern Energy Homes Clayton Homes also owns retail brands Oakwood Homes 57 TruValue Homes 58 and Luv Homes 59 60 In 2016 Clayton acquired G amp 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 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 The off site built home is then transported to its final location in sections to be assembled on a foundation 64 Clayton Homes has taken a number of sustainability measures at it facilities including preventing 200 short tons 180 tonnes of waste from going to a landfill from its facility in Bean Station Tennessee in 2020 by recycling metal cardboard wire and plastic The Bean Station facility also saved 40 000 U S gallons 150 000 L of water annually a 50 reduction through implementation of water conservation upgrades 65 Philanthropy editIn 2015 Clayton Homes released the Patriot home model and partnered with the Hope for the Warriors veterans assistance group Clayton Home Building Group gave a check for 33 600 to the organization in January 66 67 Hope For The Warriors works with veterans from all branches of the military as well as post 9 11 active duty National Guard and reserve service members 68 69 In May 2016 Clayton presented a 100 000 check to the organization 70 In 2019 Clayton Home Building Group became a founding sponsor of the Warrior s Compass Suite program by Hope for the Warriors to help veterans transition from US military service to civilian employment Clayton Home Building Group committed to donating 300 000 to support the program 71 Clayton Homes also partners with Family Promise to donate several homes per year to families who have experienced homelessness 72 In 2021 Clayton Homes donated 450 000 and 3 off site built homes to be used to prevent family homelessness 73 References edit a b c Schwartz Ariel May 4 2009 Clayton Homes i house Combines Energy Efficiency and Modular Affordability Fast Company Retrieved June 3 2016 a b Koch Wendy December 9 2009 Clayton Homes joins prefab green building boom with 45 000 eHome USA Today Retrieved June 7 2016 Sorkin Andrew Ross July 31 2003 Buffett Wins Battle to Buy Clayton Homes The New York Times Retrieved June 3 2016 292 Clayton Homes Forbes Retrieved June 3 2016 Fisher Kelly April 24 2019 East Tennessee home building company to invest 14 million in Sumner location establish more than 100 jobs The Tennessean Retrieved August 14 2021 Harshberger Caleb June 4 2020 Warren Buffett s homebuilding unit buys hundreds of acres in Durham Business Journals Retrieved August 14 2021 a b Muhammad Dedrick January 22 2016 Call for Federal Investigation Into Report of Racially Discriminatory Predatory Lending Huffington Post Retrieved June 3 2016 Prevost Lisa October 16 2014 Financing Manufactured Homes The New York Times ISSN 0362 4331 Retrieved July 11 2017 Williams Chambers April 11 2016 Clayton Homes buys Alabama manufactured housing company Knoxville News Sentinel Archived from the original on April 14 2016 Retrieved June 7 2016 Warren Buffett praises East Tennessee entrepreneurs behind two of his businesses Chattanooga Times Free Press March 1 2021 Archived from the original on March 2 2021 Retrieved August 14 2021 Wood Tom April 9 2021 Knoxville partners race in to bolster Music City Grand Prix The Nashville Ledger Archived from the original on April 8 2021 Retrieved August 14 2021 a b c Reingold Jennifer January 1 2004 The Ballad of Clayton Homes Fast Company Archived from the original on September 18 2012 Retrieved June 7 2016 Gaines Jim February 27 2017 Buffett Clayton Homes to keep growing Knoxville News Sentinel Archived from the original on November 30 2020 Retrieved August 14 2021 a b Mansfield Duncan February 15 1991 Trailer park king makes big business after humble beginnings in Tennessee Kentucky New Era Small Company Initial Public Offerings June 1983 Inc Retrieved June 7 2016 Cunningham Lawrence A December 24 2014 Ocwen Would Do Well to Follow the Lessons of Berkshire s Clayton Homes The New York Times Retrieved June 7 2016 McManus John May 13 2019 Clayton Homes Earns 2019 Builder of the Year Award Builder Magazine Archived from the original on July 16 2019 Retrieved August 14 2021 a b Berkshire Hathaway Agrees To Acquire Clayton Homes Wall Street Journal April 2 2003 Retrieved June 7 2016 Sorkin Andrew Ross July 31 2003 Buffett Wins Battle to Buy Clayton Homes The New York Times Retrieved June 7 2016 Belated suitor woos Clayton Homes USA Today July 11 2003 Retrieved September 4 2016 Sorkin Andrew Ross July 31 2003 Buffett Wins Battle to Buy Clayton Homes The New York Times Retrieved September 4 2016 Nolen Amy August 27 2003 Clayton Homes Shareholder Alleges Executive Fraud in Berkshire Hathaway Sale The Knoxville News Sentinel Archived from the original on October 8 2016 Retrieved September 4 2016 Nolen Amy August 8 2003 Clayton Homes Declares Merger with Berkshire Hathaway Stops Trading Stock Knight Ridder Tribune Archived from the original on October 8 2016 Retrieved September 4 2016 Nolan Amy March 17 2008 Buffett gives Clayton Homes a high five Orlando News Setinel Retrieved September 4 2016 Silence Michael February 26 2008 Clayton completes sale of housing communities Knoxville News Sentinel Retrieved June 7 2016 Caulfield John March 7 2008 Clayton Homes to Focus on Subdivision Development Builder Online Retrieved June 7 2016 Reynolds Glenn January 15 2009 Clayton s I House Prefab Green Homes Get Affordable Popular Mechanics Archived from the original on May 27 2010 Retrieved January 5 2013 Koch Wendy December 9 2009 Clayton Homes joins prefab green building boom with 45 000 eHome USA Today Retrieved September 4 2016 Macdonald Isabel Doucet Isabeau July 11 2011 The Shelters That Clinton Built ISSN 0027 8378 Retrieved August 14 2021 Wagner Daniel Baker Mike April 3 2015 Warren Buffett s mobile home empire preys on the poor Center for Public Integrity Archived from the original on December 15 2019 Retrieved August 14 2021 Stempel Jonathan February 27 2016 Buffett defends Clayton Homes after critics fault its lending Reuters Retrieved June 7 2016 Buffett Defends 3G and Clayton Homes as Berkshire Profit Grows Fortune February 27 2016 Retrieved June 7 2016 David Javier E May 2 2015 Warren Buffett defends Clayton Homes against claims of predatory lending CNBC Retrieved June 7 2016 Das Anupreeta May 2 2015 Warren Buffett Defends Clayton Homes Wall Street Journal ISSN 0099 9660 Retrieved August 14 2021 Krassenstein Brian August 2015 ORNL amp Clayton Homes are 3D printing a home amp car that share energy with one another 3D Print Retrieved June 7 2016 ORNL unveils integrated 3D printed house and car that produce and share clean energy 3Ders September 23 2015 Retrieved June 7 2016 Hudson Phil W November 2 2015 Buffett owned company buys Georgia homebuilder for 50 million Atlanta Business Chronicle Retrieved June 7 2016 McManus John May 2 2016 Home Building Investment Buffett Style Builder Online Retrieved June 7 2016 Ward Getahn April 29 2016 Warren Buffett s company buys Gallatin s Goodall Homes The Tennessean Retrieved June 7 2016 Marcum Ed June 1 2016 Clayton Homes marks 60 years new directions Knoxville News Sentinel Retrieved September 4 2016 Copeland Mike April 18 2016 Clayton Homes NeighborWorks Waco join forces for affordable housing Waco Tribune Retrieved September 4 2016 Dill Kathryn 292 Clayton Homes Forbes Retrieved September 4 2016 Clayton home building group unveils tiny home designer series Retrieved September 22 2016 Home building group unveils tiny home designer series USA Today Retrieved September 22 2016 Clayton Homes takes a turn from manufactured housing to introduce its own line of tiny homes including a model with Charleston ties September 12 2016 Retrieved September 22 2016 Alabama Shakes Clayton Buys Birmingham s Harris Doyle Homes Builder July 10 2017 Retrieved July 11 2017 Jordon Steve August 2 2017 Berkshire s Clayton Homes division expanding into 250 000 and under housing market Omaha World Herald Retrieved September 30 2021 Stanley T L February 13 2019 Can a Prefab Home Actually Be Stylish This Upbeat Ad Hopes to Make the Case Ad Week Archived from the original on February 14 2019 Retrieved September 30 2021 Clayton Homes Prefabulous by Made The Drum February 2019 Archived from the original on February 21 2019 Retrieved September 30 2021 The Top 100 Builder Magazine 2021 Archived from the original on April 30 2021 Retrieved September 30 2021 Buccaneer Homes www buccaneerhomebuilders net Retrieved July 11 2017 Homes Crest Crest Homes Manufactured Homes Modular Homes Mobile Home www cresthomes com Retrieved July 11 2017 Giles Industries gilesindustries com Retrieved July 11 2017 Homes Golden West Golden West Homes Manufactured Homes Modular Homes Mobile Home www goldenwesthomes com Retrieved July 11 2017 Homes Karsten Karsten Homes Manufactured Homes Modular Homes Mobile Home www karstenhomes com Retrieved July 11 2017 Homes Marlette Marlette Homes Manufactured Homes Modular Homes Mobile Home www marlettehomes com Retrieved July 11 2017 New Oakwood Homes Builder in Colorado and Utah oakwoodhomesco com Retrieved July 11 2017 Tru Value Homes of Alexandria AL Mobile Modular amp Manufactured Homes truvaluealexandria com Retrieved July 11 2017 Mike Baker and Daniel Wagner Minorities exploited by Warren Buffett s mobile home empire The Seattle Times BuzzFeed News December 26 2015 Our Modular and Manufactured Home Brands Clayton Homes Retrieved June 3 2016 G amp I Homes Your Confidence Builder G amp I Homes Retrieved July 11 2017 Marcum Ed February 9 2016 Clayton acquired New York home retailer Knoxville News Sentinel Retrieved September 4 2016 McManus John May 13 2019 Clayton Homes Earns 2019 Builder of the Year Award Builder Magazine Archived from the original on July 16 2019 Retrieved September 30 2021 Scott Amy February 22 2019 More houses are rolling off the assembly line Marketplace Archived from the original on June 20 2019 Retrieved September 30 2021 TDEC Welcomes Clayton Homes of Bean Station Into Green Star Partnership Tennessee Department of Environment amp Conservation December 15 2020 Archived from the original on December 15 2020 Retrieved September 30 2021 Jordon Steve May 1 2016 Clayton Homes home had a sold sign even before the meeting Omaha World Herald Archived from the original on October 30 2018 Retrieved September 4 2016 DeVore Homes participates in large contribution to nonprofit military support group Osceola Sentinel Tribune February 16 2016 Archived from the original on September 15 2016 Retrieved August 14 2021 DeVore Homes participates in large contribution to nonprofit military support group Osceola Sentinel Tribune February 16 2016 Retrieved September 4 2016 Homes Plus participates in contribution to military support group The News Star February 1 2016 Retrieved September 4 2016 Silver Matthew May 12 2016 Clayton Homes Inaugurates Birmingham Home Show Daily Business News Retrieved September 4 2016 Clayton Home Building supports Warriors The Nashville Ledger January 11 2019 Archived from the original on August 14 2021 Retrieved August 14 2021 Tucker Melanie December 14 2020 Clayton donates new house to Blount Family Promise The Daily Times Archived from the original on December 19 2020 Retrieved August 14 2021 Moore Hannah May 14 2021 Family Promise receives 450 000 and 3 homes to be used to prevent homelessness WATE ABC6 Archived from the original on May 14 2021 Retrieved August 14 2021 External links editOfficial website Portals nbsp United States nbsp Companies Retrieved from https en wikipedia org w index php title Clayton Homes amp oldid 1188797331, wikipedia, wiki, book, books, library,

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