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| Type | Public (NASDAQ: CHB) |
|---|---|
| Founded | 1953 |
| Headquarters | Auburn Hills, Michigan |
| Industry | Mobile and modualar home manufacturing |
| Employees | 5,000+ |
| Website | www.championhomes.net |
Champion Homes, or Champion Home Builders (NASDAQ: CHB), is a mobile and modular home manufacturing company. It is the largest modular homebuilder in North America. 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 since 1995.
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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.
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.
Champion Homes is still headquartered in Michigan, but in Auburn Hills rather than Dryden, and has 32 manufacturing facilities located across the United States and Europe. Worldwide, Champion Homes employs over 5,000 people. To date, Champion Homes has built over 1.7 million factory-built houses for North American homebuyers.
In 2005 there was a lawsuit (Christensen v. Fashion-Fain Homes) filed against Champion Homes for breaching a warranty on a double-wide mobile home which had been apart for years, not months as was alleged as of the selling (September 2003), resulting in severe water-damaged; having a high amount of mold and mildew. Fashion Fain Homes is the dealer that sold the defective house, and the house was being used as model on the Fashion Fain site. The result of the lawsuit was $45,000.00 for the plaintiff. [1]
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