MHProNews has learned from wcbi that Maryville, TN-based Clayton Homes has acquired all the assets of River Birch Homes of Hackleburg, AL, effective immediately. Gerald Terrell and Delmo Payne combined their experience into River Birch in 1997.
Payne said, “Since day one, our motto has always been: ‘Q. V. S.’ – quality, value and service. We build a quality house, price it competitively and provide professional service after the sale. All three are equally important to earn business year after year.”
Noting the addition of River Birch as their 37th facility, Keith Holdbrooks, president of the Clayton Home Building Group, said, “We are thrilled to become members of the Hackleburg community. Delmo and Gerald have done an excellent job in creating a solid brand with River Birch Homes and we look to continue the good work they have already started.”
Employing nearly 240 people from the larger Hackleblurg community, River Birch offers single and multi-section manufactured homes, marketing them through nine southeastern states.
The largest producer of manufactured homes in North America, Clayton has over 1,000 Home Centers nationwide. Through its affiliates and family of brands, Clayton builds, sells, finances, leases and insures Clayton-built manufactured and modular homes under 11 brands.
Source: MHPro News 4/11/16
Clayton to Open Texas Plant, as it Celebrates 60 Years in Business
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The Athens (TX) City Council adopted a resolution in support of the Athens Economic Development Corp.’s $300,000 incentive package for jobs created by Clayton Homes bringing a manufacturing plant to the city, according to athensreview.
The council agreed to a property tax rebate for Clayton over a five-year period, beginning with 100 percent, dropping to 65 percent the second year, 45 percent the third year, and 25 percent each of the two remaining years. Athens, TX is just southeast of Dallas. As MHProNews knows, Texas is the number one shipment state for manufactured homes in the U. S.
Meanwhile, Clayton is celebrating its 60th year in business. Founded by Jim Clayton in 1956 with one retail center in Knoxville, Tennessee, the company has become one of the largest homebuilders in the nation, as reported by prnewswire.
Kevin Clayton, Jim Clayton’s son and current CEO, said, “I’m so proud of the level of quality and innovation our homes have attained over the last 60 years. This year we predict over 34,000 families will trust us to help them find the best home for their lifestyle and know that we will be there long after their purchase.”
In 2003 Warren Buffett’s Berkshire Hathaway acquired Clayton.