The Daily Business News (DBN) on MHProNews has been told by informed sources that Berkshire Hathaway owned Clayton Homes plans to increase their industry dominance in the retail sector.
Strategies to accelerate their dominance will be accelerated in the coming months, per sources in the Manufactured Housing Institute (MHI), among independents and those within Clayton’s team.
Related: Warren Buffett’s Berkshire Hathaway Clayton Homes Latest Buyout Move
Related: Regulation Nation – Manufactured Housing Associations, Companies and Professionals
In Tulsa, Oklahoma’s ‘manufactured home row,’ the majority of the HUD Code retailers there are now corporate stores, instead of independents. The buyout by Clayton of award winning Home Mart is just accelerating the process that the Atlantic projected in a story that sparked controversy a few years ago.
Now those concerns and report comes on the heels of word that Clayton’s manufacturing ‘doesn’t have a choice,’ per high level sources within Clayton Homes, but to provide homes for disaster relief to the Federal Emergency Management Agency (FEMA).
That says award-winning retailer Bob Crawford, “…all of us independents are going to feel that hit and, depending on your suppliers, that could be a BIG hit,” the message to MHProNews read.
Related: FEMA, Clayton – Growing Threat to Independent Non-Corporate Companies from Omaha
There are several reports of how independents are planning to – or already are – adapting to the growing “threat” of Berkshire Hathaway’s dominance of the manufactured housing industry, including at the retail and production levels.
Neither MHI nor Clayton has yet responded to MHProNews about these growing industry concerns.
That will be the focus of upcoming reports on the MHProNews. ## (News, analysis.)
(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)
Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.