May 2022 – Page 3 – Mazor'sEdge

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Berkshire Hathaway’s See’s Candies is recording record sales, See’s CEO Pat Egan said at the 2022 Berkshire Hathaway annual meeting.

Egan credits much of the company’s growth to its ecommerce, which has doubled in the past few years. The company shipped 2 million packages in 2021.

While Berkshire doesn’t breakout See’s revenues in its annual report, the candy maker reportedly had gross revenues in excess of $400 million with $80 million in net profits.

See’s has long been a regional brand with its over 200 brick and mortar locations mostly in the western half of the U.S. , although it opened a shop in Manhattan in 2017, and now has overseas locations in the UAE, Hong Kong, Metro Manila, Central Singapore, and Taipei City.

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell a stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

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Berkshire Hathaway’s Clayton, a national builder of off-site and site-built homes, has unveiled its first net-zero electricity home.

Unveiled at the 2022 Berkshire Hathaway Shareholders meeting in Omaha, Nebraska, the home showcases energy-efficient features available to Clayton customers today, as well as new technologies Clayton is exploring for future innovation – including solar power.

“Clayton is committed to building sustainable and attainable homes,” said Kevin Clayton, CEO. “Whether it’s building this net-zero home or through our volunteer program, Clayton Impact, our team members aim to leave a lasting, positive impact on our communities and the planet.”

The net-zero electricity home showcased at the Berkshire Hathaway Shareholders Meeting is The Pulse floor plan, paired with several energy efficiency upgrades and a solar roofing system. Features on the home currently available to customers include Energy Star® appliances, LED lights, Lux windows with argon, 22-21-50 insulation package and an ecobee® smart thermostat. Additional upgrades, not currently offered through Clayton, include CertainTeed® Solar shingles and Benjamin Moore® low-VOC paint. This net-zero electricity home costs just under $230,000 before the cost of land and solar panels.* With all of these upgrades combined, the home produces enough electricity to power itself.

“Our design teams are dedicated to creating homes with the features our customers want while upholding our vision for beautiful, modern design,” explained Megan Foster, Interior Design Manager. “Across all aspects of the building process, from materials to innovative design, Clayton Built homes are built efficiently and thoughtfully to serve as an attainable home solution for a growing number of people.”

Just one 64-gallon bin of waste was collected during the off-site building process of the net-zero electricity home, which was displayed during the annual meeting, helping attendees conceptualize the low amount of waste accumulated during the off-site home building process.

“From the building process to homeownership, Clayton aims to incorporate sustainability across our business,” said William Jenkins, Director of Environment and Sustainability. “While we are continuing to improve the energy efficiency of our homes, our sustainability efforts also include improving the energy and fuel efficiency of our operations, increasing our reliance on renewable energy, and setting ongoing reduction targets for waste and water consumption.”