Cavco Industries, Inc. is a prominent manufacturer of systems-built structures in the United States. The company operates through two primary business segments: Factory-Built Housing and Financial Services. The Factory-Built Housing segment is the core of the business, encompassing the design, production, and retail of manufactured homes, modular homes, park model RVs, vacation cabins, and commercial buildings. Cavco operates over 30 manufacturing production lines and nearly 100 company-owned retail locations across the country, distributing its products through both independent and company-owned retailers. The Financial Services segment supports the core business by offering property and casualty insurance primarily to owners of manufactured homes through its subsidiary, Standard Casualty Company, and providing homebuyer financing options through CountryPlace Mortgage. The company's vertically integrated model allows it to capture value across the entire lifecycle of a manufactured home purchase, from production and retail to financing and insurance. Cavco has grown significantly through strategic acquisitions, including Fleetwood Homes, Palm Harbor Homes, Commodore Corporation, and American Homestar, consolidating its position as one of the largest producers of factory-built homes in North America.
