Sun Communities, Inc. (NYSE: SUI) reported its Q3 2016 results on November 1, 2016. For the quarter ending September 30, 2016, total revenues increased $64.3 million, or 34.7 percent, to $249.7 million compared to $185.4 million for the same period in 2015. Net income available was $18.9 million, or $0.27 …
Drew Industries Inc. (NYSE:DW) is scheduled to release its Q3 2016 earnings data this morning at 8:30 a.m. ET. Analysts expect Drew to post earnings of $1.20 per share (EPS) and revenue of $392.70 million for the quarter, according to The Cerbat Gem. During its Q2 earnings call on August …
Drew Industries to Announce Q3 Earnings; Analysts, Big Banks Bullish Read More
Troy, Michigan-based Champion Homes has opened a 100,000-square-foot facility in Benton, Ky. The facility represents a $6.3 million investment for Champion and is expected to create 150 new jobs. “At Champion, we’re driven to produce the highest-quality affordable housing in part because we understand the special feeling our customers have …
Champion Homes Opens Manufactured Home Plant in Kentucky Read More
The Novi Home Show took place October 14th-16th in Novi, Michigan and featured six different manufactured home models, courtesy of the Michigan Manufactured Housing Association (MMHA) as a part of the Suburban Collection Showplace. Billed as “a show within a show,” nearly 5000 people had a chance to tour models from …
Clayton Homes, a subsidiary of Berkshire Hathaway, has acquired Lee’s Summit, Missouri-based Summit Custom Homes, according to the Kansas City Business Journal. The acquisition was made by the company’s site-built division, Clayton Properties. As Daily Business News readers are aware, Clayton Homes is the largest producer of manufactured homes in …
Drew Industries, Inc. (NYSE: DW) has received a “buy” rating from analysts, according to a recent report from StockzIntellegence, Inc. Citigroup provided its “buy” recommendation on August 15th with a target price of $110.00, up from $85.00 in May. Drew Industries’ share price has increased 47.62 percent since March 24th, 2016 …
We began the month with this thought-provoking theme: Obstacles and Opportunities in Affordable Housing – October 2016. That link will take you to all of the featured articles and interviews this month. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a …
In a story that’s included allegations, activists, protests and politicians calling for a change in state law, there’s a new twist in the Cal-Am/Heritage Village saga in Oregon. Sixty volunteers from Rebuilding Together, a Beaverton based non-profit that helps low income homeowners with free repairs, arrived at Heritage Village on …
Volunteers Make Statement, Repairs at Heritage Village Read More
America invented 3D printing. But when you track the stories about 3D technology, as MHProNews does as a trade publisher, what you see are the occasional examples of 3D printing of housing being used here in the U.S., as in the example here. CraveOnline recently covered three of the new …
Is America losing the 3D Technology race in housing? Read More
We began the month with this thought-provoking theme: Obstacles and Opportunities in Affordable Housing – October 2016. That link will take you to all of the featured articles and interviews this month. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a …
Clayton Homes announced this week that all 36 of its home building facilities in existence in 2015 have attained International Organization for Standardization (ISO) 14001 registration. The registration means that Clayton has implemented the necessary sustainable-building guidelines required by the ISO. The company achieved the distinction of being the first …
Equity LifeStyle Properties, Inc. (NYSE:ELS) reported Q3 2016 earnings and provided guidance for 2017 via conference call on October 18th. According to baseballnewssouce, ELS reported $0.83 earnings per share (EPS) for the quarter, and revenue of $226.20 million for the quarter, compared to the consensus estimate of $116.42 million. The stock …
Revolution Precrafted Properties is a company that touts how they bring together over 30 of the world’s preeminent architects, artists and designers to create an exclusive series of prefab, livable spaces. The firm has announced that Simple – a Jean Nouvel Collectible Home – has been installed as part of the upcoming …
PreFab Home Installed in Two Days as Part of Global Parisian Show Read More
Continuing the celebration of our 7th year of uninterrupted factory-crafted housing trade media publishing, we began the month with this thought-provoking theme: Obstacles and Opportunities in Affordable Housing – October 2016. That link will take you to all of the featured articles and interviews this month. Manufactured, modular and prefabricated home …
Skyline Corporation (NYSE:SKY), one of the larger and oldest independent producers of HUD Code manufactured homes, announced its results for Quarter 1 2017 this week. The company reported net sales from continuing operations of $61,176,000, states their official report. That includes an increase of approximately 26% over net sales of …
Apple’s latest update – iOS10 – produces a screen view shown in the photo at the left that features a news widget with headlines that users did not request. A call to Apple’s support line was connected to a technical service representative, who was asked how these particular news sources …
Is Apple iPhone latest News Update an Effort to Influence 2016 Election? Read More
Sun Communities Inc. (NYSE: SUI) and Equity LifeStyle Properties Inc. (NYSE: ELS) each provided preliminary assessments of the impact from Hurricane Matthew on their properties. Sun Communities reported that the bulk of any losses expected to be related to removal of damaged trees and debris cleanup and more thorough inspections …
MHC Leaders ELS, Sun – Assess Hurricane Matthew Impact Read More
Skyline Corporation (NYSE:SKY) has seen its stock price on the rise recently, hitting a 52-week high of $12.72 last month. Daily Business News readers will recall that we covered the rise of Skyline’s stock in a recent story, here. According to a story from equities, Skyline’s stock is up 278 …
Zacks Investment Research cut shares of Sun Communities Inc. (NYSE:SUI) from a “buy” to “hold” rating in a memo issued to investors on October 5th, according to The Cerbat Gem. As regular Daily Business News readers already know, Sun owns and operates 338 manufactured home and recreational vehicle communities located in …
Factory-built housing pros well know the growing need for affordable homes. Texas-based Arched Cabins is tapping the ‘tiny side’ of that niche, with do-it-yourself (DIY) models that can start under $10,000. Wide Open Country, Tiny House Living and Tiny House Talk are three of several thousand search results that come …
DIY Prefabricated “Arched Cabin” for Under $10K? Yes, but… Read More
