BNET Industries

Cavco Industries Inc.

(CVCO) is in the Manufacturing Industry

Market Cap:$229.4M
Last Fiscal Year Sales:$141.9M
  • Public
  • US
Dow Jones Description

Cavco is currently one of the largest producers of Manufactured Housing in the U.S. today. Based in Phoenix, Arizona, Cavco has built a quality reputation as being a leader in all types of housing in the Southwest year after year since 1965. Cavco also ranks as one of the largest producers of Park Model and Cabin Vacation Homes (ANSI 119.5) in the United States. Cavco's factory-built homes are produced under various trade names and in a variety of floor plans and price ranges. We produce homes constructed to the building standards promulgated by the U.S. Department of Housing and Urban Development, or HUD, and by the International and Universal Building Codes as well as park model homes and vacation cabins. Our HUD code homes generally range in size from approximately 500 to 3,300 square feet and typically include two to five bedrooms, a living room, dining room, kitchen and two or more full bathrooms. Most of these are multi-section homes, although we also produce single-section homes. Our park model homes are less than 400 square feet in size and are purchased primarily for use as second homes, vacation homes or for retirement living and are placed in planned communities or recreational home parks. We also produce camping cabins and commercial structures for a variety of purposes, including portable offices and showrooms. We currently operate three manufacturing plants in the Phoenix, Arizona area and one manufacturing plant in Seguin, Texas. Our factories range in size...

Chairman of the Board, President and Chief Executive Officer
Joseph H. Stegmayer
Number of Employees 660
Contact Information

1001 N Central Ave Ste 800

Phoenix, Arizona 85004-1962

cavco.com

(602) 256-6263

NAICS Code Manufactured Home (Mobile Home) Manufacturing: 321991

Recent Events

  • Cavco Industries Reports Fiscal Second Quarter Results

    11/05/09 - Financial Announcement - View Story

  • Cavco Industries Reports Fiscal First Quarter Results

    7/29/09 - Financial Announcement - View Story

  • Cavco Industries Wants to Acquire Modular Home Unit of Fleetwood ... more

    7/11/09 - Merger / Acquisition - View Story

  • $28.9 million offer made for Fleetwood home division

    7/02/09 - Financial Announcement - View Story

News & Analysis

business wire and cavco industries inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Daniel L. Urness Vice President, Chief Financial Officer
David L. Blank Chief Operating Officer
Sean K. Nolen CFO, Vice President & Treasurer
William C Boor Senior Vice President, Business Development of Cleveland, Cliffs, Inc
Paul A Deroo Vice President & General Manager Durango
Tim M Gage Vice President & General Manager Specialty
Kirk Roles Director, HR
James P Glew General Counsel & Secretary
A. Jacqueline Dout Director
Steven G. Bunger Director

Board of Directors

Name (plus bio) Position
Joseph H. Stegmayer Chairman of the Board, President and Chief Executive Officer
Jack Hanna Chairman
Jacqueline Dout Chairperson
David A Greenblatt Board of Directors
Steven G. Buger Board of Directors

"Chairman of the Board, Chief Executive Officer and President since March 2001; President of Centex Manufactured Housing Group, LLC from September 2000 to June 2003; President - Retail Operations and Chief Financial Officer of Champion Enterprises, Inc. from January 1998 to September 2000; President, Vice Chairman and Chairman of the Executive Committee of Clayton Homes, Inc. from 1993 to January 1998"

Organization Position Status
Cavco Industries, Inc. Chairman of the Board, President and Chief Executive Officer Current
CRG Holdings LLC President Former
Champion Enterprises, Inc. President Retail Operations and Chief Financial Officer Former
Centex Corporation President Former
Champion Enterprises, Inc. Executive Vice President Former

"Vice President, Chief Financial Officer, Treasurer since January 2006; Interim Chief Financial Officer from August 2005 to January 2006; Corporate Controller from May 2005 to August 2005; Financial Consultant from June 2002 to May 2005; Controller from May 1999 to June 2002; Manager and staff with Deloitte & Touche, LLP from September 1993 to May 1999"

Organization Position Status
Cavco Industries, Inc. Vice President, Chief Financial Officer Current
Cavco Industries, Inc. Board of Directors Current

Organization Position Status
Cavco Industries, Inc. Chief Operating Officer Current
Cavco Industries, Inc. Vice President & General Manager, Litchfield Former
CRG Holdings LLC Vice President, Operations Former

Organization Position Status
Cavco Industries, Inc. CFO, Vice President & Treasurer Current
CRG Holdings LLC CFO & Vice President Former

William C. Boor, 42 is Senior Vice President-Business Development of Cleveland-Cliffs, Inc. Mr. Boor joined Cleveland-Cliffs in May 2007 after having served as Executive Vice President, Strategy and Development, at American Gypsum Company, a subsidiary of Eagle Materials Inc from 2005 to 2007. From 2002 to 2005, Mr. Boor served as Senior Vice President Corporate Development and Investor Relations of Eagle Materials, Inc. From 2001 to 2002 he served as Vice President - Corporate Development of Centex Corporation. He also has held key leadership roles at Weyerhaeuser Co. and Procter & Gamble Co. In his current capacity, Mr. Boor has responsibilities for identifying and leading initiatives to support the growth of Cleveland-Cliffs. He has diverse experience in manufacturing management, process engineering, financial management, investor relations and marketing.

Organization Position Status
Cleveland-Cliffs Inc. President, Business Development Current
Cavco Industries, Inc. Senior Vice President, Business Development of Cleveland, Cliffs, Inc Current
Cliffs Current
Cavco Industries, Inc. Board of Directors Current
Cleveland-Cliffs Inc. Senior Vice President, Business Dev Former

Organization Position Status
Cavco Industries, Inc. Vice President & General Manager Durango Current
Cavco Industries, Inc. Plant Manager Current

Organization Position Status
Cavco Industries, Inc. Vice President & General Manager Specialty Current
Cavco Industries, Inc. Sales Executive Current

Organization Position Status
Cavco Industries, Inc. Director, HR Current
Cavco Industries, Inc. Director, HR Former

Organization Position Status
Cavco Industries, Inc. General Counsel & Secretary Current
Cavco Industries, Inc. Secretary Current

Jack Hanna , 60, is chairman of our Compensation Committee and has been a member of our board since 2003. Since 1993, Mr. Hanna has hosted Jack Hanna s Animal Adventures , a nationally syndicated educational and conservation-oriented television program. Since 1992, Mr. Hanna has served as Director Emeritus of the Columbus Zoo and Aquarium in Columbus, Ohio. Mr. Hanna is a board member of the Dian Fossey Gorilla Fund.

Organization Position Status
Cavco Industries, Inc. Chairman Current
Cavco Industries, Inc. Director Current

Organization Position Status
Cavco Industries, Inc. Chairperson Current
School Specialty, Inc. Board of Directors Current
Iowa College Foundation Board of Directors Current
Champion Enterprises, Inc. Chief Financial Officer Former
Champion Enterprises, Inc. Executive Vice President Former
Cavco Industries, Inc. Member of the Board Former

Organization Position Status
School Specialty Online, Inc Director Current
Cavco Industries, Inc. Director Current
Iowa College Foundation Board of Directors Current
Champion Enterprises, Inc. Chief Financial Officer Former
Champion Enterprises, Inc. Executive Vice President Former

Organization Position Status
Cavco Industries, Inc. Board of Directors Current

Organization Position Status
Cavco Industries, Inc. Board of Directors Current

Steven G. Bunger has served as our Chief Executive Officer, President and a director since April 1997, and as our Chairman of the Board since February 2001. Mr. Bunger joined Mobile Mini in 1983 and initially worked in our drafting and design department. He served in a variety of positions including dispatcher, salesperson and advertising coordinator before joining management. He served as sales manager of our Phoenix branch and our operations manager and Vice President of Operations and Marketing before becoming our Executive Vice President and Chief Operating Officer in November 1995. He is also a director of Cavco Industries, Inc., the nation's twelfth largest manufactured housing company. Mr. Bunger graduated from Arizona State University in 1986 with a B.A. in Business Administration.

Organization Position Status
Mobile Mini, Inc. Chief Executive Officer Current
Mobile Mini, Inc. President Current
Mobile Mini, Inc. Chairman of the Board Current
Mobile Mini, Inc. Board of Directors Current
Cavco Industries, Inc. Director Current
Mobile Mini, Inc. Manager Former
Arizona State University B.A. In Business Administration Former

Executive News

  • Judge Approves Sale of Fleetwood's Manufactured Housing Business to Cavco Industries

    BusinessWeek - 8/13/09 - View Story

  • Judge Approves Sale of Fleetwood's Manufactured Housing Business to Cavco Industries

    Reuters - 8/13/09 - View Story

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     CVCO $35.69 +0.69 (1.97% )
Average Volume 18,479
Shares Outstanding 6.51M
Market Cap 232.3M
Year High 37.83
Year Low 18.8
Earnings Per Share -0.39
P/E Ratio -91.51
Dividend N/A
Yield N/A
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