From Freehold, New Jersey the SacramentoBee says UMH Properties has completed the underwriting of one million shares of its 8.25% Series A Preferred Stock at $25.292 per share, and anticipates a net return of $24,500,000 before expenses. The company intends to acquire additional properties and pay down debt with the …
Following up on a story we published Sept. 8, 2011, ReinforcedPlastics says Toronto, Canada-based Innovative Composites International, Inc. (ICI) has completed its Orangeburg, South Carolina plant designed to produce five million square feet of modular homes annually. The 880 square-foot EcoScape homes, a modular unit especially designed for affordable housing …
ATCO Structures and Logistics of Alberta, Canada, is opening its third plant in the U.S., a 200,000 square foot facility in Pocatello, Idaho to meet growing demands for its modular buildings, according to IndustryWeek. Over 150 plumbers, electricians, and carpenters, plus office staff and additional production workers will be employed …
ICF International recently announced the company has been awarded a new contract to support the energy efficiency portfolio for a major U.S. utility. Through this contract, ICF will promote increased energy efficiency in the residential market. Efforts will include programs for existing multifamily properties, manufactured housing, new home construction, agricultural …
ICF International Awarded $6 Million Energy Efficiency Contract Read More
An item on the Avalon Homes blog points out the fact that modular homes contain thirty percent more wood than site-built homes. Of all the wood homes produced, the company says modular homes are the strongest. Because they have to be built for transportation, additional measures are taken to stablize …
From the Observer in Dunkirk, New York, MHProNews.com learns that dealer Owl Homes has been named the largest in the state. Owl Homes of Fredonia was recognized by Commodore Homes Corporation as the largest single-lot dealer of modular and manufactured homes in the state of New York,. The company recorded …
Axle maker T.J.T., Inc. announced today that it has filed suit against four former management employees on the grounds of the alleged wrongful use, disclosure and acquisition of trade secrets, breach of fiduciary duties and tortuous interference with third-party relationships. The suit names Fred Amen, Doug Strunk, Mike Gentry, and …
TJT Files Suit, Alleges Wrongdoing by Former Officials Read More
It is with regret that we report Stephen W. Esslinger, a long standing Community Owner passed on March 23, 2012. Esslinger took over a South Orange County community in 1987, then owned by his grandparents’ trust, and built it into one of the most desireable communities along the California coast. …
Devereaux Homes and Developments in Regina, Saskatchewan, Canada is busy assembling multi-unit modular apartments at Sky Harbour Estates. CEO Denis Jones says while single-family and two story modular building has been around a long time, it’s only recently the technology has been applied to multi-unit developments. Upon completion, Sky Harbour …
In a press release, MarketWatch says NADAguides Manufactured Housing CONNECT provides instant valuation of homes from 1963-2012, in a web-based application, with adjustments for geographic location, community and loan valuation guidelines, condition, accessories, and repairs needed. The guide helps lenders, retailers and community owners evaluate MH. The release says NADAguides …
From the headquarters in Concord, New Hampshire of ROC (resident-owned communities) USA, LLC President Paul Bradley informs MHProNews.com Michael Bullard has joined the ROC team as Communications and Marketing Manager effective April 9, 2012. For nearly ten years Bullard has been Executive Editor of the Cecil Whig newspaper in Cecil …
Calgary-based Black Diamond Group Limited announced recently the company will webcast its 2012 Annual Meeting of Shareholders. The meeting will be held at 3:00 p.m. MDT on Wednesday, May 2, 2012 in the Devonian Room at the Calgary Petroleum Club at 319-5 Avenue S.W., Calgary, AB T2P 0L6. Those shareholders …
From New Zealand and Hawke’s Bay Today, MHProNews.com learns that Pacific Wood Products (PWP) will close a plant in Napier and comes with the loss of 41 jobs. “The business has struggled to maintain financial viability, given the current conditions of low demand for its products,” a statement read. the …
In a short video, Baristanet informs MHProNews, Fredco Modular Homes of Passaic, New Jersey details the erection of an Excel four bedroom, two bath, two-story modular home in one day. Since 1979 the Fredco Group has been involved in site development, golf course/sports field construction, and landscaping/hardscaping, including the construction …
WoodworkingNetwork informs MHProNews.com Universal Forest Products, Inc. (UFPI) has instituted a software system to document usage of 300 production tools. The new system, called Intooligence, and developed by an Elkhart, IN company of the same name, maintains a database of serial numbers of cutterheads, links to knife sets, keeps track …
MHProNews.com has learned from IntelligencerCanada Royal Homes Ltd. of Wingham, Ontario won the contract to supply the Canadian Forces Housing Agency (CFHA) at CFB Trenton with a two-story modular home. The 1,437 square foot dwelling will have three bedrooms, 1 1/2 baths, an attached garage, and a fire suppression system …
CTVBC in Canada reports Ikea is producing a flat-packed do-it-yourself modular home for sale in the U.S. furnished with their signature cabinetry, flooring and wardrobes as well as Energy Star appliances. Priced at $86,500, the 745 square-foot space-saving home, the Aktiv, has an open living/dining/kitchen area, a single bedroom and …
While noting modular villas being built in in one day in southern Iraq by Rotondo Weirich of Pennsylvania, as we published here March 6, 2012, FraserCoastChronicle of Australia reports Hutchinson Builders is constructing a modular three-story accommodation (residential) building for Central Queensland University (CQU) in northeast Australia for their Mackay …
TradersHuddle tells MHProNews.com long-time executive in the MH and Mod transportation industry Shawn CJ Kling has been elected to the board of directors of T.J.T., Inc. to fill an unexpired Class III Director term. The company provides recycled tires and axles to the manufactured housing industry in ten western states …
From AllAfrica, MHProNews.com learns the housing shortage in Namibia will be met in part by Nami Prefabricated Housing cc, a Chinese company that will produce 18 two-bedroom homes daily. Nami is 70 percent complete with establishing its five distinct manufacturing facilities that will make the panelised homes which in turn …
