TradingCharts reports Cavco Industries, Inc. will release its earnings report for Q3 of fiscal year 2013 Thurs. Jan. 31 after the market closes. Senior officials will discuss the results in a live webcast Fri. Feb. 1 at 11:00 AM eastern time. Listen via Internet: http://www.cavco.com under the Investor Relations link. …
According to crainsnewyork, CEO and Chairman of Forest City Ratner Bruce Ratner is relinquishing his role as CEO, and Mary Anne Gilmartin, who became executive vice-president in 2007, will replace him. Although it is not clear why or when, one source said Ratner would clearly continue to be involved with …
A Prefab Grows in Brooklyn, p.3, or-Massive MOD Project Changes Head Read More
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 …
The ridgefieldpatch tells MHProNews from the southwest corner of Conn. the people of Ridgefield have seen a number of affordable housing units in their town recently. Currently before the Planning and Zoning Commission is a proposal for an eleven unit modular housing development. By law affordable housing developers must designate …
The billingsgazette reports Canadian-American Structured Solutions, Inc. (CASS), which opened its doors in May, 2012 in Billings, Mont. to build modular homes to help meet the housing shortage in ten western states and three Canadian provinces has announced it will layoff about 30 employees as a temporary measure. CASS’ president …
DailyFinance tells MHProNews T. J. T., Inc., based in Eagle, Idaho reports a net loss of $1,149,000, $.25 a diluted share, for fiscal year 2012 for this supplier of axles, tires and set-up supplies for the MH industry. Lower sales volume combined with an increase in SG&A (selling, general and …
As follow up to a story we posted Dec. 4, 2012 concerning the Huntington Beach (Calif.) City Council approving a subdivision map for an MHC to become a resident-owned community, MHProNews learned that after a superior court judge charged the city council and city attorney with contempt, the city council …
The Globe and Mail from Toronto informs MHProNews Jason Halter and Michael de Jong have created a two-story modular house from 70% recycled materials. Using shipping container steel frames clad in cedar, the homes start around $115 a square foot. While this energy efficient house can be had with Italian …
Insidermonkey reports while the stock of some of the nation’s largest traditional home builders rose tremendously in 2012, investors should pay attention to manufactured home companies. Specifically, while noting the MH industry is at a distinct disadvantage because of the government’s support of the mortgage purchase programs, nevertheless Clayton Homes’ …
The Star-Telegram reports from Fort Worth, Texas Stramit USA utilizes wheat straw to make modular man camps for the burgeoning oil boom towns. By treating and compressing the wheat fiber, boards are made for construction and insulation. Tim Evans of Stramit compares it to fiberglass and foam. “Wheat straw and …
SFGate reports modular builder Greenfab of Seattle will have two fully-constructed modular homes on display at the National Association of Home Builders’ (NAHB) International Builder’s Show (IBS) in Las Vegas Jan. 22-24. The builder of the first modular LEED Platinum home in the state of Washington last year, Greenfab is …
SeekingAlpha, noting trends in the global economy, picks out five stocks it says will be lucrative in the long run, and one of them is Berkshire Hathaway (BRK-A, BRK-B). As the housing market continues to recover, columnist Frank J. Constantino says Berkshire does has a broad range of investments, but …
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 …
DailyMarkets reports from Freehold, New Jersey UMH Properties, Inc. (UMH) board chairman Eugene W. Landy said the board of directors declared a quarterly cash dividend of $0.18 per share payable March 15, 2013 to shareholders of record as of Feb. 15, 2013. In addition, the board declared a quarterly dividend …
From north of the border ca.finance.yahoo reports Halifax, Nova Scotia-based MHC owner Killam Properties, Inc. (TSX: KMP) will announce it’s financial results for the year ended 2012 on Tue., March 5 after the market closes. A live audio webcast and conference call will be held the following day, Wed. March …
According to phx.corporate, Southfield, Mich.-based Sun Communities, Inc. will release its quarter four 2012 earnings report prior to the opening of the market on Thursday, Feb. 21, 2013. A conference call to discuss operating results will be held that same day at 11:00 AM (EST). A replay will be available …
StreetInsider reports small-cap equity research provider Sidoti has upgraded Drew Industries (NYSE: DW) from neutral to buy with a price target of $47.00. With a 52-week range of 24.48 to 34.81, shares of Drew closed yesterday at 34.81. As MHProNews knows, Drew Industries supplies the manufactured housing and recreational vehicle …
DigitalJournal informs MHProNews Chicago-based Zeman Homes has acquired the former Touhy Mobile Home Park in Des Plaines, Ill. and renamed it Blackhawk Estates. With over 30 communities in Illinois, Indiana and Michigan, Zeman has added 496 homesites with this acquisition. Normally the company offers homes for rent and for sale, …
HousingZone reports Professional Builder magazine is collaborating with Palm Harbor Homes, IronTown Homes and Greenfab to build three energy efficient model homes for display at the International Builders Show in Las Vegas, Jan. 18-24, 2013. The Aurora is an all-electric home; the Admiral is a Craftsman-style home that has a …
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 …
