Patrick Industries, a major manufacturer and distributor of building and component products for the recreational vehicle (“RV”), manufactured housing (“MH”) and industrial markets, recently reported its financial results for the fourth quarter and twelve months ended December 31, 2011. The company reported the MH industry, which represented 26 percent of …
Patrick Industries Reports 45 Percent Increase in MH Shipments Read More
From the Grand Forks Herald in North Dakota, MHProNews.com has learned residents at a local RV community say management is giving them the boot to make room for oil companies with deep pockets. Residents of Heartland Homes Village recently received eviction notices because of what the article refers to as …
From California and the San Diego Union-Tribune, MHProNews.com learns that voters there will vote in June on whether to enact vacancy decontrol, which allows current tenants to keep low rents but would allow park owners to charge as they see fit when the homes change hands. According to the report, …
Groups Raising Funds for Battle Over Vacancy Decontrol Read More
Manufactured housing is one of those products where the pre-conceived image doesn’t always align with the actual product. A picture paints a thousand words and a social media site based on images called Pinterest is helping to change that. Lifestylist Suzanne Felber has been using the site to showcase manufactured …
Modular home builder Miller Homes recently announced a partnership with manufacturer Durabuilt Custom Homes, which the companies say will allow the tailoring of modular homes to customers’ diverse needs. “Miller Homes is in a unique position to offer Southern and Central NJ home buyers a full line of customized, modular …
Miller Homes and Durabuilt Custom Homes Benefit from Alignment Read More
This week ATCO Ltd. reported record earnings for 2011 led by worldwide increased activity for ATCO Structures & Logistics, higher earnings in ATCO Power and additional infrastructure investment in the utilities to support Alberta growth. Earnings attributable to Class I and Class II Shares were $327 million ($5.65 per share) …
Stocks declined Wednesday in response to economic reports and while one of those reports showed gains in home sales, several prominent site builders including Toll Brothers and KB Homes saw share price declines. The Yahoo Finance Manufactured Housing Composite Value lost more than four percent. Losing ground Wednesday were Affiliated …
Mortgage applications decreased 4.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 17. The Market Composite Index, a measure of mortgage loan application volume, decreased 4.5 percent on a seasonally adjusted basis from one week …
From Massachusetts and Metro West Daily News, MHProNews.com learns that an affordable housing project long underway will soon bear the fruit in the form of new modular homes. Undertaken by the Sudbury Housing Authority, the project adds affordable housing units without the expensive proposition of buying new land. The project …
Affordable Modulars Come to Sudbury, Massachusetts Read More
Realtors report existing-home sales rose again in January, marking three gains in the past four months, while inventories continued to dwindle. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 4.3 percent to a seasonally adjusted annual rate of 4.57 million in January …
A recent Associated Press story featured manufactured home owner and Appalachia resident Donna Robirds of Mount Orab, Ohio. The focus of the story is on the aging population in the region. Robirds is 67 and lives on a fixed-income. Nationally, the article notes, people 65 and over are expected to …
From RV Business, MHProNews.com learns about a new campaign for the RV industry. According to the article, custom-produced RV travel and camping vignettes will be a key element of Go RVing’s all-new “AWAY” campaign launching this month. A dozen vignettes will air on networks including SPEED, Great American Country, the …
FollettUSA recently announced its newest key team member, Jonathan Harrison. The company announced recently Harrison joined as a Partner and works in conjunction with Erik Rollain, Senior Vice President and Director of Acquisitions. Harrison’s core focus is acquisitions in order to continue the expansion of FollettUSA’s National portfolio. The company …
The Dow and the Yahoo Finance Manufactured Housing Composite were going in opposite directions Wednesday. While the general indexes lost about one percent, the manufactured housing index gained as much and more. Gaining ground Wednesday were Cavco Industries, up .46 cents (.87 percent) to $53.18; Nobility Homes, up $1.25 (18.94 …
Mortgage applications decreased 1.0 percent from one week earlier, according to data from the Mortgage Bankers Association. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index was essentially unchanged compared …
From College Station, Texas and The Eagle, MHProNews.com learns that the Bryan City Council approved a new mobile home park fee this week that will require owners to pay for inspections and code enforcement at the 37 mobile and manufactured home communities in the city. According to the report, the …
Is social media important? Zeman Homes thinks so. The Midwest manufactured home provider has launched a new blog with a focus on affordable living on their website. Headquartered in Chicago, Zeman Homes is a regional operator of over thirty manufactured home neighborhoods throughout Illinois, Indiana, and Michigan. “Customer satisfaction is …
Zeman Homes Announces Their New Affordable Living Blog Read More
From Alabama and AL.com, MHProNews.com finds another article on the recalled gas furnaces used in manufactured homes. The furnaces, produced by York International under the names Coleman, Coleman Evcon and Red T, have resulted in nearly 400 incidents of smoke and/or fire. The initial recall for the units, about 223,600 …
Encore Wire Corporation, a leading manufacturer of a broad range of copper electrical building wire for manufactured housing reports that the Company’s Board of Directors unanimously voted to increase the number of directors serving on the Company’s Board of Directors to seven members, and to appoint Mr. Gregory J. Fisher …
From KIVI-TV in Boise, MHProNews.com learns that Republican presidential candidate Mitt Romney will visit a modular facility in Idaho Friday. Following fundraisers at the Grove Hotel, Romney will hold a public event to be held at Guerdon Enterprises in Boise. Guerdon Enterprises manufactures multi and single-family modular homes and serves …
