Clayton Homes, Inc., along with its subsidiaries, engages in the production, sale, finance, and insurance of low to medium-priced manufactured homes. The company operates in four segments: Retail, Manufacturing, Financial Services, and Communities. The Retail segment sells the company’s and third party’s homes to retail customers. The Manufacturing segment builds homes for company-owned and independent retailers. The Financial Services segment provides retail financing for manufactured homes; reinsures risk on family protection and physical damage; and homebuyer protection plan insurance policies. It also offers certain specialty finance products. The Communities segment owns and operates manufactured housing communities. The company was founded by James L. Clayton in 1966 and is based in Maryville, Tennessee. Clayton Homes, Inc. is a subsidiary of Berkshire Hathaway, Inc., as of December 31, 2003.