Show coordinator Dennis Hill said by 1:00 PM, Wednesday Jan. 22, the first day of the Louisville Manufactured Housing Show, more people had come through the gate than for the entire show last year. The finance panel discussion, moderated by Dick Ernst and featuring most of the major lenders in …
Louisville (Slugger) Manufactured Housing Show Hits Homer Read More
Another mix of plus and minus corporate returns kept investors in a cautious mood, as CNNMoney reports the Dow Jones Industrial Average fell -41.1 points during the day, -0.25 percent to close at 16,373.34. The Nasdaq gained +217.24 points, +0.41 percent, to end at 4,243, while the S&P ended the …
Writing in treehugger.com, Lloyd Alter says modular housing is now 11 percent of the Canadian housing market, three times what it was when he was selling homes in Wingham, Ontario for Royal Homes’ Pieter Venema, who built the Kohn Shnier designed Muskoka cottage for two families. Noting factory-built homes are …
Investors, nervous about the future of the economy, split the three major indexes plus and minus. CNNMoney reports the Dow Jones Industrial Average fell 44.12 points during the day, -0.27 percent to close at 16,414.44. The Nasdaq gained 28.18 points, +0.67 percent, to end at 4,225.76, while the S&P ended …
Skyline Rises 3.26%; Dow Falls, Nasdaq and S&P Nudge up Read More
Following a story we first posted Oct. 21, 2013 regarding the proposed redevelopment of Vineland Vista Mobile Home Park in St. Helena, California owned by Vintner Hall Wines, the Napa Valley Planning Commission has delayed approval of the modification because the old ordinance does not allow for multifamily modular housing. …
Despite single-family housing starts falling seven percent in December, 2013 from November’s surge of 16 percent, when builders were scurrying to put foundations in the ground before the freeze set in, housing starts for the year were up 15 percent over 2012. The Census Bureau informs MHProNews multifamily starts, which …
Pursuant to Killam Property, Inc.’s (TSX:KMP) dividend policy, the board of directors has declared a monthly dividend of $0.05 per common share to be paid on Feb. 17, 2014 to shareholders of record as of Jan. 31, 2014. Based in Halifax, Nova Scotia, Canada, this marks Killam’s first dividend reflecting …
In observance of Martin Luther King, Jr. Day, January 20, all stock markets are closed. They will reopen tomorrow morning at 9 A.M. (Image credit: House Financial Services Committee)
Taking over a one-time manufactured housing plant in Johnstown, Colorado, PTI Group has converted the 113,000 square-foot facility to constructing modular workforce housing for the oil, gas and mining industries in Canada. Based in Alberta, Canada, PTI scouted 78 cities before choosing the Denver area because of the availability of …
Former Manufactured Housing Plant Bustling with Modular Workforce Units Read More
Following up on a story MHProNews posted Jan. 31, 2013, regarding $125,000 in seed money received by Wolfpack Chassis from Elevate Ventures’ Indiana Angel Network Fund (IANF), the Kendallville, IN-based company announces the completion of a $625,000 round of financing. Wolfpack manufactures chassis and chassis components for the manufactured housing …
Manufactured Housing Chassis Firm Firms-up Financing Read More
Black Diamond Structures of Calgary, Alberta, Canada, which rents and sells remote workforce housing and modular workspace solution, has announced it will pay a dividend of $0.075 per share for January, 2014. The company’s board of directors reports the dividend will be paid on February 18, 2014 to shareholders of …
Modular Accommodations Supplier Declares Monthly Dividend Read More
Investors were disappointed by the drop in housing starts and building permits in December as they digested a bundle of economic reports from private industry. CNNMoney reports the Dow Jones Industrial Average managed a gain of 41.55 points, +0.25 percent, to end the week at 16,458.56. Meanwhile, the Nasdaq dropped …
Patrick Ind. Notches Top Gain, while Louisiana Pacific Falls Read More
TJT Inc. (OTC Markets: AXLE) reports a net profit of $75,815, $.02 per diluted share for the first quarter of fiscal year 2014, as compared to a net loss of $302,189 for the same quarter in the previous year. According to marketwatch.com net sales for Q1 2014 increased 90 percent …
The Billings County Fryburg School in western North Dakota was sold for almost $500,000 to Louisiana-based Energy Resource Group for a man camp for the Bakken oil field workers, but the company never followed through. The bismarcktribune.com reports an Alabama-based company, Bakken Suites of Fryburg, has more recently filed a …
Investors were disappointed by Citigroup and Best Buys’ poor earnings, and J. C.Penney’s decision to close 33 stores, dropping the Dow Jones Industrial Average -64.93 points, -0.39 percent, to close at 16,417.01. CNNMoney reports the Nasdaq nudged up +0.09 percent, +3.81 points, to finish at 4,218.69, while the S&P slid …
Champion Homes will close its Carolina Building Solution plant in Salisbury, North Carolina in March, and consolidate it with its facility in Lillington, NC 80 miles to the east. Some of the 93 employees may relocate to Lillington depending upon how many are needed, but Salisbury Plant Manager Jeff Mooring …
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reports builder confidence in the market for newly built, single-family homes fell one point to 56 in January. Rising home prices, historically low mortgage rates and significant pent-up demand will drive a continuing, gradual recovery in the year …
Housing Market Index Falls One Point, but Still Above 50 Read More
Livingston Manor at the southern edge of the Catskill Mountains in New York has won a $1.8 million grant to replace an affordable housing project with 27 two-bedroom and 33 three-bedroom modular townhomes, according to recordonline.com. Utilizing federal and state low-income housing tax credits, funding for the 60 unit Hemlock …
One of the subsidiaries of Universal Forest Products, Inc. (NASDAQ:UFPI) has agreed to purchase the assets of National Fiber, a manufacturer of environmentally sound cellulose insulation serving clients in the Northeastern U. S. Located in Belchertown, Massachusetts, National Fiber also sells special machines required to install the insulation, and offers …
Universal Forest Products Acquires Insulation Producer Read More
Solid economic reports and strong bank earnings spurred the S&P to a new record high in today’s trading as the Dow advanced over 100 points. CNNMoney reports the Dow Jones Industrial Average gained +108.08 points, +0.66 percent, to close at 16,481.94. The Nasdaq moved up +0.76 percent, +31.86 points, to …
Affiliated Managers Group Advances; S&P Marks New High as Dow, Nasdaq Gain Read More
