Champion Homes
 | |
| Private | |
| Industry | Mobile and modualar home manufacturing |
| Founded | 1953 |
| Headquarters | Troy, Michigan |
Key people | Walter W. Clark and Henry E. George; founders |
Number of employees | 5,000+ |
| Website | www.championhomes.com |
Champion Homes, or Champion Home Builders, is a mobile and modular home manufacturing company. It is the second largest modular homebuilder in North America.[1] The company also provides factory-built housing to the United Kingdom and western Canada. Champion homes has been a publicly held company for over 40 years, with shares listed on the New York Stock Exchange from 1995 to 2010 .
Products
Champion Homes is primarily a manufacturer of mobile and modular homes, but they have also built travel trailers, RVs, campers, and commercial buses. Furthermore, Champion Homes has built modular homes for government applications. Champion Homes has acquired many brand names, including Caledonian Building Systems, Carolina Building Solutions, Commander, Dutch, Fortune, Highland Manufacturing, Homes of Merit, Moduline, New Era, New Image, North American, Redman, Silvercrest, SRI, Summit Crest and Titan. As of 2007 Champion Home Builders built over 1,000 homes a month, up from about 10 a month during their first year.
History
Champion Homes was founded in 1953 as a single manufacturing facility in the small town of Dryden in rural Michigan by Walter W. Clark and Henry E. George.
- In 2005, Champion was the first manufacturer to build privatized modular housing for the military.
- In 2010, Champion filed for bankruptcy and was acquired by an investor group led by Centerbridge Partners, MAK Capital Fund LP and Sankaty Advisors and company lenders led by Credit Suisse.[2] The company later recovered.[3]
Today
Champion Homes is still headquartered in Michigan, but in Troy, Michigan rather than Dryden, and has 32 manufacturing facilities located across the United States and Europe. Worldwide, Champion Homes employs over 5,000 people.