content: UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
  
                               WASHINGTON, D.C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
                         Pursuant to Section 13 or 15(d) of
                         the Securities Exchange Act of 1934
  
  
                  DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
                                   FEBRUARY 7, 2003
  -------------------------------------------------------------------------------
  
  
                                 CLAYTON HOMES, INC.
  -------------------------------------------------------------------------------
               (Exact name of registrant as specified in its charter)
  
  
        DELAWARE               1-8824              62-1671360
  -------------------------------------------------------------------------------
  (State or other       (Commission  File         (IRS  Employer
   jurisdiction          Number)                   Identification No.)
   of incorporation)
  
  
  5000  Clayton  Road
  Maryville, Tennessee                                                37804
  -------------------------------------------------------------------------------
  (Address of principal executive offices)                          (Zip Code)
  
  
                 REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE
                                   (865) 380-3000
  -------------------------------------------------------------------------------
  
  
  
                                   NOT APPLICABLE
  -------------------------------------------------------------------------------
            (Former name or former address, if changed since last report)
  
  <PAGE>
  
  ITEM  5.  OTHER  EVENTS
  
  On  February  7,  2003,  the  Company  filed  a  press  release  reporting  the
  appointment  of  a  new board member. A copy of the press release is attached as
  Exhibit  99.1.
  
  
  ITEM  7.  FINANCIAL  STATEMENTS  AND  EXHIBITS.
  
  99.1     Press  Release  dated February 7, 2003 reporting the appointment of new
           board member
  
  <PAGE>
                                      SIGNATURE
  
  
  Pursuant  to  the  requirements  of  the  Securities  Exchange  Act of 1934, the
  registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
  undersigned  hereunto  duly  authorized.
  
  
                                CLAYTON  HOMES,  INC.
                                ---------------------
                                (Registrant)
  
  
  Date:          February  7,  2003     /s/  Kevin T. Clayton
                 ------------------     -----------------------
                                             Kevin T. Clayton
                                             Chief Executive Officer and President
                                             (Principal Executive Officer)
  
  
  
  <PAGE>
  
  
                                    EXHIBIT INDEX
  
  
  EXHIBIT
  NUMBER      DESCRIPTION                                         PAGE
  ----------------------------------------------------------------------
  99.1        Press  Release  dated  February  7,  2003             5
  
  <PAGE>
  
                                                         EXHIBIT  99-1
  
  NEWS RELEASE
  
  FOR IMMEDIATE RELEASE
  -----------------------
  FEBRUARY  7,  2003                         CONTACT:     INVESTOR RELATIONS
                                             PHONE:       865-380-3206
                                             FAX:         865-380-3784
  
  
                   STEVEN G. DAVIS ELECTED TO CLAYTON HOMES' BOARD
  
  KNOXVILLE,  TENN.  -  Clayton Homes, Inc. (NYSE:CMH) Chairman, James L. Clayton,
  announced  the  election  of  Steven G. Davis to the Clayton Board of Directors.
  The  election  of  Mr. Davis increased the Clayton Homes Board to eight, and Mr.
  Davis  will  serve  on  the  Audit Committee.  "The election of Mr. Davis to the
  Clayton  Homes  board  reflects  our  commitment  to  reach  out  to people with
  exceptional  skills,"  Mr.  Clayton  said.  "He  will provide added depth to our
  board  with  his financial and accounting expertise and extensive management and
  industry  background."
  
  Mr. Davis, 52, has considerable experience in the manufactured housing industry,
  having  served  on  the  board  of  the  largest  owner  of manufactured housing
  communities  in  the nation, Chateau Communities, Inc. (CPJ - NYSE) from 1993 to
  2002.  Additionally,  Mr.  Davis served as Chief Financial Officer and Executive
  Vice  President of ROC, another leading manufactured housing community operator.
  He is a Certified Public Accountant and graduate of the University of San Diego.
  Currently  he is General Partner of M & D Pacific, a partnership specializing in
  the  redevelopment  of  coastal residential properties in San Diego, California,
  and  a  real  estate  consultant.
  
  Clayton Homes, Inc. is a vertically integrated manufactured Housing company with
  20 manufacturing plants, 290 Company owned stores, 622 independent retailers, 83
  manufactured housing communities, and financial services operations that provide
  mortgage  services  for  165,000  customers and insurance protection for 100,000
  families.
  
  <PAGE>
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "doc1.txt", "secsgml_size_bytes": 5104}]
metadata_filer: {"company-data": {"conformed-name": "CLAYTON HOMES INC", "cik": "0000719547", "assigned-sic": "2451", "irs-number": "621671360", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-08824", "film-number": "03544655"}, "business-address": {"street1": "5000 CLAYTON ROAD", "city": "MARYVILLE", "state": "TN", "zip": "37804", "phone": "8653803000"}, "mail-address": {"street1": "5000 CLAYTON ROAD", "city": "MARYVILLE", "state": "TN", "zip": "37804"}}
text: UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
  
                               WASHINGTON, D.C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
                         Pursuant to Section 13 or 15(d) of
                         the Securities Exchange Act of 1934
  
                  DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
                                   FEBRUARY 7, 2003
  -------------------------------------------------------------------------------
  
                                 CLAYTON HOMES, INC.
  -------------------------------------------------------------------------------
               (Exact name of registrant as specified in its charter)
  
        DELAWARE               1-8824              62-1671360
  -------------------------------------------------------------------------------
  (State or other       (Commission  File         (IRS  Employer
   jurisdiction          Number)                   Identification No.)
   of incorporation)
  
  5000  Clayton  Road
  Maryville, Tennessee                                                37804
  -------------------------------------------------------------------------------
  (Address of principal executive offices)                          (Zip Code)
  
                 REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE
                                   (865) 380-3000
  -------------------------------------------------------------------------------
  
                                   NOT APPLICABLE
  -------------------------------------------------------------------------------
            (Former name or former address, if changed since last report)
  ITEM  5.  OTHER  EVENTS
  
  On  February  7,  2003,  the  Company  filed  a  press  release  reporting  the
  appointment  of  a  new board member. A copy of the press release is attached as
  Exhibit  99.1.
  
  ITEM  7.  FINANCIAL  STATEMENTS  AND  EXHIBITS.
  
  99.1     Press  Release  dated February 7, 2003 reporting the appointment of new
           board member
  SIGNATURE
  
  Pursuant  to  the  requirements  of  the  Securities  Exchange  Act of 1934, the
  registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
  undersigned  hereunto  duly  authorized.
  
                                CLAYTON  HOMES,  INC.
                                ---------------------
                                (Registrant)
  
  Date:          February  7,  2003     /s/  Kevin T. Clayton
                 ------------------     -----------------------
                                             Kevin T. Clayton
                                             Chief Executive Officer and President
                                             (Principal Executive Officer)
  EXHIBIT INDEX
  
  EXHIBIT
  NUMBER      DESCRIPTION                                         PAGE
  ----------------------------------------------------------------------
  99.1        Press  Release  dated  February  7,  2003             5
  EXHIBIT  99-1
  
  NEWS RELEASE
  
  FOR IMMEDIATE RELEASE
  -----------------------
  FEBRUARY  7,  2003                         CONTACT:     INVESTOR RELATIONS
                                             PHONE:       865-380-3206
                                             FAX:         865-380-3784
  
                   STEVEN G. DAVIS ELECTED TO CLAYTON HOMES' BOARD
  
  KNOXVILLE,  TENN.  -  Clayton Homes, Inc. (NYSE:CMH) Chairman, James L. Clayton,
  announced  the  election  of  Steven G. Davis to the Clayton Board of Directors.
  The  election  of  Mr. Davis increased the Clayton Homes Board to eight, and Mr.
  Davis  will  serve  on  the  Audit Committee.  "The election of Mr. Davis to the
  Clayton  Homes  board  reflects  our  commitment  to  reach  out  to people with
  exceptional  skills,"  Mr.  Clayton  said.  "He  will provide added depth to our
  board  with  his financial and accounting expertise and extensive management and
  industry  background."
  
  Mr. Davis, 52, has considerable experience in the manufactured housing industry,
  having  served  on  the  board  of  the  largest  owner  of manufactured housing
  communities  in  the nation, Chateau Communities, Inc. (CPJ - NYSE) from 1993 to
  2002.  Additionally,  Mr.  Davis served as Chief Financial Officer and Executive
  Vice  President of ROC, another leading manufactured housing community operator.
  He is a Certified Public Accountant and graduate of the University of San Diego.
  Currently  he is General Partner of M & D Pacific, a partnership specializing in
  the  redevelopment  of  coastal residential properties in San Diego, California,
  and  a  real  estate  consultant.
  
  Clayton Homes, Inc. is a vertically integrated manufactured Housing company with
  20 manufacturing plants, 290 Company owned stores, 622 independent retailers, 83
  manufactured housing communities, and financial services operations that provide
  mortgage  services  for  165,000  customers and insurance protection for 100,000
  families.