LCI Industries (formerly Drew Industries), a supplier of components for the leading original equipment manufacturers of recreational vehicles (“RVs”) and adjacent industries, and the related aftermarkets of those industries, tells MHProNews that it has acquired Lexington, LLC for $40 million. Based in Elkhart, Indiana, Lexington manufactures high quality seating solutions …
Noteworthy headlines on – CNNMoney – Thousands of Venezuelans fleeing to the U.S. Senate Dems pledge to force release of ethics waivers. Uber stiffed NYC drivers in multimillion-dollar mistake. Amazon hit by protests over ads on Breitbart. Some bullets from Fox Business – Trump budget saves taxpayer money by weeding …
Skyline, ELS Gain, MHCV Dips, Broader Markets Jump as Trump Budget Arrives Read More
In Maryland, a number of residents are losing a place to live. According to the Star Democrat, the owners of the Talbot Trailer Park in Easton informed the county council of its plans last week, due to financial and regulatory challenges surrounding sewage disposal. The majority of the community is …
The National Federation of Independent Business (NFIB) tells MHProNews that in a meeting last week, the organization told House Ways and Means Committee Chairman Kevin Brady (R-TX) that small business owners expect comprehensive tax reform this year and that it must feature parity for businesses of every size. “Tax reform …
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that it has formally called on the U.S. Environmental Protection Agency (EPA) to withdraw certification requirements contained in its December 2016 Formaldehyde Emissions Standards for Composite Wood Products rule. MHARR contends the rule discriminates against manufactured housing and manufactured housing producers. …
MHARR to the EPA: Withdraw Discriminatory Formaldehyde Mandate Read More
Noteworthy headlines on – CNNMoney – Ford CEO Mark Fields is out. Defense stocks at record highs on Trump-Saudi deal. Saudi Arabia pledges $20B for U.S. infrastructure. Saudi-Softbank tech fund nears $100 billion target. Some bullets from Fox Business – What to expect from Trump’s budget. Trump says concerns about …
Cavco Spikes, Skyline Plummets, Broader Markets Rise on Trump Trip Momentum Read More
As President Donald Trump continues his first overseas trip, rumblings back home continue. As the Daily Business News covered last week, the fallout from President Trump’s firing of FBI Director James Comey on May 10th, followed by accusations of discussing classified information in a meeting with Russian officials, has caused …
Big League Presidential Deals Undermine DC Narrative of Struggling Trump Administration Read More
In Manitoba, Canada, a company called Mini Homes of Manitoba has been working for nearly two years to make tiny home living legal in the province According to the Winnipeg Free Press, the goal for company co-founders Anita Munn and her husband, Darrell Manuliak, is to start a tiny home …
In California, the San Francisco Bay Area is known as a technology hub and a center of activism. In the city of San Jose, the city council made a move last week that could make it known for something else. According to the San Jose Mercury News, the council voted …
Victory for Residents or Erosion of Rights? A City Takes Action Read More
Our theme for this month: Magnificent May. Our featured articles are now available on the MHProNews.com home page. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home professionals know that how a home got …
For Robbie Antonio of Revolution Precrafted Homes, it’s all about unicorns. Unicorns, as in startup companies that are valued at $1 billion. What’s his plan? To be the Ikea of homebuilding, delivering prefabs, created by world-renowned architects at affordable prices. “We try to really be a plug-and-play [real-estate] company that …
Ikea for Homebuilding? Revolution Precrafted Eyes Unicorn Status Read More
In a story that has put the importance of good governance front and center, manufactured home residents in Ohio, along with the Ohio Manufactured Homes Association (OMHA) urged state senators to keep the Ohio Manufactured Homes Commission (OMHC) active. As Daily Business News readers are already aware, the Ohio House …
OMHA, Manufactured Home Residents Ratchet Up Pressure Read More
Noteworthy headlines on – CNNMoney – A record 107 million Americans have car loans. IBM tells remote employees to get back in the office. Obamacare repeal: CBO score due Wednesday. Robots could wipe out another 6M retail jobs. Some bullets from Fox Business – Karl Rove names most likely source …
Skyline’s Wild Ride Continues, LCI Tops Estimates, Broader Markets Rise Read More
In a hotly contested property rights versus residents rights case, originally covered by the Daily Business News in September, and then again in December, the five-year journey for residents of the Buena Vista Mobile Home Park in Palo Alto, California has come to a favorable end for all parties. In a case that …
It’s been a busy week for President Donald Trump. And, even though it appears he’s under attack, he’s not showing any signs of backing down. “It’s SABOTAGE,” said President Trump in a White House press release to MHProNews. “The fake news media is working hand-in-hand with Washington’s corrupt bureaucracy to …
POTUS Trump – Sabotage! Welch, Buchanan, Others React to Swamp Attack Read More
In Louisiana, the Livingston Parish Council could soon be considering a ban on manufactured homes in single-family subdivisions. According to The Advocate, Councilman John Wascom called for the conversation during an Ordinance Committee meeting last week, proposing an ordinance that would outlaw living in a manufactured home in any named …
NIMBY in the Bayou – Manufactured Housing in Danger? Read More
Noteworthy headlines on – CNNMoney – California could be nation’s first sanctuary state. Fox News powerhouse Roger Ailes dies at 77. FCC votes to move forward with net neutrality rollback. Trump pulls trigger for NAFTA talks. Some bullets from Fox Business – Democrats increase calls on Trump administration to guarantee …
New data from the National Association of Home Builders (NAHB) and Wells Fargo’s Housing Market Index (HMI) showed that homebuilder confidence grew in May to its second highest point since the recession. The report, which is compiled from a monthly survey that the NAHB has conducted for 30 years, gauges …
Homebuilder Confidence Numbers Show Need for Manufactured Housing Read More
New U.S. homebuilding numbers showed an unexpected drop in the month of April, dropping to their lowest level in the last five months. According to Newsmax, persistent weakness in the construction of multi-family housing units, could suggest a slowdown in the housing market recovery. The Commerce Department said that housing …
Housing Starts Fall, Bottleneck to Economic Recovery-Manufactured Housing to the Rescue? Read More
Noteworthy headlines on – CNNMoney – Dow has worst day in 8 months as Trump rattles market. Family of slain DNC staffer demands retractions from Fox. Household debt tops 2008 peak. Saudi Arabia: We could live with $40 oil in 2020. Some bullets from Fox Business – Trump-Comey Turmoil Socks Wall …
Millions in Sun Stock Shed, Carlyle Slides, Markets Battered on Trump-Comey Turmoil Read More
