Noteworthy headlines on – CNNMoney – Wells Fargo fallout: Execs reshuffled, 3 managers out. Mnuchin warns Congress on debt ceiling. Engineers say fixing infrastructure will take $4.6 trillion. Staples to close 70 more stores. Some bullets from Fox Business – Andrew Puzder: Democrats afraid we will succeed. EPA Chief Scott …
UFPI Gains, Manufactured Housing CV Down, Broader Markets Rise Read More
Fresh off of their announcement regarding the shutdown of their Mansfield, Texas production facility, and the subsequent announcement that Champion Homes will acquire it, Skyline Corp. (NYSE: SKY) announced yesterday that the company has suspended operations at its Elkhart, Indiana plant. According to the South Bend Tribune, Skyline also …
A new survey from the National Association of Realtors (NAR), shows some rather interesting statistics, and opportunities for the manufactured housing industry. According to Furniture Today, the 132-question survey, as a part of the 2017 Home Buyer and Seller Generational Trends study, showed that “Generation X” households are buying more …
In Glendale, Arizona, new manufactured homes have received the green light. For some residents, that presents an issue. According to Your West Valley, the planning commission approved the proposal for 21 manufactured homes as part of the Campana Trails community. The homes will sit on five and a half vacant …
New MH Community Proposal Approved, Residents Concerned Read More
For President Donald Trump, the news regarding jobs made for a great morning. “U.S. private sector job creation surging with nearly 300k created last month. Much more than expected!” tweeted Trump. Today’s report from global payroll firm ADP provides the first look at hard figures from the President’s first full …
Jobs Go Boom: Employment Numbers Show Trump Effect Read More
Noteworthy headlines on – CNNMoney – Why women are better investors than men. U.S. poised for record oil output in 2018. What worries investing guru Jack Bogle right now. North Korean banks kicked out of global messaging network. Some bullets from Fox Business – Uber self-driving cars are coming back …
LPX Gains, Manufactured Housing CV Down, Broader Markets Mixed Read More
Longtime Texas Manufactured Housing Association (TMHA) member Brian R. Kirby, 62, passed away March 4, 2017 at his home in Heath, Texas surrounded by his family after a courageous battle with cancer. Brian and his wife Deborah began Magnum Home Service in Heath 33 years ago and operate the business …
In the U.K., the ongoing housing crisis has the nation looking for resources. Prefab has emerged as a potentially efficient solution, and one producer is adding a unique twist that helps not only house, but to rehabilitate. According to Construction Manager, six months ago, Manchester-based procurement consortium Procure Plus launched …
The Ohio Manufactured Homes Association (OMHA) tells MHProNews that the Ohio General Assembly House of Representatives Finance Committee is currently reviewing proposed language in House Bill 49. The bill proposes to abolish the Ohio Manufactured Homes Commission, delivering a potentially devastating setback to the industry in the state. If the …
Ohio Manufactured Homes Association Calls for Help Read More
Noteworthy headlines on – CNNMoney – Wikileaks: CIA hacks the world’s phones and TVs. New York Times publisher takes 13% pay cut. Uber searching for a COO after crises. Facebook calls cops on journalists reporting child porn. Some bullets from Fox Business – Dick’s to cut unpopular brands from stores. …
Sun Gains, Manufactured Housing CV, Broader Markets Fall for Second Day Read More
In a case that the Daily Business News has followed since 2013, JoLeigh Ares, former beauty queen and one time manufactured home dealer and owner of Park Girl Sales in the Rio Grand Valley of Texas, is headed for trial for multiple cases of consumer fraud. The trial that was …
Noteworthy headlines on – CNNMoney – Netflix, Facebook and other techs remain red hot. How Trump’s wiretap claim got started. U.S. toymaker pledges to never to go to China. Letterman: I would’ve “gone to work on Trump.” Some bullets from Fox Business – GM cuts bait from Europe, could exit …
Washington, D.C., March 6, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased substantially during January 2017. These just-released statistics indicate that HUD …
HUD Code Manufactured Home Production Increases, January Report Read More
Sam Zell is no stranger to success, or “knowing where the money is.” It appears he’s found his next target. According to the Bloomberg Quint, the billionaire real-estate investor and chairman of Equity LifeStyle Properties (ELS) is joining Continental Resources Inc.’s Harold Hamm in the growing list of enthusiasts of …
MHProNews has learned that Skyline Corp. has come to terms to sell its Mansfield, Texas manufactured-housing facility to Champion Home Builders. According to the Star-Telegram, under terms of the deal, Champion would pay a $99,000 deposit and then $2,125,000 upon closing, scheduled to occur on or before April 7, according …
Skyline Makes Announcement Regarding Mansfield Facility Read More
As we enter the month our theme 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 2-dozen featured articles for this month, along with the headline commentary, please check out the Masthead blog on Tuesday …
Noteworthy headlines on – CNNMoney – AT&T agrees to bring 3,000 jobs back to U.S. Snap is worth more than Delta, Target and CBS. Mexican firm faked the building of 100K homes: SEC. A high school made millions from Snap’s IPO. Some bullets from Fox Business – Yellen signals March …
Skyline Up, Manufactured Housing CV, Broader Markets End Week Positive Read More
Skyline Corp. (NYSE: SKY) tells MHProNews that Jeff Newport has been promoted to Chief Operating Officer. Newport previously served as Senior Vice President of Operations, joining Skyline in February 2016. “Jeff has already made a significant impact on our operations and his promotion to Chief Operating Officer is well-earned,” said …
Once known for its booming modular and manufactured home industry, Oxford, Maine has been dubbed the “Manufactured Housing Capital of New England.” Sadly, a downturn in May 2016, including the shutdown of Keiser Homes, cost at least 120 workers their jobs. The Daily Business News originally covered that story here. But …
In the great state of Indiana, a bill recently passed in the state house regarding manufactured housing dealerships that has a rather interesting twist. House Bill 1119 was passed 94-0, and it places Manufactured Housing Dealers back into Indiana law. According to the Indiana Manufactured Housing Association (IMHA), State Representatives …
