Cavco Named to Forbes List of America’s Best Mid-Sized Companies for 2022 – Cavco Texas Retail Store Palm Harbor Homes Wins Local Best Business Award
Source: Forbes Media – 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 1000 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 the communities it serves.”
Cavco is a leading designer of factory-built structures including manufactured homes, modular homes, commercial buildings, park model RV’s, and vacation cabins. The company has distribution points in 43 U.S. states and in Canada, through its 40 retail stores and 26 production lines – and employs approximately 6,100 people. In 2021, Cavco delivered over 18,00 homes, provided over $165 Million in financing to homebuyers, insured homes for over 60,000 homeowners, and provided fast and efficient claims assistance to our 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 of manufactured homeowners, and its finance subsidiary, CountryPlace Mortgage, supplies a variety of homebuyer financing options.
Previously, Cavco appeared on Forbes list of America’s Best Small Companies for 2014.
Palm Harbor Homes in Victoria, Texas Wins “Best of the Best” Manufactured Homes Business
Source: Victoria Advocate – Located at 1709 E. Houston Highway, Palm Harbor Homes won the best-manufactured home business for the fourth year in a row.
“I think we’re right where we’re supposed to be,” JR Shelby, general manager said through a chuckle. “Our customers are seeing it, the community is seeing it and I definitely agree with it. I’m thankful that our customers feel the same way,”
The company has been selling manufactured and modular homes to the community since 1988.
A key to the company’s continued success starts with customer service, first and foremost, Shelby said. Following that comes quality construction that goes into the homes, he added.