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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' corporate headquarters are in Maryville, Tennessee. [4]
In 2006, the company changed its name from United Mobile Homes, Inc. to UMH Properties, Inc. In 2013, the company acquired Holiday Mobile Village in Nashville, Tennessee for $7.25 million. [3] In 2014, the company acquired 4 communities in Pennsylvania for $12.2 million [4] [5] and 10 communities in Ohio for $30.4 million [6]
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.
This page was last edited on 16 February 2024, at 23:03 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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."
The company continued to operate in the modular housing business under the ALL AMERICAN HOMES and Mod-U-Kraf brand names. All American was acquired by Innovative Building Systems in 2011. [ 10 ] Innovative Building Systems subsequently filed for bankruptcy in 2016 and closed American Homes and Mod-U-Kraf.
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The James Park House is a historic house located at 422 West Cumberland Avenue in Knoxville, Tennessee, United States.The house's foundation was built by Governor John Sevier in the 1790s, and the house itself was built by Knoxville merchant and mayor, James Park (1770–1853), in 1812, making it the second-oldest building in Downtown Knoxville after Blount Mansion. [1]