The Athens (TX) City Council adopted a resolution in support of the Athens Economic Development Corp.’s $300,000 incentive package for jobs created by Clayton Homes bringing a manufacturing plant to the city, according to athensreview.
The council agreed to a property tax rebate for Clayton over a five-year period, beginning with 100 percent, dropping to 65 percent the second year, 45 percent the third year, and 25 percent each of the two remaining years. Athens, TX is just southeast of Dallas. As MHProNews knows, Texas is the number one shipment state for manufactured homes in the U. S.
Meanwhile, Clayton is celebrating its 60th year in business. Founded by Jim Clayton in 1956 with one retail center in Knoxville, Tennessee, the company has become one of the largest homebuilders in the nation, as reported by prnewswire.
Kevin Clayton, Jim Clayton’s son and current CEO, said, “I’m so proud of the level of quality and innovation our homes have attained over the last 60 years. This year we predict over 34,000 families will trust us to help them find the best home for their lifestyle and know that we will be there long after their purchase.”
In 2003 Warren Buffett’s Berkshire Hathaway acquired Clayton. ##
(Photo credit: prnewswire-Clayton Homes on Clinton Highway, Knoxville TN)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.