Champion Homes history

Shortly after completing its initial public offering in 1962, Champion was generating more than $30 million in sales annually and drawing praise from the business press for efficient and self-sufficient operations.

Industry-wide, sales dropped to $2.5 billion in 1974 after exceeding $4 billion two years earlier, while unit shipments plunged 42 percent.

Champion, not immune to the stifling economic climate, recorded a financial loss for the remainder of the decade, lagging behind the recovery of the industry which began in 1976.

The company had closed eight plants since 1986, but after five years of consolidating and decentralizing its operations, Champion found itself in the position to grow its business.

After reorganizing in 1990, the company began its resolute rise in the manufactured housing industry, more than tripling its sales volume during a five-year span and quickly climbing the industry’s rankings.

Our market capitalization has gone from less than $50 million in 1991, to more than $1 billion currently."

By the end of 1995, sales reached $798 million, having more than tripled during the previous three years.

In February 1996, the company announced its would open two new plants and significantly expand three of its existing 23 plants.

In May, the company’s plans became grander with the announcement that it would open five new factories in 1997 and upgrade all of its existing plants.

In 2016, Champion Homes launched a factory retail division.

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