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Posts Tagged ‘Kevin Clayton’

Clayton, Next Step, NeighborWorks Collaborate on Low-income Housing

April 18th, 2016 No comments

waco_neighborworks__wacotrib_slash_Jerry_Larson__Steve_Fulton_Clayton_one_half_duplexAs part of a joint attempt to create more affordable housing in Waco, Texas, Clayton Homes in Waco is building a modular duplex to be sited on a lot owned by non-profit NeighborWorks, according to what wacotrib informs MHProNews. Each of the two 1,100 square foot units will feature three bedrooms, two baths with appliances and will rent for $900 a month.

Roy Nash, president and CEO of NeighborWorks Waco, expressed hope this is the first of several modular duplexes Clayton will build in conjunction with his organization and Louisville, KY-based Next Step, which seeks a network of builders to help replace two million energy-inefficient homes, as well as organizations that can offer low-cost financing.

Clayton Homes’ Steve Brady says CEO Kevin Clayton has a longstanding relationship with Next Step and is supportive of the non-profit’s mission.

CEO Chris Nicely of Next Step said his organization is acting as a liaison between Clayton and Waco’s NeighborWorks. “We see this effort as one that will produce high-quality and energy-efficient housing for those who need it most,” Nicely said. Families that lease space in the duplex may later decide to own their unit.

Work crews are expected to have the duplex ready for a public showing around mid-June. There are more vacant lots near Waco’s inner city that are also suitable as sites for housing for low-to middle-income residents.

Nash said NeighborWorks and Next Step will split a Clayton rebate worth about $12,000 as partners in the project.

Stacey Epperson, president of Next Step, said, “We believe factory-built homes are the answer to America’s growing affordable housing crisis. The right-sized home at the right price allows NeighborWorks Waco and other nonprofits to serve more deserving families. We are happy to be a part of the solution.” ##

(Photo credit: wacotrib/Jerry Larson–Steve Fulton of Clayton Homes in front of one of the duplexes)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Clayton to Open Texas Plant, as it Celebrates 60 Years in Business

April 13th, 2016 Comments off

Clayton_Homes__prnewswire__creditThe 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. ##

(Photo credit: prnewswire-Clayton Homes on Clinton Highway, Knoxville TN)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

John Kalec Grew Clayton through the Recession, Leaving after 20 Years

April 4th, 2016 Comments off

john_kalec_retiring_cfo_of_claytonJohn Kalec, Clayton Homes Executive Vice President and CFO, has announced his retirement after 20 years with the company, according to a press release reported by thedailytimes to MHProNews.

Focusing on strategic and operational activities, Kalec led the accounting and financial teams at Clayton. “Specifically, he has helped lead the company toward organic growth through multiple acquisitions and a housing recession,” the press release stated.

After Berkshire acquired the company in 2003, Kalec corresponded with other Berkshire counterparts.

Said Clayton CEO Kevin Clayton said in a statement, “John’s guidance and wisdom throughout the years cannot be measured or described in words. Under his watch, the company more than tripled in size.”

Amber Krupacs, also the CFO for Clayton’s Vanderbilt Mortgage, will replace Kalec. ##

(Photo credit: thedailytimes–John Kalec)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Clayton Homes Donates to Military Support Group

February 1st, 2016 Comments off

hope_for_the_warriorsMHProNews has learned from thenewsstar, the Hope for the Warriors organization, a national non-profit that provides support for members of the military and their families, including families of the fallen and military caregivers, received a check for $33,600 from Clayton Homes President Keith Holdbrooks and CEO Kevin Clayton at the Louisville Manufactured Housing Show Jan. 21.

Jessica McKinney, a representative from Hope for the Warriors, said, “We are honored to accept this generous donation, which enables us to continue serving thousands of military families across the country. One of our core values is to meet the changing needs of service members and their families and it is through donations like these that we are able to achieve our goals.”

Clayton home building group President Keith Holdbrooks said, “These are the men and women and their families that sacrificed for all of us to enjoy the freedoms we have. We are fortunate to have found a group that is doing the right thing and proud that we can be a part of that effort.”

Clayton Homes is the largest producer of manufactured homes in North America. ##

(Image credit: Hope for the Warriors)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Clayton Teams with Electrolux

January 7th, 2016 Comments off

clayton_knoxnews_shelley_kimel_creditMHProNews has leaned from prnewswire that Clayton Homes has partnered with AB Electrolux to offer a complete selection of refrigerators, dishwashers, ovens, washing machines and other household appliances as options for its homes.

Each of Clayton’s 36 facilities across the U. S. will be outfitted with Electrolux products. Clayton CEO Kevin Clayton said, “We are always interested in providing more value to our customers, whether that means increasing the energy efficiency of our homes or offering a large range of models and features,” Clayton said. “This partnership with Electrolux is designed to do just that—add value to our homes.”

Founded in 1956, Clayton offers traditional site-built homes, modular homes, manufactured housing, tiny homes, college dormitories, military barracks, and apartments. In 2015 the company built more than 34,000 homes. ##

(Photo credit: knoxnews–Shelley Kimel)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

RV/MH Hall of Fame Head saves over $600,000

October 22nd, 2015 Comments off

rv mh half of fame in Elkhart INDDarryl Searer, chairman and president of the Recreational Vehicle/Manufactured Housing (RV/MH) Hall of Fame in Elkhart, Indiana has announced that a 12-year loan taken out to purchase the David Woodworth antique RV collection has been paid in full— in just 2½ years, saving the Hall $565,000.

Searer successfully renegotiated the $1.165 million loan down to a $600,000 cash settlement, borrowing the money from 1st Source Bank. By negotiating the loan from a 4.5 percent interest rate down to a 3.5 percent rate, Searer saved the Hall an additional $50,000, as elkharttruth tells MHPronews.

When Searer took over the helm in 2012, the Hall was in danger of closing due to financial problems, but Searer has managed to turn the situation around. “There’s light at the end of the tunnel,” he said. The debt elimination challenge, initiated by Kevin Clayton of Clayton Homes, which is a competition between the MH and the RV industries to each raise $1 million, has resulted in more than $715,000 raised to date. ##

(Photo credit: RV/MH Hall of Fame and Museum)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

$54,000 Raised Towards Eliminating RV/MH Hall Debt

September 25th, 2015 Comments off

rv_mh_hall_of_fame_south_entrance__rv_business_creditThe Manufactured Housing Institute (MHI) informs MHProNews that Darryl Searer, president and chairman of the RV/MH Hall of Fame in Elkhart, Indiana reports $54,000 was raised toward Kevin Clayton’s Debt Elimination Challenge at the 4th International Networking Roundtable for Land-Lease-Lifestyle Communities in San Diego, California.

Champion Home Builders, Inc. donated $50,000 of the amount, bringing the total raised to $605,000 toward eliminating the RV/MH Hall’s $2 million in debt. The campaign was established to end the debt in three to five years. Both the manufactured housing and the recreational vehicle industries have commited to raise $1 million each. ##

(Photo credit:RVBusiness–RV/MH Hall of Fame and Museum)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Clayton Homes offers Incentive to Buy Energy Efficient Home

June 10th, 2015 Comments off

Cclayton_homes___creditonsumers who purchase an Energy Smart Home™ from Clayton Homes between now and Aug. 29 will receive up to $3,000.00 towards their first year’s utility bills, according to what virtualpressoffice informs MHProNews. Clayton CEO Kevin Clayton said, “We’re going to give consumers a jumpstart on those savings by providing an incentive that they can use toward paying their utility bills for the first years.

Features of the Smart Home include a programmable thermostat, low emissive double pane windows that prevent ultra violet rays from entering the home, R-33/11/22 insulation and additional sealant around seams and ductwork that further insulate the home.

As CEO Clayton said, “The Energy Smart Home™ is going to give you more money to spend on your own family, instead of your power company.

Clayton is the largest producer of manufactured homes in North America. ##

(Image credit: Clayton Homes)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

RV/MH Foundation Issues Challenge for Debt Elimination Campaign

March 27th, 2015 Comments off

rv_mh_debt_elimination_challenge_thermometerIn response to the Kevin Clayton Debt Elimination Campaign challenge established last September to help the RV/MH Heritage Foundation become debt free in five years, donors to the manufactured housing sector have raised $522,573, following Clayton’s kickstart pledge of $200,000.

With a goal of $1 million, Clayton has issued a challenge to the RV (recreational vehicle) industry to match the $1 million MH commitment. The prize for whichever industry reaches the million dollar goal first is to dump buckets of ice on the head of foundation president Darryl Searer.

Searer says, “Just the thought of it runs shivers up my spine, but it’s for a good cause and will be worth it to finally see the Foundation debt free. So far, as MHProNews has learned, the MH industry is far ahead of the RV’s $45,500.

Searer joined the Foundation three years ago when the debt was $5.5 million and the future was questionable. As a result of his leadership, the debt has been reduced to $2 million.

He says, “As the generosity of the RV and MH industries continues, these last two fundraisers will finally put us over the top and guarantee the Foundation’s long-term sustainability. For the first time since we started down this road, we can finally see the finish line.

To make a pledge, contact the Foundation at http://www.rvmhhalloffame.org/ ##

(Image credit: RV/MH Heritage Foundation)

matthew-silver-daily-business-news-mhpronews-com   Article submitted by Matthew J. Silver to Daily Business News-MHProNews.

RV/MH Hall of Fame Challenge Advances

November 10th, 2014 Comments off

RV-MH-Hall-of-Fame-posted-on-mhpronews-comDarryl Searer, chairman and president of the RV/MH Hall of Fame tells MHProNews he’s encouraged by early support of the “Kevin Clayton Debt Elimination Challenge” fund raising campaign.  The money being raised and/or pledged is to eliminate remain debts on the Hall.

Searer said, “Our goal is to raise $1 million in this campaign over the next 3 to 5 years.  These new pledges, plus Kevin Clayton’s initial pledge of $200,000, means that we are more than 35% there in only a few weeks since the campaign was announced.”  

Kevin Clayton’s $200,000 in pledges, plus others made by Gary McDaniel of Yes! Communities, Joe Stegmayer of Cavco Industries, Barry Cole, MH Insurance Services, Debra Pizer of Zeman Homes, Senco Brands and Fairmont Homes round out the top initial pledges. To see the breakdown of donations/pledges and more details, click here. ##

(Photo Credit: RV/MH Hall of Fame)

(To learn more about the RV/MH Hall of Fame, please click here.)