Palm Harbor Homes

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Palm Harbor Homes, Inc.
Subsidiary
Industry Factory-built Housing
Founded 1977
Founder Lee Posey (1934 - 2008)
Headquarters Addison, Texas, United States
Key people
Larry H. Keener - Chairman, President and CEO
Kelly Tacke - Executive VP, CFO, Corporate Secretary
Number of employees
2,900
Parent Cavco Industries
Website www.palmharbor.com

Palm Harbor Homes is an American manufacturer and marketer of factory-built homes.[1] Palm Harbor Homes is one of the nation's largest builders of manufactured homes and modular homes.[1] The company markets nationwide through vertically integrated operations, encompassing manufactured and modular housing, finance and insurance. Palm Harbor markets its homes through 87 company-owned model centers, 12 building centers and approximately 275 independent dealers, builders and developers in 27 states. Based in Addison, Texas, a North Dallas suburb.[2]

Palm Harbor Homes was founded on December 31, 1977 by Chairman Emeritus, Lee Posey (1934–2008).[3]

Palm Harbor's focus is the high-end, customized niche of the modular home market. Four out of five homes produced in its 9 manufacturing facilities across the country are personalized or customized with owner-selected features.[1]

Palm Harbor's vertically integrated marketing and manufacturing organization includes:

Nationwide Homes is the Company’s modular home subsidiary and is based Martinsville, Virginia. Nationwide has been building modular homes for over 50 years.

CountryPlace Mortgage is Palm Harbor’s finance subsidiary and offers origination and service capabilities to buyers of factory built homes as well as a variety of financing options including conforming loans.

Based in New Braunfels, Texas the company's insurance subsidiary, Standard Casualty Company, is a property and casualty insurer. For over 40 years, Standard has offered insurance packages specializing in manufactured homes.

Palm Harbor Homes was listed on the NASDAQ stock exchange under the ticker symbol: PHHM[4]

After a bankruptcy, Palm Harbor was acquired by Cavco.[5]

References[edit]

  1. ^ a b c "Modular Homes Manufacturers". Palm Harbor Homes. Retrieved 2010-06-15. 
  2. ^ "Contact Us." Palm Harbor Homes. Retrieved on January 7, 2010.
  3. ^ http://www.palmharbor.com/our-company/company-overview/our-history/ www.palmharbor.com: Our History
  4. ^ https://finance.yahoo.com/q/pr?s=PHHM Yahoo Finance: Palm Harbor Homes: PHHM
  5. ^ Cavco Industries wins $84M bid for Palm Harbor

External links[edit]