Cavco Named to Forbes List of America’s Best Mid-Sized Companies for 2022
(Source: Fleetwood Homes) — Cavco Industries, Inc was recently named to the Forbes America’s Best Mid-Sized Companies list for 2022. To rank these top 100 performers, Forbes analyzed more than 1,000 companies with market capitalization between $2 billion and $10 billion based on stock returns, return on equity, sales growth, and earnings growth over the last five years, with more weight given to data from the last 12 months.
“This recognition from Forbes reflects the commitment of our team to provide the best affordable, high-quality homes, loans, and insurance for our customers,” said Bill Boor, President and Chief Executive Officer of Cavco Industries, Inc. “For over 50 years, Cavco has worked to increase its positive impact on the lives of its customers and its team members, as well as in communities it serves.
Cavco is a leading designer and builder of factory-built structures including manufactured homes, modular homes, commercial buildings, park model RVs, and vacation cabins. The company has distribution points in 43 United States and in Canada, through its 40 retail stores and 26 production lines – and employs approximately 6,100 people. In 2021, Cavco delivered over 18,000 homes. Provided over $165 million in financing to homebuyers, insured homes for over 60,000 homeowners, and provided fast and efficient claims assistance to over 5,200 homeowners. Cavco is the third-largest U.S. builder of manufactured homes, with a 12% share of that market. Our insurance group, Standard Casualty, offers a wide range of insurance products for manufactured homeowners, and its finance subsidiary, Country Place Mortgage, supplies a variety of homebuyer financing options.
Cavco offers manufactured, modular, and park model homes under the brand names: Fleetwood Homes. Palm Harbor Homes and Cavco Homes. The Factory-Built Housing segment includes wholesale and retail systems-built housing options. The company was founded in 1965 and is headquartered in Phoenix, Arizona.
