Clayton Homes Buys Four Oklahoma Properties.KNOXVILLE Knoxville, city (1990 pop. 165,121), seat of Knox co., E Tenn., on the Tennessee River; inc. 1876. A port of entry, it is a trade and shipping center for a farm, bituminous-coal, and marble area. , Tenn.--(BUSINESS WIRE)--Sept. 12, 1995--Clayton Homes Inc. purchased four manufactured home communities in the Oklahoma City Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm area this week for a total of $3.6 million. The communities of Village Oaks in Midwest City Midwest City, city (1990 pop. 52,267), Oklahoma co., central Okla., a residential suburb of Oklahoma City; founded 1942 with the activation of adjoining Tinker Air Force Base, a logistics center. The developer and builder W. P. , Shelter Estates and Rolling Hills Rolling hills are like a mountain chain, only a "hill chain" of hills that roll on and on continually. You will often find them in between plains and mountains, near major rivers, or randomly anywhere. The only places without rolling hills are deserts and flood plains. in Oklahoma City, and Oak Ridge Oak Ridge, city (1990 pop. 27,310), Anderson and Roane counties, E Tenn., on Black Oak Ridge and the Clinch River; founded by the U.S. government 1942, inc. as an independent city 1959. in Edmond will join the Clayton Communities group which owns and operates properties in 12 states. "We expect the improving economic conditions in Oklahoma City to complement our sales and marketing efforts, and allow us to realize the tremendous potential of these properties," said Steve Waite, vice president and general manager, Clayton Communities, Inc. Acquisition of these communities will place nearly 1,200 individual home sites in Oklahoma under Clayton ownership, in addition to the 300-site Clayton Estates community in Norman. Clayton Homes is a leading manufactured home producer, and is the industry's largest retailer. In addition to its 60 manufactured home communities, the company provides a variety of financial and insurance services to home buyers. Clayton Homes is headquartered in Knoxville, Tenn. and employs more than 4,700 people nationwide. CONTACT: Clayton Homes, Inc., Knoxville Les Lunceford, 615/595-4700 ext. 5701 |
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