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Champion Homes was founded in 1953 as a single manufacturing facility in the small town of Dryden in rural Michigan by Walter W. Clark and Henry E. George.
In 2005, Champion was the first manufacturer to build privatized modular housing for the military.
In 2010, Champion filed for bankruptcy and was acquired by an investor group led by Centerbridge Partners, MAK Capital Fund LP and Sankaty Advisors and company lenders led by Credit Suisse. The company later recovered.