Clayton Reports Q2 Sales Growth

MarketWatch tells MHProNews Clayton Homes second quarter 2012’s pretax earnings increased 45% due to increased sales. In a regulatory filing, Berkshire Hathaway reported homes sales increased $40 million, or 11%, in the second quarter. For the first six months of 2012, home sales jumped 16% to $103 million. The filing said the increased sales were based on lower average prices of homes sold. Warren Buffett, CEO of Berkshire Hathaway, of which Clayton is a subsidiary, has said economic expansion is dependent upon domestic housing recovery. Clayton Homes is the largest producer of manufactured housing in the United States.

(Photo credit: Clayton Homes))

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