Cavco Industries Inc. (CVCO)

Overview

Cavco Industries, Inc. stands out as a premier manufacturer and retailer of factory-built homes in the United States. Incorporated in 1965 and headquartered in Phoenix, Arizona, the company has established its presence firmly in the industry by focusing on the design, production, and retail of a wide range of manufactured homes. Operating across two primary segments, Factory-Built Housing and Financial Services, Cavco caters to various customer needs, from residential to commercial. The company’s commitment to quality and customer satisfaction is evident through its extensive brand portfolio, including Cavco, Fleetwood, Palm Harbor, and several others, as well as its financial services aimed at easing the purchasing process for clients.

Products and Services

• Factory-Built Homes: Cavco is known for its diverse array of manufactured homes branded under names such as Cavco, Fleetwood, Palm Harbor, Nationwide, and several more. The company’s offerings encompass a variety of designs to suit different tastes and budgets, including single and multi-section ranch houses, split-level homes, Cape Cod style homes, as well as two- and three-story homes. These homes cater to a range of residential needs, from individual living spaces to full-fledged family houses.
• Park Model RVs and Vacation Cabins: Beyond traditional homes, Cavco expands its product range to include park model RVs and vacation cabins. These are ideal for consumers looking for holiday homes or temporary accommodation options that offer the comfort and design quality consistent with Cavco’s branding.
• Modular Homes: The modular homes produced by Cavco are designed to provide flexibility and quality. Customers can select from single and multi-section options, ranging from ranch styles to more complex structures like multi-story buildings and multi-family units. This versatility makes Cavco’s modular homes suitable for a variety of applications, including residential, educational, and commercial purposes.
• Factory-Built Commercial Structures: Cavco also specializes in the construction of commercial structures leveraging factory-built efficiency. These include apartment buildings, condominiums, hotels, workforce housing, schools, and military housing. This service demonstrates Cavco’s capability to meet the needs of commercial clients requiring quick, reliable, and quality construction solutions.
• Financial Services: Understanding the importance of accessible financing, Cavco provides both conforming and non-conforming mortgages and home-only loans. These financial products are tailored to facilitate the purchase of factory-built homes, making ownership more attainable for buyers. The company’s financial services are available to purchasers of the various brands of factory-built homes sold by company-owned retail stores and independent distributors.
• Property and Casualty Insurance: To complement its housing and financial services, Cavco offers property and casualty insurance for manufactured home owners. This insurance service ensures that homeowners have a reliable option for protecting their investments against unforeseen events, further showcasing Cavco’s commitment to its customers’ long-term satisfaction and security.