Cavco Industries, Inc. was recently named to the Forbes America’s Best Mid-Sized Companies list for 2022. To rank these top 100 performers, Forbes analyzed more than 1,000 companies with market capitalizations between $2 billion and $10 billion based on stock returns, return on equity, sales growth and earnings growth over the last five years, with more weight given to data from the last 12 months.
“This recognition from Forbes reflects the commitment of our team to provide the best in affordable, high-quality homes, loans and insurance for our customers,” said Bill Boor President and Chief Executive Officer of Cavco Industries, Inc. “For over 50 years, Cavco has worked to increase its positive impact on the lives of its customers and its team members, as well as in the communities it serves.”
Cavco is a leading designer and builder of factory‐built structures including manufactured homes, modular homes, commercial buildings, park model RVs and vacation cabins. The company has distribution points in 43 U.S. states and in Canada, through its 40 retail stores and 26 production lines – and employs approximately 6,100 people. In 2021, Cavco delivered over 18,000 homes, provided over $165 million in financing to homebuyers, insured homes for over 60,000 homeowners and provided fast and efficient claims assistance to over 5,200 homeowners. Cavco is the third-largest U.S. builder of manufactured homes, with a 12% share of that market. Our insurance group, Standard Casualty, offers a wide range of insurance products for manufactured homeowners, and its finance subsidiary, CountryPlace Mortgage, supplies a variety of homebuyer financing options.
Previously, Cavco appeared on Forbes list of America’s Best Small Companies for 2014. For the full list of Forbes America’s Best Mid-Sized Companies for 2022, click here.