Established in 1934, Clayton Homes is engaged in building, selling and leasing modular residences. The company has built more than 1.5 million homes. Its products are available under the Schult Homes, Crest Homes, Norris Homes, Karsten Homes and Giles Homes. Clayton Homes also provides financial assistance services through third-party lending institutions. The company has over 35 home building facilities and nearly 1,800 home centers. It additionally maintains a work force of approximately 11,000 employees. Clayton Homes has partnerships with GEICO and Clayton Bank and Trust. The company is owned and operated by Warren Buffett and Berkshire-Hathaway. It offers one- through six-bedroom options, as well as an online mortgage calculator.