In its attempt to grow in Pennsylvania and New York, Clayton Homes has acquired G&I Homes of Frankfort, New York according to uticaod. Founded by Gerald and Irene Bushey in 1965, the six upstate manufactured home locations will continue to be run by members of the Bushey family, including son Joe Bushey, one of nine siblings who owned the business prior to the sale.
Now a regional vice president with Clayton, Joe Bushey stated, “Obtaining the capital required to grow the business was getting difficult … and this just seemed like the right time to do something. The benefit is two-fold in that it gives us amazing corporate resources to support our retail sales and customer service, and the financial strength and stability of their company,” he said. “Those were the real keys for us.”
Director of Marketing for Clayton, Carl Hill said it is a win-win for both sides, as they have been having merger talks for three years. Frankfort is located between Albany and Syracuse, NY. ##
(Photo credit: Observer Dispatch/Mark DiOrio)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.