Canada

Killam Announces Monthly Dividend

NewswireCa tells MHProNews Halifax, Nova Scotia-based Killam Properties, Inc. (TSX:KMP) announces the board of directors has declared a monthly dividend of $0.04833 per share that will be paid to shareholders of record Feb. 28, 2013 on March 15, 2013. This is the same monthly dividend amount that was paid Nov. …

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Key West Property Transforms into MHC

KeysNews reports Carefree RV Resorts, with 61 communities across the nation, is transforming the Sunset Harbor Trailer Park in Key West into Sunset Harbor Community, which will become a no age restriction manufactured housing community with 77 new HUD Code pastel homes. The price of the Jacobsen Homes, built to …

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Chickens Outlawed from MHC

The vernonmorningstar tells MHProNews from Lumby, BC in south central British Columbia, Canada the council has finalized a new set of zoning bylaws. One of them permits a laying hen on any lot that has a single-family dwelling zoned rural or residential, excluding manufactured home communities. (Image credit: iClipart)

New Board Member Played in the NFL

Heraldonline reports from Toronto, Canada that Innovative Composites International, Inc. (ICI), which produces modular housing for remote locations and disaster situations, has appointed Andrew McConnell to the board of directors, replacing Chris Kruba who resigned his position. McConnell is president and CEO of Ayiigwa Corp., which works with First Nation …

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First Nation Housing Shortage Continues

From north of the border CBC News reports single room factory-built trailers once used by the De Beers diamond company for housing mine workers and donated to Attawapiskat First Nation in 2009 for temporary shelter have become permanent housing for some. Others have fallen into such disrepair as to be …

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Black Diamond Setting its Financials for Release

Modular builder and energy services provider Black Diamond Group Limited of Calgary, Alberta, Canada announces it will release its year-end and fourth quarter financials after the market closes Tue., March 12, 2013. Top company officials will discuss the results at 4:30 MST that same day. As PRWeb tells MHProNews, from …

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Drilling is Good for Factory-built

The timesunion reports 40 housing modules are on their way from the Port of Albany, in New York, to St. John’s, Newfoundland, Canada for housing offshore drilling workers. Manufactured by a Champion Homes plant in Sangerfield, NY, the modular homes are destined for Exxon/Mobil’s Hebron Project that seeks to recover …

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MH Component Maker Expanding

WoodworkingNetwork reports Okaply Industries, a producer of plywood, vinyl laminated panels, MDF, particleboard and mouldings for the manufactured housing and commercial modular industries, is opening a fully-equipped moulding dept. at its facility in Calgary, Alberta Canada. Based in Opa, Quebec, just north of Montreal, Okaply opened the plant in Calgary …

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Black Diamond Completes Shopping in Australia

MarketWatch reports that Calgary, Alberta Canada-based Black Diamond Group Limited has completed the acquisition of 90 percent of the modular rental business and 20 percent of the modular building manufacturing business of Australian Portable Buildings Pty. Ltd. MHProNews has learned Black Diamond is a remote lodging, modular building, and energy …

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New Wells Should Solve Water Woes

Following a story we reported Aug. 31, 2012 concerning an MHC in Canada where residents have had to boil water before using it, MHProNews has learned from CBCNews one of the residents has successfully sued owner Killam Properties. The 300 families at Mountain View Trailer Park in Echo Lake, Nova …

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Anticipated: Modular Housing Projects in Vancouver

The Vancouver Sun says one of the hot topics in 2013, according to Adjunct Professor Michael Geller at the Simon Fraser University Centre for Sustainable Community Development, will be increased demand for modular housing in British Columbia, Canada. He says interest in factory-built methods will be spurred by the time-lapse …

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Modular Homes will be moved to different First Nation Site

CBCNews reports from Manitoba, Canada about 40 of the 65 modular homes offered to the Lake St. Martin First Nation will be shipped to the Little Saskatchewan First Nation following the spring flooding of 2011 that displaced members of both communities. Only 13 of the homes at Lake St. Martin …

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Killam Seals the Deal

To follow-up on a story we posted Dec. 12, 2012, the underwriters for Killam Properties, Inc.’s public offering quickly took advantage of the opportunity to purchase an additional 375,000 shares of Killam’s common stock at $12. per share. Led by RBC Capital Markets, the public offering closed Dec. 10, 2012, …

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Forbes: Make a Killing with Killam?

Forbes reports one way to measure the level of fear in a stock is the Relative Strength Indicator (RSI), a technical analysis indicator which measures momentum on a scale of 0 to 100, and anything below 30 translates into a stock being oversold. Tuesday’s trading on the Toronto Stock Exchange …

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MHC Closing

The Province in Vancouver, British Columbia, Canada says the last of four seniors at Abbotsford’s Garden Village MHC, which once was home to 101 residents will be moving before the official closure of the community Jan. 15. While provincial law requires owners to give residents 12 months written notice plus …

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MH Homeowners Denied Right to Form Association

A group of ten residents of Westview Village Mobile Home Park in Kelowna, British Columbia, Canada, frustrated that management was not enforcing maintenance rules on some of the properties, attempted to form a neighborhood association. Kelownacapnews informs MHProNews a group calling itself Westview Village Concerned Homeowners sent a letter to …

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Snakes Alive! Modular Homes Sitting Empty

After Spring 2011 flooding forced 1,000 Lake St Martin First Nation residents from their homes in central Manitoba, Canada, the provincial government set up 60 furnished modular homes on a former radar base near Gypsumville. According to WinnipegFreePress, nine months later only 13 families have taken up the offer, others …

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First of 40 Modular Homes is Dedicated

DailyCommercialNews reports from Saskatoon, Saskatchewan, Canada the first of 40 affordable two and three-bedroom modular housing units was sited in the Blairmoore neighborhood of Saskatoon. The $7.2 million project is receiving funding from the federal and provincial governments, and from their partnership with privately-held Innovative Residential, Inc., and the city …

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MOD Builder Brimming with Business

WDAZ-TV reports from Grand Forks, North Dakota modular home builder Homark Homes is having trouble keeping up with demand for housing coming from the oil boom in western ND. Located just across the ND border in northwestern Minnesota, a strong Canadian dollar is bringing business from the north as well. …

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Affordable Housing in Northern Canada

CFTK-TV reports from northernwestern British Columbia (BC), Canada the residents of Telkwa, BC have just dedicated an eight unit modular housing project for seniors and persons with disabilities. Managed and operated by the Telkwa Senior Housing Society, the homes are outfitted with special needs features and fixtures. The $1.3 million …

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