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CMH Homes Inc history
CMH Homes Inc company history timeline
By 1970, Clayton was moving about 700 units a year off the lot.
1971: Clayton builds his first mobile home manufacturing plant.
1983: Clayton Homes goes public.
Clayton Homes opened its first manufactured-home community in Texas in 1987.
Financial World included Clayton Homes among its list of 500 companies on the “fast track.” In 1991, James Clayton received a Horatio Alger Award, sharing the honor that year with Phil Gramm and Colin Powell, among others.
Sales reached $371 million by 1992 and kept climbing.
By February 1995, the homes being manufactured at Clayton’s 14 factories had many of the charms and amenities of a site-built home, including cathedral ceilings, fireplaces, walk-in closets, and whirlpool tubs.
In October 2000, after 54 consecutive quarters of record earnings, Clayton Homes reported an 18 percent decline in earnings, marking the onset of another industry-wide downturn.
No sooner had this goal been reached than the company announced its intention to double its business again by 2002.
Clayton became part of Warren Buffett’s Berkshire Hathaway family of companies in 2003.
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"Clayton Homes Incorporated ." International Directory of Company Histories. . Encyclopedia.com. (June 21, 2022). https://www.encyclopedia.com/books/politics-and-business-magazines/clayton-homes-incorporated-0
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CMH Homes Inc competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Long Home Products | 1945 | $24.6M | 108 | 19 |
| US Home Systems | 1980 | $230.0M | 863 | - |
| Us Remodelers | - | $1.2M | 50 | - |
| Mechanical Sales | 1967 | $43.2M | 13 | - |
| American Design and Build | 1993 | $8.3M | 20 | - |
| Unique Home Solutions | 1983 | $26.7M | 133 | - |
| Larmco Windows | 1959 | $5.0M | 20 | - |
| K.C. Company, Inc. - Pella Windows and Doors | 1931 | $25.0M | 300 | - |
| Premier Roofing | 2005 | $1.3M | 50 | 80 |
| Oakwood Homes | 1991 | $1.0M | 25 | - |
CMH Homes Inc history FAQs
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