Business

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What is Clayton Homes Up to With Partnership?

It appears that the industry giant has formed a new partnership. For tiny homes. According to the Times Free Press, Clayton Homes is teaming up with Mountain Brook, Alabama-based Jeffrey Dungan Architects for “The Low Country,” a line of tiny homes with a unique spin. “When we started working on …

What is Clayton Homes Up to With Partnership? Read More

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UFPI Rises, Manufactured Housing CV, Broader Markets Rebound

Noteworthy headlines on – CNNMoney – What the Fed rate hike means for homebuyers. Trump might ease fuel economy rules. 700 laid-off GM workers will get their jobs back. German prosecutors raid Volkswagen and Audi HQs. Some bullets from Fox Business – Wall Street higher as Fed raises rates. Oil …

UFPI Rises, Manufactured Housing CV, Broader Markets Rebound Read More

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Are Emerging Building Technologies Poised to Supplant Manufactured Housing?

In a period of rapid innovation, anything and everything, including the manufactured housing industry, is ripe for disruption. For Ecocor, a construction firm that manufactures, delivers and assembles high-performance buildings, they hope that their time is now. MHProNews has learned that from the company that has started production on what …

Are Emerging Building Technologies Poised to Supplant Manufactured Housing? Read More

Source – Manufactured Housing Institute Violated Law? Conflicts of Interest?

“Bylaws, articles of incorporation and 990 tax returns are public documents,” an informed source with long ties to the Manufactured Housing Institute (MHI) told MHProNews. The source was responding to word that the Manufactured Housing Institute’s President, Richard Jennison and senior vice-president and general counsel, Rick Robinson, were among those …

Source – Manufactured Housing Institute Violated Law? Conflicts of Interest? Read More

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ObamaCare Snarl, Can Trump Work Magic? Possible Back-to-the-Future Medical Solution

As one of the consummate dealmakers in American history, President Donald Trump is working to pull out all the stops to get a “repeal and replace” solution for ObamaCare done. With the plan recently put forward by House leadership, led by Speaker Paul Ryan (R-WI), many are saying that it …

ObamaCare Snarl, Can Trump Work Magic? Possible Back-to-the-Future Medical Solution Read More

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Company Moves in for the Kill on CFPB

In a story that the Daily Business News has followed closely, mortgage company PHH is taking its battle with the Consumer Financial Protection Bureau (CFPB) to a new level. According to HousingWire, the company is asking the Court of Appeals for the District of Columbia Circuit to not simply declare …

Company Moves in for the Kill on CFPB Read More

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City Clears a Manufactured Home Community – What’s Next?

In San Diego, California, the city is cleaning out a now abandoned manufactured home community. According to SD News, city officials say that the De Anza Cove Mobile Home Park clean up, as part of the De Anza Revitalization Plan, a three-year comprehensive outreach and planning program, continues to be …

City Clears a Manufactured Home Community – What’s Next? Read More

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Carlyle Soars, Manufactured Housing CV, Broader Markets Down

America’s CEOs plan to hire at fastest pace in 3 years. Trump and Saudi prince have much to discuss. Wikileaks releases documents it says show CIA hacking tools. Some bullets from Fox Business – Newt Gingrich: Abolish the CBO. Miners seek Trump’s help as U.S. coal continues decline. Farage: Mediterranean …

Carlyle Soars, Manufactured Housing CV, Broader Markets Down Read More

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Death to Dodd-Frank: Good News for SME’s

In a recent meeting with community bankers from around the country, President Donald Trump said that reducing Dodd-Frank regulations would benefit Small and Medium Enterprises (SMEs) that are struggling to get access to financing. According to Pymnts, in the March 9th meeting, which also included National Economic Council Director Gary …

Death to Dodd-Frank: Good News for SME’s Read More

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Constraints on New Home Construction – Is MH the Answer?

New data from Redfin shows that more consumers than ever before are in the market for a home. While sales are picking up, new home construction is well below levels prior to the recession of 2008. Could manufactured housing be the solution? According to National Mortgage News, there are key …

Constraints on New Home Construction – Is MH the Answer? Read More

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U.K. Builders Eye Prefab in Anticipation of Brexit

While the U.K. continues to struggle with an affordable housing crisis, a new concern for some of the larger homebuilders in the country has cropped up. Those leading homebuilders, including Berkeley, Taylor Wimpey, and Persimmon have said they are either planning new developments of prefabricated homes or are considering doing …

U.K. Builders Eye Prefab in Anticipation of Brexit Read More

Noteworthy headlines on - CNNMoney – Poor management helped an employee steal $103 million. Intel buys Israeli self-driving car firm for $15 billion. Bush economist: Trump should get moving on tax cuts. Marissa Mayer to get $23 million severance. Some bullets from Fox Business – Blizzard to shutter schools, snarl travel in northeast U.S. Wall St. dips as drug stocks drag. NATO chief says allies still fall short of fair sharing of defense burden. Snow Rally: Northeast storm heats up blizzard stocks. “We Provide, You Decide.” © Key Commodities Crude Oil 48.42 -0.07 (-0.14%) Gold 1,204.00 2.60 (0.22%) Silver 16.99 0.06 (0.37%) The markets at the Closing Bell Today… S&P 500 2,373.47 0.87 (0.04%) Dow 30 20,881.48 -21.50 (-0.10%) Nasdaq 5,875.78 14.06 (0.24%) Russell 2000 1,369.64 4.38 (0.32%) Image credit, Yahoo, posted for the Daily Business News, MHProNews. The MH Industry – Today’s Risers and Sliders The top two gainers for the day were The Carlyle Group (CG) and Universal Forest Products Inc. (UFPI). The top two sliders for the day were Skyline Corp. (SKY) and Patrick Industries Inc. (PATK). Manufactured Housing Composite Value (MHCV) Ticker NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above. NOTE: Drew has changed their name and trading symbol at the end of 2016 to Lippert (LCII). Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews. Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. LCI Industries, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ## (Image credits are as shown above.) Submitted by RC Williams to the Daily Business News for MHProNews.

Carlyle Gains, Manufactured Housing CV Rises, Broader Markets Mixed

Noteworthy headlines on – CNNMoney – Poor management helped an employee steal $103 million. Intel buys Israeli self-driving car firm for $15 billion. Bush economist: Trump should get moving on tax cuts. Marissa Mayer to get $23 million severance. Some bullets from Fox Business – Blizzard to shutter schools, snarl …

Carlyle Gains, Manufactured Housing CV Rises, Broader Markets Mixed Read More

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MHARR to Secretary Perry: Withdraw Unnecessary MH Energy Rule

The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that it has formally called upon the Secretary of the U.S. Department of Energy (DOE), Gov. Rick Perry, to withdraw its proposed manufactured housing energy rule. MHARR says that the proposed rule is “rooted in climate change activism and advanced …

MHARR to Secretary Perry: Withdraw Unnecessary MH Energy Rule Read More

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Manufactured Housing Zoning Decision Reached

In Coldwater, Michigan, a rezoning proposal for the expansion of a manufactured housing community was rejected. According to the Daily Reporter, rezoning for the 10-acre expansion of Tall Grass Mobile Home Park failed, ending in a 3-3-tie vote after presentation and discussion before the Coldwater Planning Commission. Residents of the …

Manufactured Housing Zoning Decision Reached Read More

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Sunday Morning Weekly Recap Manufactured Housing Industry News March 5th 2017 to March 12th 2017

Our theme for this month is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page.  To see the line-up of over three dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home professionals …

Sunday Morning Weekly Recap Manufactured Housing Industry News March 5th 2017 to March 12th 2017 Read More

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Proposed Manufactured Home Community Faces Fight

In Mount Vernon, Illinois, what appears to be another case of NIMBY (Not-In-My-Back-Yard) has reared its head. According to the Register-News, a first reading of an ordinance to annex property for a manufactured home community was held this week, and several residents in attendance voiced their concerns. “We would like …

Proposed Manufactured Home Community Faces Fight Read More

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Belgian Prefab: Quick, Fast and Self-Sustaining

Prefab housing appears to be getting even faster. Skilpod, a Belgian construction company, has created the #150 Skilpod solar-powered model, a prefabricated home that can generate all its own energy and be set up in as little as half a day. According to Inhabitat, the model was by UAU Collectiv, …

Belgian Prefab: Quick, Fast and Self-Sustaining Read More

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Cavco Rises, Manufactured Housing CV, Broader Markets Up

Noteworthy headlines on – CNNMoney – Has Trump unleashed America’s animal spirits? 25 million jobs in 10 years? So far, so good. 235,000 jobs added in Trump’s first full month. Musk offers to fix Australia’s energy crisis in 100 days. Some bullets from Fox Business – Achieving three percent growth this …

Cavco Rises, Manufactured Housing CV, Broader Markets Up Read More

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Manufactured Housing Industry Acquisitions Announced

On the acquisition front in the manufactured housing industry, Universal Forest Products, Inc. (NASDAQ: UFPI) has announced two acquisitions. Through one of its affiliates, UPFI has closed on the purchase of certain assets of Quality Hardwood Sales. Based in Nappanee, Indiana, Quality Hardwood Sales is a manufacturer and supplier of …

Manufactured Housing Industry Acquisitions Announced Read More

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Multi-Acre MH Expansion Approved, Residents Concerned

In Allenstown, New Hampshire, officials have formally approved the sale of 166 acres of town-owned land to a Canada-based manufactured home developer, Hynes Group. The company, which already manages the 300 unit Holiday Acres community in town, plans to expand it by an additional 210 units, which will be age-restricted. …

Multi-Acre MH Expansion Approved, Residents Concerned Read More

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