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Advertising Age Article Abstract

Mobile-Home Market in Flux, but Warren Buffett Finds a Road to Profit

Berkshire Hathaway '06 'Manufactured Housing' Sales Rose Above Industry's Slump

By: Bradley Johnson
Published: February 19, 2007

LOS ANGELES (AdAge.com) -- Warren Buffett this decade became the nation's No. 1 manufacturer of mobile homes -- or, as the industry prefers to call them, manufactured housing -- by acquiring Clayton Homes and bankrupt Oakwood Homes in 2003 and 2004, the two worst years for mobile-home shipments in decades. Good timing by a famed contrarian? We'll see. ...

Full Article Word count: 644

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