SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rat dog micro-cap picks...

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: xcr600 who wrote (26098)9/9/2005 2:44:10 PM
From: xcr600  Read Replies (1) of 48462
 
Clayton Homes Inc., the country's largest manufactured housing company, said it has also received a FEMA order, but did not specify an amount.

"This past Sunday we got the order from FEMA to ship 1,800 homes to a staging area outside Texarkana, Texas. And those homes began shipping immediately," Clayton spokesman Chris Nicely said Thursday.

Clayton is pulling homes off 370 of its 475 sales lots from Colorado to Delaware to meet the FEMA order, while negotiating to supply another 800 units from its 36 factories "almost immediately," Nicely said.

"We have examined our capacity and every one of our manufacturing facilities will be ramping up to meet the need," he said.

Nicely described the units as "single section, easily moved and easily set up" models intended to provide "short-term shelter and long-term housing solutions for the areas hardest hit by the hurricane."

Maryville, Tenn.-based Clayton, a subsidiary of Warren Buffett's Berkshire Hathaway, said it expects to make a profit on the deal, but it may be intentionally slim.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext