March 9, 2010

ARMY Goes Modular For Housing - Clayton Homes Trendsetter Construction Completes Project at Fort Sam Houston

SAN ANTONIO, Texas – (March 9, 2010) – One of the largest residential modular construction projects ever is going up at a U.S. Army base in San Antonio, Texas.

The Army found it could create housing for 1200 military medical trainees faster and more cost effectively by turning to modular construction. Some universities are reaching the same conclusion about how to quickly create more student housing…and do so while keeping costs down.

At Fort Sam Houston the Army chose Trendsetter Construction’s modular design and construction process. In essence, 250,000 square feet of barracks were transported and assembled keeping the construction time involved to an absolute minimum. That’s just the beginning. Eventually there will be five such buildings, supplying housing for 3,000 members of the armed forces.

Trendsetter manufactured the modular units in their Belton, Texas facility and then transported each module to the site in San Antonio. The building which stands four-stories tall, features 600 hotel-style apartments. Along with Trendsetter, other companies involved in the project included, Hensel Phelps Construction Co., and the Warrior Group.

"We have a strong team that includes our manufacturing partner and Hensel Phelps Construction Co, the general contractor," said Gail Warrior-Lawrence, president of Warrior Group. "It is an honor to be a part of providing housing for the men and women who defend America."

This type of construction allows for a speedier and more accurate construction, saving both time and money. The manufacturing process also provides significant reduction in waste and energy costs. "On typical project timelines, we can save 40-50% of the time on-site as compared to traditional construction techniques, while increasing control and reducing waste," says Doug Henriquez, Trendsetter’s Director of Business Development. "Our on-site finish includes assembly, corridor completions, mechanical, electrical, and plumbing connections. This moves the bulk of work and risk to a manufacturing environment which increases consistency and accuracy."

"The Fort Sam Houston project has been such a rewarding project for our company," added Henriquez. "We were thrilled to be selected as the manufacturing partner on this job, and to be able to provide housing for the men and women serving our country as they go through their training programs."

Trendsetter is a subsidiary of Clayton Homes, a Berkshire-Hathaway Company.

January 5, 2010

LEAVING RENT BEHIND - Clayton Homes, H&R Block Team Up to Increase Home Ownership

KNOXVILLE, Tenn. – (January 5, 2010) – Just months after Congress extended the tax credit for first time homebuyers, the nation’s largest homebuilder and the nation’s largest tax services provider are teaming up to make the transition to home ownership easier.

The partnership between Clayton Homes and H&R Block means people can easily use their tax refund to move into home ownership by purchasing a Clayton home.

"With the federal government both extending and expanding the tax credit for home buyers, with mortgage rates extremely low and with Clayton able to offer financing directly, this is a historic opportunity for more people to become homeowners," said Kevin Clayton, President and CEO of Clayton Homes.

"From seniors looking to downsize, to families wanting to move, to those shopping for their first home, this credit paves the way for more people to positively impact their taxes through the benefits of homeownership," said Dave Mullin, Marketing Manager for H&R Block.

There are clear long term tax advantages to owning a home as opposed to renting:

•   The interest you pay is tax deductible.
•   Your local property taxes are deductible.
•   Some loan costs, such as Private Mortgage Insurance, are deductible.

There’s no question that becoming a homeowner is a smart move. The latest data from the Federal Reserve Board shows families that own homes are worth more money and save more money.

Clayton homes are an excellent value for those looking to become homeowners and can often be financed so that the monthly mortgage payment is comparable to rent payments.

"We don’t know of a better way to deliver this message to people than when they are truly focused on finances, so a partnership between our companies makes perfect sense," says Clayton.

Information on the program is available at Clayton Homes Sales Centers across the country.

Date

Top Industry Leaders Honored National Industry Awards Presented at 2010 National Congress & Expo for Manufactured and Modular Housing

(Arlington, VA – April 14, 2010) Members of the manufactured and modular housing industries gathered today at an awards luncheon to recognize individuals and companies for outstanding achievements. The National Industry Awards, presented during the 2010 National Congress and Expo for Manufactured and Modular Housing, recognized the highest achievers from all sectors of the manufactured and modular housing industries – communities, retailers, suppliers, lenders, manufacturers, developers and state associations.

"These excellent industry role models are leading the way in providing more value, better products, creative solutions, and excellent customer service. They are being recognized today for their vision, their dedication, and their energy in enhancing and moving the manufactured and modular housing industries forward," said MHI Executive Vice President Thayer Long.

National Industry Awards

RETAIL SALES CENTER OF THE YEAR AWARDS
The "Retail Sales Center of the Year" award entries were judged based on an entry statement, management philosophy, retail center aesthetics, marketing materials and community and industry involvement. The following Clayton Homes retailer was honored with this award:

(Northeast/Mid-Atlantic) – Oakwood Homes, Farmville, VA

DESIGN AWARDS
Clayton Homes received the following awards, bestowed by MHI and the National Modular Housing Council (NMHC), recognize excellence and encourage innovation in manufactured and modular home design and production. An independent panel of building professionals judged the entries and the following received awards:

Manufactured Home Design
Manufactured Home Single-Section Production – Giles Homes “P6376H gHouse”

Manufactured Production Home Over 1,800 sq. ft. – SEhomes – Energy Div. “EZ-801 Sequoia”

NATIONAL AWARDS
Every year industry leaders vote for the individuals and companies that are considered the best in their class. This year’s winners have shown great leadership and commitment to the industry over the last year. These award winners were chosen by their peers to be honored with the prestigious 2010 manufactured housing industry awards. Clayton Homes received the following honor:

Floor Plan Lender of the Year – 21st Mortgage Corporation, Knoxville, TN

MHI is the national trade organization representing all segments of the manufactured and modular housing industries including manufacturers, retailers, community owners, suppliers, financial institutions, state associations and developers.

Home Ownership And $8,000 On The Line Home Centers Everywhere Are Holding "OPEN HOUSE" To Help People Own Their First Home

CITY, STATE (insert date) – Time is running out for people to get an $8,000 federal tax credit for purchasing their first home.

"People have to be in the home by December 1, 2009 to qualify," said (NAME, TITLE AT DEALERSHIP). "We know that isn’t very long, so we’re participating in Clayton Homes’ National Open House to help people look at homes, make a decision, get financing and be in their own home by the deadline."

The federal tax credit is just one benefit of buying and occupying a home by December 1st. Clayton, the nation’s largest homebuilder, is also offering buyers a $1,000 VISA Cash Card after closing.

"The housing industry is a major economic driver," said Kevin Clayton, President and CEO of Clayton Homes. "We hope our National Open House will not only help people move into home ownership, with all of its proven long term advantages, but also help the national economy."

To qualify as a ‘first time’ homebuyer you must either be making your first home purchase, or not have owned a home for at least three years.

"We think (NAME OF AREA) has a lot of people who can take advantage of this program," said (LAST NAME OF PERSON FROM HOME CENTER). "And with the strength of Clayton Homes behind us, we can get the financing in place quickly under any conditions. Add in a huge tax break and a $1,000 gift card and you’ve got about as good a deal as you’ll find anywhere, anytime."

The National Open House runs through September 30th.

November 20, 2009

Clayton Homes Receives LEED Green Building Certification Award Ceremony Held at Headquarters

Maryville, TN (November 20, 2009) – Clayton Homes announced today is has been awarded LEED certification, established by the U.S. Green Building Council and verified by the Green Building Certification Institute. LEED is the nation’s preeminent program for the design, construction, and operation of high performance green building. President and CEO of Clayton Homes, Kevin Clayton says, "We are very honored to have received this certification, but even more excited about reducing our impact on the environment. That’s something our team members here at Clayton Homes can be proud of when they come to work every day."

Today’s certification makes Clayton Homes only the 4th LEED-certified building in the state of Tennessee, and the 14th in the Southeast. Clayton Homes achieved LEED certification for its existing headquarters by maximizing operational efficiency, while minimizing environmental impacts. 'We use LEED standards as a road map to sustainability." says Jason Langston, Clayton Homes’ LEED project coordinator. "Some great examples include our onsite restaurant offering healthy choices called "The Greenway" as well as other environmental and healthy amenities. The result: team member do not have to leave the facility resulting in less environmental impact and healthier people."

"Clayton Homes' LEED certification demonstrates tremendous green building leadership," says Rick Fedrizzi, President, CEO and Founding Chair of USGBC. Fedrizzi is pleased the Berkshire-Hathaway company is sharing some of its best practices in its Home Building Facilities and Model Home Centers around the country. “Sustainability is something we’ve been interested in for years now, and we are using some of these same principals in the homes that we build for our customers,” says Clayton. Clayton Homes is the nation’s largest home builder, with more than 1.5 million homes built.

Earlier this year, Clayton Homes unveiled the Energy Star® rated i-house, featuring solar panels, a rain water catchment system, high-end "low e" windows, a tankless water heater, low-flow faucets, and easily renewable bamboo flooring. Clayton Homes was also recognized by the U.S. Environmental Protection Agency (EPA), the Systems Building Research Alliance and the Manufactured Housing Institute with five 2009 ENERGY STAR® Leadership in Housing Awards.

Clayton Homes is in good company with other LEED-ED Certified headquarters around the country, including McDonald’s World Headquarters in Illinois, Starbucks Center in Washington and the MGM Tower in California. "The green building movement offers an unprecedented opportunity to respond to the most important challenges of our time, including global climate change, dependence on non-sustainable and expensive sources of energy and threats to human health," says Fedrizzi.

LEED certification of Clayton Homes was based on a number of green design and construction features that positively impact the project itself and the broader community. These features include:

•   Achieved 50% in water savings


•   Achieved overall 33% in real energy savings


•   Recycling 53% of waste stream


•   Purchasing 60% of materials that include at least 10% post consumer content a sustainable and economical practice


•   Optimizing the building indoor air quality, through measuring and balancing outside air intake


•   Establishing metrics for the impact that our on-site GreenWay restaurant, exercise facility, outdoor amenities and GreenWay-to-Go programs have had on the reduction of carbon emissions from the availability of these enhancements


•   Offering recycling containers for TM's to bring in their home recyclables. We have established metrics that account reductions in carbon emissions by offering this benefit


•   Changing to eco-safe cleaning materials and cleaning equipment


•   Produced a complete operations manual (S.O.P.) based on our existing culture of being proactive in all building systems


•   Developed plan for complete site erosion and sedimentation control and complete site maintenance. 202 acres are currently under the GreenBelt Tax designation with 60 acres designated for hay

According to the USGBC, an initial sampling of other LEED-EB certified buildings found that an average return on investment is 2.6 years and annual net savings totaling more than $170,000. "While the ROI is meaningful, the real reward is in making a difference; no matter how big or small the changes, the more we can make a positive impact on our planet, the better," says Clayton.

Clayton Homes
A Berkshire-Hathaway Company, Clayton Homes is a national, vertically integrated housing company. Through its family of brands, Clayton Homes builds, sells, finances, leases, and insures a full spectrum of affordable housing and is the nation's in housing.

U.S. Green Building Council
The Washington D.C.-based U.S. Green Building Council is committed to a prosperous and sustainable future for our nation through cost-efficient and energy-saving green buildings.

With a community comprising 78 local affiliates, more than 20,000 member companies and organizations, and more than 100,000 LEED Accredited Professionals, USGBA is the driving force of an industry that is projected to soar to $60 billion by 2010. The USGBC leads an unlikely diverse constituency of builders and environmentalists, corporations and nonprofit organizations, elected officials and concerned citizens, and teachers and students.

Buildings in the United States are responsible for 39% of CO2 emissions, 40% of energy consumption, 13% water consumption and 15% of GDP per year, making green building a source of significant economic and environmental opportunity. Greater building efficiency can meet 85% of future U.S. demand for energy, and a national commitment to green building has the potential to generate 2.5 million American jobs.

LEED
The U.S. Green Building Council’s LEED green building certification system is the foremost program for the design, construction and operation of green buildings. The U.S. Green Building Council’s LEED rating system is the preeminent program for the design, construction and operation of green buildings. 35,000 projects are currently participating in the LEED system, comprising over 5.6 billion square feet of construction space in all 50 states and 91 countries.

By using less energy, LEED-certified buildings save money for families, businesses and taxpayers; reduce greenhouse gas emissions; and contribute to a healthier environment for residents, workers and the larger community.

USGBC was co-founded by current President and CEO Rick Fedrizzi, who spent 25 years as a Fortune 500 executive. Under his 15-year leadership, the organization has become preeminent green building, membership, policy, standards, influential, education and research organization in the nation.

November 9, 2009

ECONOMIC BOOST Clayton Believes Extending Home Buying Tax Credit Will Help Economy

KNOXVILLE, Tenn. – The President/CEO of America’s largest homebuilder said today that extending and expanding the tax credit for homebuyers has the potential to help businesses across the nation.

"Building homes helps build a growing economy," said Kevin Clayton, President and CEO. "The tax credit will further stimulate demand and encourage many people that may have been uncertain, to take the step and buy a home now. There couldn't be a better time to buy; rates are low, prices are very competitive and now the tax credit has been extended AND expanded. It's perfect."

The tax credit first put in place earlier this year was set to expire at the end of this month. On Thursday, Congress voted to not only extend the $8,000 first time buyer tax credit, but also to expand the offer to include a $6,500 credit for many who already own a home and are now ready for their next home. President Obama then signed the bill into law, meaning the tax credits will be in place on homes purchased through at least April 30, 2010.

"Clayton Homes will do all we can with every program to help people become homeowners." said Clayton. "It is an opportunity that will not be available again and buyers must demand the most for their money, while looking for the best value."

Clayton Homes has offered a variety of incentives in addition to the tax credit to help people make the decision to buy. Clayton said the firm is already looking at extending such offers or creating new ones now that the tax credits will remain in place.

"This is perfect for the homebuyer. And we’ll do everything we can to get more people into homes, keep our 12,000 employees working hard and do our part in helping the economy recover," said Clayton.

March 25, 2009

Clayton Homes Earns More Energy Star® Leadership In Housing Awards From EPA Than any Other Homebuilder

KNOXVILLE, Tenn. – (March 25, 2009) – Clayton Homes was recognized by the U.S. Environmental Protection Agency (EPA), the Systems Building Research Alliance and the Manufactured Housing Institute with five 2009 ENERGY STAR® Leadership in Housing Awards. Three of those awards went to Oregon building facilities in Hermiston, Albany and Stayton. No other homebuilder received as many of the prestigious awards as Clayton Homes.

The ENERGY STAR® Leadership in Housing Awards recognize housing companies that have made outstanding contributions to protecting the environment through superior energy efficiency. Clayton built over 2000 homes that were ENERGY STAR® rated in 2008 – which requires at least a 30 percent improvement on energy efficiency.

Companies that produced 150 or more ENERGY STAR® qualified manufactured homes in 2008, or that produced 85 percent or greater of all their manufactured homes as ENERGY STAR®, will be recognized for their achievements at the National Awards Luncheon at the National Congress & Expo on April 15, 2009 in Las Vegas, Nevada.

Of the 19 awards handed out this year, five of them went to Clayton. In addition to the three Oregon locations, Clayton was recognized for its building facilities in Lewistown, Pa., and Buckeye, Ariz. The Clayton facilities earning the awards build homes under the Golden West Homes, Karsten Homes, Marlette Homes and Schult Homes trade names.

Clayton, the nation’s largest homebuilder, has built 1.5 million homes since the company was founded 75 years ago. Clayton homes are precision-built in 35 state-of-the-art, climate-controlled facilities strategically located throughout the United States.

March 9, 2009

CUSTOMERS DRIVE AWARDS AT CLAYTON HOMES

KNOXVILLE, Tenn. – (March 9, 2009) – "Five Star Service Awards" don’t come easy from the nation’s largest homebuilder, Clayton Homes. The company polls more than 25,000 customers every year to determine which model home centers exhibit consistently outstanding levels of quality, customer service and customer satisfaction.

Clayton Homes recently awarded its Five Star Service Award to more than 200 company-owned and more than 80 independently-owned model home centers. The Clayton Five Star Service Award recognizes model home centers that have distinguished themselves by taking care of customers and providing homebuyers with the greatest home value for their money.

"We have always been a customer-focused and customer-driven company," said Kevin Clayton, President and CEO of Clayton Homes. "Our team members know that we expect every Clayton homebuyer to be a completely satisfied customer – and our model home centers take that very seriously."

Clayton has built 1.5 million homes since the company was founded 75 years ago. Clayton homes are precision-built in 38 state-of-the-art, climate controlled facilities strategically located throughout the United States.

December 8, 2009

Clayton Homes Expands Its Energy Efficient Housing Line
New e home Boasts Energy-Efficient Features in Affordable Setting

Maryville, Tenn. (December 8, 2009) – The nation’s largest homebuilder, Clayton Homes, is unveiling a new product in their line of energy-efficient housing, called the e home. These fully customizable homes feature an Energy Saver Plus package which is proven to save homeowners money. The Clayton ehome also leverages the environmentally friendly values of off-site construction. "These homes are built in climate-controlled building facilities, which drastically reduces waste," says Kevin Clayton, CEO of Clayton Homes. "Having energy-efficient features is just one part of it; what sets us apart from any other builder out there is the building process." Clayton estimates that construction waste is less than half what a traditional site-built home produces.

The e home also addresses the changing culture surrounding green building. Earlier this year, Clayton Homes launched the i-house and the response was overwhelmingly positive. Clayton says, "We have confirmed that there is a demand for energy-efficient housing." He says the ehome is an extension of that, bringing green features to Clayton Homes’ core customer. "We learned a lot in the i-house R&D process,' says Clayton. "We’re taking those best practices and applying them in a more traditional home." Clayton Homes has been building manufactured homes since 1934.

From low "e" Energy Star® rated windows to compact fluorescent lighting, the Clayton e home is equipped with energy-efficient features. "The cost savings that the home owner will enjoy are as much as $600 a year," says Clayton. Homeowners can maximize those savings by customizing their e home, using the company’s online configuration tool. The homeowner can select from a variety of floor plans, exterior cladding materials, color schemes, kitchens, baths, window placements, and interior design schemes with the click of a mouse.

The Clayton e home is now available for purchase. Customers can go to the dedicated e home website and customize their energy-efficient home. The price point is lower than the cost of the i-house, starting at under $49,000. Model homes are open for tours in 100 cities throughout the United States; for a complete list, visit www.claytonehome.com.

Clayton is committed to energy efficiency not just in the homes it builds, but in all aspects of its operation. Its corporate headquarters was recently awarded LEED certification, one of only 14 certified buildings in the Southeast.

April 16, 2009

HELPING HOMEBUYERS
Clayton Homes Pays Mortgage if Buyer Loses Job

KNOXVILLE, Tenn. – (April 15, 2009) – With economic uncertainty keeping some people from buying homes, Clayton Homes is taking steps to try and ease their concern by offering new homebuyers some help if they unexpectedly lose their job.

"We're making this commitment: if someone buys a home and then loses their job because of the economic downturn, we will make payments on their home for three months," said Kevin Clayton, President and CEO. "It won't cost the buyer a dime."

The goal is simple: encourage people to get into new homes and help them stay there, which should be good for the home buyer, good for the housing industry and good for the ailing economy.

"We hope no Clayton home owner ever needs this help, but we know by offering this benefit we can help ease some concerns and help more families become home owners," said Clayton.

The Payment Protection Program is applicable for new homes purchased between now and the end of June. If the monthly mortgage payment includes homeowners insurance and property taxes, Clayton absorbs those costs as well.

The program was designed with potential first-time home buyers in mind, who can also take advantage of the $8,000 tax credit passed as part of the Economic Recovery Act. "Similar programs to help homebuyers have given them a tax deduction, in effect reducing their taxable income," says Clayton. "This program actually reduces the taxes they owe dollar for dollar over a three-year period. That's a huge difference.'

Clayton, a Berkshire-Hathaway company, has built more that a million homes since 1934.

October 28, 2008

Clayton Showcase of Homes Goes Green
The i-house to be unveiled during the three-day event

KNOXVILLE, TN (October 28, 2008) – The Clayton Showcase of Homes returns to Knoxville Oct. 31 through Nov. 2 at the Knoxville Convention Center. This year, Clayton Homes will showcase its new i-house, a completely new concept in "green" housing, along with nearly 30 other designs.

For the past 34 years, the Clayton Showcase of Homes has given thousands of interested home buyers an opportunity to tour an entire neighborhood of new, fully-furnished homes. For the last five years, the show has been held inside the comfort of the convention center. With streets, sidewalks, landscaping and 29 new homes, the Knoxville Convention Center is transformed into a neighborhood.

"The Showcase provides an opportunity for people to tour a variety of homes and see how dramatically the homes have changed in recent years," says Kevin Clayton, CEO of Clayton Homes. "The homes they see at the Showcase are ready and available for purchase. The amenities are unbelievable – from nine foot ceilings and stone fireplaces to deluxe master suites with wet bars in the master bath. And, this year, they’ll get to see our new energy efficient i-house for the very first time."

The new i-house is Energy Star ready, which means the home is at least 30 percent more energy efficient than standard, traditional homes according to the Environmental Protection Agency (EPA). Although home buyers are likely to first notice the stylish design, cutting-edge color combinations and modern furnishings, the i-house also features solar panels, a rain water catchment system, high-end windows, a tankless water heater, low flow faucets and other energy saving items.

"Our unofficial motto is 'Best Home – Best Price' and we take that very seriously," says Clayton. It has been Clayton's mission since taking over as CEO ten years ago to produce housing that surpasses any home in look, quality, and value. It is a message, Clayton says, that seems to be resonating with the market in today's economy. More than 70 housing consultants from 18 Model Home Centers will be on hand at this year's event.

The Clayton Showcase of Homes begins at 9 a.m. Friday, October 31. There will be trick-or-treating at the i-house for children who attend the show on Friday evening. The event is open from 9 a.m. until 9p.m., Friday, Saturday and Sunday. Admission to the show is free and guests are served free hot dogs, drinks and popcorn. One-hundred dollar gas cards will be given away throughout the show; a drawing will be held every hour on the hour.

May 27, 2008

Contact: Laura Armstrong

(703) 558-0670

Top Industry Achievers Receive Prestigious National Industry Awards

Awards Presented at 2008 National Congress & Expo for Manufactured and Modular Housing in Arlington, VA – April 23, 2008 Members of the manufactured and modular housing industries gathered today at an awards luncheon to recognize individuals and companies for outstanding achievements. The National Industry Awards, presented during the 2008 National Congress & Expo for Manufactured and Modular Housing, recognized the highest achievers from all sectors of the manufactured and modular housing industries – communities, retailers, suppliers, lenders, manufacturers, developers and state associations.

"We are extremely proud of these individuals and companies for their vision, dedication and energy in enhancing and moving the manufactured and modular housing industries forward. These prestigious awards represent the highest achievement within the manufactured and modular housing industries and are a testament to the hard work and pride each winner has put into their business," said MHI President Gail Cardwell.

Retail Sales Center of the Year Awards:

The “Retail Sales Center of the Year” award entries were judged based on an entry statement, management philosophy, retail center aesthetics, marketing materials and community and industry involvement. The independent panel of judges selected the following Clayton Home Centers:

• •  (Northeast/Mid-Atlantic) – Clayton Homes Ridgeway, Ridgeway, VA
• •  (West) – Clayton Homes Evans, Evans, CO

National Awards

Every year industry leaders vote for the individuals and companies that are considered the best in their class. This year’s winners have shown great leadership and commitment to the industry over the last year. These award winners have been chosen by their peers to be honored with the prestigious 2008 manufactured housing industry awards. Among others the most notable is:

• •  Manufacturer of the Year – Clayton Homes, Maryville, TN

Every year industry leaders vote for the individuals and companies that are considered the best in their class. This year’s winners have shown great leadership and commitment to the industry over the last year. These award winners have been chosen by their peers to be honored with the prestigious 2008 manufactured housing industry awards. Among others the most notable is:

Contact: Chris Nicely

Phone: (865) 380-3000

Fax: (865) 380-3788

Clayton Homes Presents the 33rd Annual Showcase of Homes Features First Ever Clayton, New Home Giveaway.

KNOXVILLE - The 33rd annual Clayton Showcase of Homes will run October 19-21, 2007, in the Knoxville Convention Center in downtown Knoxville, Tenn. The event is open to the public Friday through Sunday from 9:00 a.m. to 9:00 p.m. This is a unique opportunity to tour 29 new model homes - all built inside the Knoxville Convention Center. Home buyers will find the best value in housing in the most advanced housing product available today. Housing specialists and loan officers will be on site to answer questions and provide solutions. Admission is free, as it has been for 33 years.

"We design and build new homes that shoppers in the Southeast can see first every October in Knoxville," said Kevin Clayton, CEO Clayton Homes. "Buyers may tour the latest models and take advantage of pre-market pricing as well as special extras and bonuses made available at the show," Clayton continued. "The homes that participants will view were built in 10 building facilities surrounding east Tennessee." Clayton concluded, "It is an unusual opportunity for home buyers to have this many homes fully decorated and available for viewing in one location."

Celebrating the new models, Clayton will be giving one person the chance to win a brand new Clayton Homes. Twenty-five thousand mailers and fifteen thousand additional game cards will be distributed to give people in Knoxville and the Southeast a chance to win. No purchase is necessary, but each participant must scan a game card at an automated reader located at the Showcase of Homes. This marks the first time Clayton has offered one of its homes as the grand prize in any contest. In addition, any one not winning the new home will be entered into a drawing for a guaranteed daily winner of a $1,000 gift card.

The Showcase of Homes will help buyers to realize the Clayton advantage by turning a shopping experience into a buying opportunity. Vanderbilt Mortgage and Finance loan officers will be available to provide buyers with the very best competitive mortgage programs available, allowing buyers to understand the possibilities of home ownership, and to move to make their best deal.

Homes feature trusted brand name products from Shaw, Formica, GE, Johns Manville and Moen. In addition to quality materials used in building the homes, each floor plan boasts layouts targeting today's busy lifestyles. From luxury baths and gourmet kitchens featuring solid surface countertops and stainless steel appliances, to spacious master suites and comfortable, open great rooms, the Showcase of Homes offers homebuyers custom home options to suit every need. Many of the homes also earn the Environmental Protection Agency's Energy Star® seal of approval providing the highest possible energy efficiency rating in housing today. All Clayton homes are available with the Energy Star® package.

About Clayton Homes:

Clayton Homes, Inc., (www.claytonhomes.com) and its subsidiary companies ("Clayton") together make up a vertically integrated manufactured housing company with 41 home building facilities, distributing through 451 company-owned home centers, and more than 1,200 independent retailers throughout the country. Clayton Homes, Inc. also provides financing for 330,000 customers and insurance protection for 160,000 families. In addition, Clayton is currently developing 13 large-scale housing developments.

Contact: Chris Nicely

chris.nicely@clayton.net

(865) 380-3000

Clayton Finds Home in Omaha

An expected crowd of more than 25,000 shareholders will attend this year's Berkshire Hathaway shareholders meeting in Omaha, Nebraska, on May 5. The largest Berkshire product evident as you enter the exhibit hall of Omaha's Qwest Center, will be the featured home of Clayton Homes, headquartered in east Tennessee. This home is designed for making higher-end amenities available to working American families. Described by Clayton Vice President of Marketing Chris Nicely as a rancher home with a "Summer Front Porch", he said that the home is "perfect for families wanting the best home at the best price." Nicely continued, "this home is perfect for active, growing families, with ample room to gather because of the open design of the kitchen, dining room and family room. It is an incredible value for the housing dollar."

For the fourth straight year, Clayton has spotlighted a featured home at the Berkshire Hathaway annual shareholders meeting. This year a spacious rancher style home, retailing for $139,000 (excluding land) is capturing the attention of everyone. The home was built in a Clayton manufacturing facility in Redwood Falls, MN and transported the short 266 miles to Omaha. However the model is available in many of the Clayton home centers and is available in 38 states. Over 1790 square feet at $78 a square foot, answers the needs of most American families with a mortgage of around $800 a month ($20% down and a rate of 8%).

In the 2006 shareholders letter, Warren Buffett stated "Clayton Homes remains an anomaly in the manufactured housing industry, which last year recorded its lowest unit sales since 1962." Buffett continued, "the driving force behind the company's success is Kevin Clayton. Kevin knows the business forward and backward, is a rational decision-maker and a joy to work with." Clayton quickly retorts that it is "a team of great people focused on a common goal that allows us to achieve anything."

Buffett added in his letter, "This year we will again showcase a Clayton Homes (featuring Acme brick, Shaw carpet, Johns Manville insulation, MiTek fasteners, Carefree awnings and NFM furniture). You will find that the home, priced at $139,900, delivers excellent value."

About Clayton Homes:

Clayton Homes, Inc., (www.claytonhomes.com) is a vertically integrated manufactured housing company with 41 building facilities, distributing through 447 company-owned retail outlets, and more than 1200 independent retailers in the country, and provides financing for 330,000 customers and insurance protection for 160,000 families. Clayton also owns and operates 13 subdivisions.

Facts about the home being displayed:

• Chateau Elan
• • $139,000 including set up and A/C, perimeter brick wall, masonry front steps


• • 1796 sq. ft. excluding porches.


• • $78/sq. ft.


• • Home is an off frame Modular.


• • Can be built on a basement.


• • Delivery, paint, furniture, décor (NOT included in price).


• • Home is available in 38 states.


•  


• • More information - www.claytonhomes.com.

April 11, 2007

Contact: Chris Nicely

(865) 380-3000

CLAYTON RECEIVES MANUFACTURER OF THE YEAR AWARD, Recognized by industry peers for unprecedented 7th time

Maryville, TN - Clayton was named 2007 "Manufacturer of the Year" by the Manufactured Housing Institute (MHI) at the National Congress and Expo for Manufactured and Modular Housing in Las Vegas, NV, on April 11. The recognition from MHI marks the seventh year that Clayton and its subsidiaries have been awarded the industry's most prestigious accolade awarded by industry peers.

Clayton received this prestigious recognition for company-wide focus on stability, customer satisfaction, safety, quality, diversity, consistency, and training. While the Manufacturer of the Year was the pinnacle of recognition, Clayton was acknowledged with several other awards including recognition for innovative home designs by two of Clayton's Family of Brands, Marlette Homes and Giles Industries for home designs over 1800 square feet and homes under 1200 square feet.

"We are proud to build high-value, affordable homes of superior quality to homebuyers across the country," said Rick Strachan, President of Clayton Homes Manufacturing. "This prestigious award is a great tribute to the tremendous effort of all our team members and the emphasis Clayton places on delivering the best home for the best price."

Adding to the weight of the ceremonies, Kevin Clayton, CEO of Clayton, was recognized as the "2007 Industry Person of the Year". Clayton remarked, "An award like this is indicative of the entire company and the lengths we go to in our retail, manufacturing and financial services divisions to bring the best we have to offer to the home buyer. It is also a testimonial to our commitment to community and our team's involvement in the towns in which they live. I accept the award for the more than 13,000 team members working every day to delight our customers."

"Exceptional role models have been honored for their significant contributions and extraordinary dedication to the manufactured housing industry. With their innovative thinking and "can-do" attitudes, they have promoted a positive image for the industry and demonstrated the industry's true potential. We are proud of their many accomplishments," said Gail Cardwell, President of MHI

About Manufactured Housing Institute:

MHI is the national trade organization representing all segments of the manufactured and modular housing industries including manufacturers, retailers, community owners, suppliers, financial institutions, state associations and developers.

About Clayton Homes:

Clayton Homes, Inc., (www.claytonhomes.com)is a vertically integrated manufactured housing company with 41 building facilities, distributing through 448 company-owned retail outlets, and more than 1200 independent retailers in the country, and provides financing for 330,000 customers and insurance protection for 160,000 families. Clayton also owns and operates 13 subdivisions.

CMH Manufacturing:

CMH Manufacturing is a division of Clayton Homes and builds homes under the Clayton, Crest, Giles, Golden West, Karsten, Marlette, Norris, Oakwood, Schult and Southern Energy brand names. Building and supplying homes to thousands of families from coast to coast, CMH Manufacturing delivers the Best Home Best Price™ available.

Chris Nicely

chris.nicely@clayton.net

(865) 380-3000

Maria Vargas

vargas.maria@epa.gov

(202) 343-9451

EPA Names Clayton Homes', CMH Manufacturing 2007 Energy Star® Partner of the Year

Clayton Homes' CMH Manufacturing earns award for protecting the environment through energy efficiency [Maryville, TN] – The U.S. Environmental Protection Agency (EPA) has named CMH Manufacturing, a division of Clayton Homes, as a 2007 ENERGY STAR® Partner of the Year for its outstanding contribution to reducing greenhouse gas emissions by building energy-efficient homes. CMH Manufacturing’s accomplishments will be recognized at an awards ceremony in Washington, D.C. on March 21, 2007.

CMH Manufacturing, an ENERGY STAR® partner since 2002, is being honored for building homes that meet EPA’s strict guidelines for energy-efficiency. ENERGY STAR® qualified new homes use substantially less energy for heating, cooling, and water heating – homeowners can expect to save about $200-$400 annually on their utility bills. Currently over 5,500 builders across all 50 states are constructing homes that meet EPA’s regulations for energy efficiency. More than 500,000 families now live in ENERGY STAR® qualified homes.

"We know that building energy efficient homes is a win for consumers and the environment." said Rick Strachan, President of CMH Manufacturing. "Our homes offer comfort and reliability, all while saving consumers money and protecting the planet. Our partnership with ENERGY STAR® makes this possible."

The 2007 Partner of the Year Awards are given to a variety of organizations to recognize their contribution to the creation of energy-efficient homes. Homes that have earned the ENERGY STAR® benefit the environment by providing homeowners with quiet and comfortable homes that save money on utility bills. Winners are selected from over 9,000 organizations that participate in the ENERGY STAR® program.

Last year alone, Americans with the help of ENERGY STAR®, saved $14 billion on their energy bills and reduced greenhouse gas emissions equivalent to those of more than 25 million vehicles.

"Partners like CMH Manufacturing are building a new generation of homes that reduce our impact on the environment," said Bill Wehrum, acting assistant administrator for EPA's Office of Air and Radiation. "Each ENERGY STAR® qualified new home prevents 4,500 pounds of greenhouse gas emissions each year, while giving homeowners greater comfort and lower energy bills."

About Clayton Homes:

Clayton Homes, Inc. (http://www.claytonhomes.com) is a vertically integrated manufactured housing company with 41 building facilities, distributing through 444 company-owned retail outlets, and more than 1200 independent retailers in the country, and provides financing for 330,000 customers and insurance protection for 160,000 families. Clayton also owns and operates 13 subdivisions.

CMH Manufacturing:

CMH Manufacturing is a division of Clayton Homes and builds homes under the Clayton, Crest, Giles, Golden West, Karsten, Marlette, Norris, Oakwood, Schult and Southern Energy brand names. Building and supplying homes to thousands of families from coast to coast CMH Manufacturing delivers the Best Home Best Price™ available.

About ENERGY STAR®:

ENERGY STAR® was introduced by the U.S. Environmental Protection Agency in 1992 as a voluntary market-based partnership to reduce greenhouse gas emissions through increased energy efficiency. Today, ENERGY STAR® offers businesses and consumers energy-efficient solutions to save energy, money and help protect the environment for future generations. More than 9,000 organizations are ENERGY STAR® partners committed to improving the energy efficiency of products, homes and businesses. For more information about ENERGY STAR® , visit http://www.energystar.gov or call toll-free 1-888-STAR-YES (1-888-782-7937).

CMH home as featured in the. . .

New York Times features CMH Home in September 1st issue.

The featured home is a 1710 square foot home with attached garage, sited on a 1/4 acre lot with views of the Smokey Mountains in Knoxville Tennessee. Situated in Eagle Creek, a Wimbledon Properties subdivision, the home includes every amenity imaginable. It is perfect for a second home or retirement residence.

Standard features include:

• Georgia Pacific® vinyl siding
• Centurion® Stone foundation
• GAF® 30 year architectural shingle
• "2/10" Home Warranty
• Moen® faucets
• 9 ft. ceiling throughout
• Crown moulding
• 42" raised panel solid oak cabinets
• Recessed kitchen lighting
• GE 18 cubic foot refrigerator w/ice maker
• GE 30" free standing range w/ built in microwave
• GE dishwasher
• GE disposal
• Shaw® carpeting
• Exterior security lighting
• Professional landscaping
• "2/10" Home Warranty
• Finished and insulated garage

With these standard features the comprehensive (land and home) price is $171,000

The options package for the featured home includes:

• Insulated exterior Crane® board
• Pendant kitchen lighting
• GE Stainless steel appliance appearance package
• High back whirlpool tub
• Leaded glass feature front door
• Levered door handles
• Transom top lite windows and arched transom top picture window
• Sodded front yard and upgraded landscaping

With the option package, the price for this home sited in Knoxville, TN, with the lot included, totals $193,000

Clayton builds more than 1500 floor plans and goes to market under eight brands including Clayton, Schult, Oakwood, Marlette, Crest, Norris, Golden West and Karsten, available from 2000 Clayton retailers nationwide.

Contact: Chris Nicely

(865) 380-3000

Clayton Announces Acquisition of Southern Energy

Knoxville, TN - August 15, 2006 Clayton Homes, the nation's largest builder and retailer of manufactured housing, today announced that they have entered into a definitive Merger Agreement with Southern Energy Homes, Inc (SEHI - PK). Under the terms of the agreement, Southern Energy Homes, Inc.'s stockholders will receive cash of $8.50 per share in the merger.

Upon completion of the transaction, Southern Energy Homes, Inc. will become a wholly owned subsidiary of Clayton Homes. Southern Energy operates seven (7) manufacturing facilities producing more than 7000 homes annually and selling into more than twenty states. Southern Energy is currently marketed under five brand names and sold to over 350 nationally recognized premier retailers.

Rick Strachan, President of Clayton Manufacturing said, "We have long admired Southern Energy's unique product offerings and design characteristics which will further complement and enhance Clayton's distribution into prime markets."

Chief Executive Officer of Southern Energy Homes, Keith Holdbrooks, stated, "After 25 years of providing flexible, high value homes to our buyers, we recognized that a union of strength was required to leverage our experience, delivering even more value to our customers. By strengthening our position in future markets, we further the growth of our company and opportunities for our people."

Founded in 1982 by Wendell Batchelor, Southern Energy achieved immediate success in the market experiencing steady demand and growth. Recognized as an innovative homebuilder at all price points, Southern Energy is renowned for its creativity and home customization offerings.

Kevin Clayton, CEO of Clayton Homes, remarked, "We are enthusiastic about the opportunity to engage a team with such a rich heritage established by Wendell Batchelor and nurtured by Keith Holdbrooks. Southern Energy's 1500 dedicated team members will unite with Clayton to exceed customer expectations by delivering the best homes at the best price.

Closing of the transaction is subject to customary conditions, including additional due diligence and obtaining certain consents and regulatory approvals. The transaction is expected to close in the next 60 days.

About Southern Energy Homes, Inc.

Southern Energy Homes, Inc. (www.sehomes.com) was founded in 1982 in Addison, Alabama. Southern Energy manufactures homes that are marketed primarily through more than 350 independent dealers in 21 states. The Company's brands include Southern Energy, Southern Estates, Southern Homes, Southern Energy of Texas and Giles Homes.

Clayton Homes, Inc.

Clayton Homes, Inc. and its subsidiaries (www.claytonhomes.com) make up a vertically integrated manufactured housing company with 36 building facilities, 448 company-owned stores, more than 1,400 independent retailers and financial services operations that provide mortgage services for more than 435,000 customers and insurance protection for 135,000 families.

May 6 , 2006

Clayton Takes Center Stage at Annual Berkshire Hathaway Shareholders' Meeting

(Omaha, NE - May 6, 2006) An expected crowd of more than 24,000 shareholders will attend this year's Berkshire Hathaway shareholders meeting. In the exhibit hall of Omaha's Qwest Center, where shareholders come to review Berkshire Hathaway products, center stage belongs to two Clayton Homes.

Chris Nicely, Clayton vice president of marketing, describes these homes as front loaded homes, that are "perfect for narrow lot applications, city infill and development projects, and the redevelopment needs of the gulf coast areas of Mississippi and Louisiana".

"With styling featuring front porches" Nicely continued, "these homes are perfect for subdivision development, and represent a great value for the housing dollar."

"Charlie's Crib"

At a retail price of only $89,000* which includes set up and A/C, this Clayton Homes offers 1800 sq ft (excluding porches) at a modest $46/sq.ft.

Clayton vice president of marketing, Chris Nicely (r) inspects the two Clayton Homes being readied for the Berkshire Hathaway shareholders' meeting in Omaha with BRK Co - Chairman Warren Buffett (l).

For the third straight year, Clayton has featured homes at the annual shareholders meeting. This year, two houses retailing for $79,000 and $89,000 (excluding land) are capturing the attention of everyone.

In the 2005 shareholders letter, Warren Buffett stated "The star of our finance sector is Clayton Homes, masterfully run by Kevin Clayton." Clayton quickly retorts that it is "a team of great people focused on a common goal that allows us to achieve anything."

Always well covered by domestic media, this year’s meeting will attract an international crowd as well, including international press. It is expected that 550 international investors will be attending this year, the highest level ever. Berkshire Hathaway holds 43 different companies and generated $8.5 Billion dollars in net income in 2005.

Headquartered in Knoxville and Maryville, Clayton was acquired by Berkshire Hathaway three years ago and has been a rising star of the show ever since.

Acquiring Oakwood Homes out of bankruptcy, 21st Mortgage, Fleetwood Retail Corporation, Karsten Manufacturing as well several high profile loan portfolios, Clayton has been quietly growing to include 36 manufacturing facilities, 453 company owned retail sales outlets with more than $17 Billion in portfolio for over 400,000 customers and insurance protection for 135,000 families.

With a retail price of only $79,000* which includes set up and A/C, this Clayton home offers 1703 sq ft (excluding porches) at a modest $42/sq.ft.

Clayton team members discuss development options and strategies with shareholders at Berkshire Hathaway shareholders meeting exhibit hall.

The more than 14,000 team members that comprise Clayton are now recognized as the largest manufactured home builders, retailers and financiers in the country.

Facts about Charlie's (as in Munger) Crib and Warren's (as in Buffett) Pad, the names the Clayton team gave the homes for the meeting, are:

• • Homes displayed for narrow lot, urban renewal and coastal restoration (as in the case of Katrina rebuilding)
• • Homes were built in Redwood Falls, MN
• • Homes as shown are Modular; can also be built as HUD home
• • Can be built on a basement

*Some options shown are not included in the prices shown - a buyer must spec out a home with a housing consultant at a participating CMH retailer for complete home price.

Options not included in price:

Delivery, paint, furniture, brick foundation, box bays, tray ceiling, GE premium package (but kitchen appliances are included), washer/dryer, deluxe electrical pack, some bath and counter features.

Questions about Clayton Homes?

Contact: Chris Nicely

Vice President, Marketing

Clayton Homes, Inc.

865.380.3000 ext. 5431

Contact: Cheryl Hardee

703-558-0668

Clayton Homes/Golden West Awarded For New Manufactured Home Design

(Arlington, VA – April 19, 2006) Clayton Homes/Golden West has received the Manufactured Housing Institute’s (MHI) National Industry Award for "Production Multisection Manufactured Home over 1,800 square feet” for its "Golden Exclusive 621 FT” model. The award was presented today during the 2006 National Congress & Expo for Manufactured and Modular Housing, in Las Vegas, NV

"Clayton Homes/Golden West has been honored for its excellence in home design and innovation. This year’s award winners demonstrate how the industry responds to the desires of homebuyers by building beautiful homes, with exceptional floor plans, and with the conveniences people demand for today’s lifestyle. We are proud of the accomplishments of these award winners. They are showcasing the best of what this industry builds today and are contributing to improving the industry’s position in today’s housing market,” said Chris Stinebert, president of MHI

This was developed as a flex home that can be built as a two- or three-section home in order to incorporate different markets. The floor-plan versatility lends itself to medium and large families, and the full-width porch across the front creates a usable area to enjoy.

The National Industry Awards are presented annually. Entries submitted for awards in the "Production Multisection Manufactured Home over 1,800 square feet” category were judged by an independent panel of architects and building professionals.

MHI is the national trade organization representing all segments of the manufactured and modular housing industries, including manufacturers, retailers, community owners, suppliers, financial institutions, state associations and developers.

Contact: Cheryl Hardee

703-558-0668

Freedom Homes Named Manufactured Home Retail Sales Center of the Year (Northeast/Mid Atlantic)

(Arlington, VA – April 19, 2006) Freedom Homes, Beaver, WV, has received the Manufactured Housing Institute’s (MHI) National Industry Award for "Manufactured Home Retail Sales Center of the Year (Northeast/Mid Atlantic)." The award was presented today during the 2006 National Congress & Expo for Manufactured and Modular Housing, in Las Vegas, NV.

"Freedom Homes has been honored for its excellence in retail sales center design, display of model homes, marketing, management, and community and industry involvement. Its hard work, innovative thinking, and determination to promote a positive image for this industry are the reason for its success. Leaders such as this will help propel the industry to its highest potential," said Chris Stinebert, president of MHI.

The Freedom Homes motto is "We sell satisfaction!” During 2005, this sales center scored 100 percent in the Clayton Homes Customer Satisfaction Index program because 104 of 104 home buying customers say that they would buy another home from Freedom Homes of Beaver. Inside the office, potential homebuyers can read numerous letters from enthusiastic Freedom Home’ customers.

The sales center and display homes are kept in top condition with each member of the sales center team sharing the responsibility to maintain the appearance and safety of the sales center. The Freedom Homes staff has a reputation in the local and surrounding communities for honesty and integrity and for providing excellent service to their homebuyers. Freedom Homes’ general manager, Rocky Mills, says, "It all comes down to service… It doesn’t matter where you purchase or what you pay for your home, if you didn’t end up happy, you didn’t get a good deal."

The National Industry Awards are presented annually. Entries submitted for awards in the Retailer of the Year category were judged by an independent panel of professionals within the planning, community development, realtor, and homebuilding professions.

MHI is the national trade organization representing all segments of the manufactured and modular housing industries, including manufacturers, retailers, community owners, suppliers, financial institutions, state associations, and developers.