Cavco Industries, Inc. is a producer of manufactured homes in the United States. The Company designs and produces factory-built homes primarily distributed through a network of independent and Company-owned retailers. The Company is also a producer of park model homes, vacation cabins, and systems-built commercial structures, as well as modular homes. As of March 31, 2012, the Company distributed its homes through 53 Company-owned retail outlets and a network of approximately 1,029 independent retail outlets in 40 states, Canada, Mexico and Japan. The Company constructs its homes using an assembly-line process in which each section or floors is assembled in stages. As of March 31, 2012, the Company operated fifteen homebuilding facilities located in the Pacific, Mountain, South Central and South Atlantic regions. These factories range in size from 79,000 to 250,000 square feet.