From Emmett, Idaho businesswire informs MHProNews of the Q2 fiscal year results for T.J.T. Inc., a provider of axles, tires and set-up materials to the manufactured housing industry. Net sales rose 14 percent from $1,266,699.00 in the same quarter last year to $1,440,024 this quarter. Sales resulted in a net …
Manufactured Housing Industry Supplier, T.J.T., Reports Quarterly Results Read More
In this week’s news, although we did not cover it, we are reminded of the power of nature as a tornado devastated a small town in Illinois. Otherwise, H. R. 650 may hit the House Floor this week. Can Tiny Homes site in MHCs? Modular housing being weighed in Boston, …
Sunday Morning Recap–April 5, 2015 to April 11, 2015 Read More
As follow-up to a post MHProNews reported Sept. 24, 2014 regarding the stand-off between Forest City Ratner and Skanska over the 32-story Brooklyn modular housing complex—now called Pacific Park Brooklyn– partially completed, theguardian states construction will resume. Forest City had accused Skanska of cost overruns, while Skanska leveled charges of …
Brooklyn’s B2 Modular Tower to Resume Minus Modular Read More
Noting that HUD Code manufactured homes can withstand winds up to 120 MPH, and that it’s the add-ons, typically a carport or porch, that may present a danger during windstorms, Victor Frost of Fairfield Homes and Land gives this analogy: “It is like opening a pop top can where you …
MH Retailer Fairfield Homes and Land High Standards attract local media attention Read More
Manufactured housing component supplier Drew Industries, Inc. (NYSE:DW), of Elkhart, Indiana, has informed MHProNews that Joseph S. Giordano III, will be leaving his posts as treasurer and Chief Financial Officer (CFO) as of Aug. 31, 2015 to pursue other business opportunities. He joined Drew as Corporate Controller in 2003, and …
Executive Change at Manufactured Housing Component Supplier Read More
As growing populations and housing shortages continue to confound especially urban planners, one solution lies in modular fabrication, as theguardian informs MHProNews. While proponents say this method is the way forward because it is energy efficient, allows for more quality control and savings in time and energy, and produces less …
Modular Building: Front End Savings, but Long Term Sustainability? Read More
MHProNews has learned from PRNewswire that M. Scott Welch has been appointed to the Board of Directors of Patrick Industries, Inc. (NASDAQ:PATK), an Elkhart, Indiana-based major component supplier to the manufactured housing and recreational vehicle industries. Welch is the President and CEO of Welch Packaging Group, one of the largest …
Since 1989, NB Wood Products in Ford City, Pennsylvania has produced handrails, moldings, kitchen cabinets and other custom wood items, primarily for the manufactured home industry. Starting with raw maple, red oak, hickory, ash and cherry hardwoods, NB Wood Products uses computer-driven woodworking equipment and a sophisticated finishing system to …
Manufactured Housing Component Supplier expects Uptick Read More
Aries Building Systems of Texas, builder of modular schools, multifamily housing and hospitals is expanding into Oregon and the northwest. From its headquarters in Bellevue, Washington, the company will have facilities in Bend, Oregon and Vancouver, Washington. Aries plans to focus on custom and standard temporary and permanent modular buildings, …
Modular Building Producer Expanding into Northwest Read More
In Mountain View, California Rod Fox and Emily Gwynn left their $2,540/month, 800 square-foot apartment and moved to a 1,370 square foot manufactured home (MH) in Adobe Wells Mobile Home Park in Sunnyvale, CA. In the Bay Area, where median home prices hit $782,000, they are paying about the same …
HUD Code production continues rising, China going modular, Cavco Acquisition, Affordable housing lags, New MHC in Arizona, Inmates Building Modular Homes, Champion Partners with Winnebago, MHCC Suggests Multifamily HUD Code Homes and more. Mon., March 30 Rising Land Values Force Older Manufactured Home Communities Out China Choosing Modular for Hotels, …
From Elkhart, Indiana insurancenewsnet informs MHProNews Skyline Corp. reports net sales from continuing operations for fiscal Q3 2015 increased 26 percent to $38,109,000 from $30,169,000. The company reported net loss from continuing operations fell from $3,906,000 a year ago in Q3 to $2,911,000. The net loss from discontinued operations dropped …
From Freehold, New Jersey, President of UMH Properties, Inc. Samuel A. Landy tells MHProNews that Regina Beasley and Robert “Bob” VanSchuvyer have been appointed as vice presidents. According to prnewswire, Mr. Landy said, “Both Robert and Regina have added significant value to the manufactured home communities acquired by UMH and …
UMH Selects Vice Presidents, Declares Cash Dividends Read More
MHProNews has learned from NASDAQ that Sun Communities, Inc. has closed on the $256.2 million deal for seven manufactured home communities comprised of 3,130 homesites, and 60 percent of which are age-restricted communities. Ninety-six percent of the sites are occupied, and there are 380 additional sites that could be developed. …
Sun Closes on Orlando area Manufactured Home Communities Read More
Manufactured and modular home (MH) and Park Model recreational vehicle (RV) producer Champion Home Builders, Inc. has entered into a licensing agreement with RV maker Winnebago Industries, Inc. (NYSE:WGO) to manufacture a line of Park Model RVs. Champion will introduce the first Park Model RV at Winnebago’s Dealer Days in …
Champion to Partner with Winnebago for RV Park Models Read More
Drew Industries, Inc. Chief of Financial Operations (CFO) Joseph S. Giordano III sold 19,500 shares of Drew stock on the market March 24, according to a filing with the Securities and Exchange Commission (SEC). According to what dakotafinancialnews tells MHProNews, the stock was sold at $64.75 per share, totaling $1,262,625.00. …
According to rvbusiness, Phoenix-based Cavco Industries, Inc. has acquired Chariot Eagle, Inc. of Ocala, Florida, a manufacturer of Park Model recreational vehicles (RVs) and manufactured homes. This will add to Cavco’s current line of park model RVs, and extend the company’s each into the southeastern U. S. Cavco’s CEO and …
Cavco Industries Acquires RV and Manufactured Home Producer Chariot Eagle Read More
MHProNews has learned from wantchinatimes the China Business News (CBN) reports modular building not only reduces construction time but also can be dismantled easily, leaving small trace of debris. China’s Broad Group completed assembly of a 57-story building in 19 days, and as MHProNews reported June 4, 2013, has plans …
The Tunica Manufactured Housing Show in Mississippi shared the spotlight this week with the House Financial Services Committee passing the Preserving Access to Manufactured Housing Act out of committee and headed to the House floor for a vote. Additionally, IKEA prepares to ship 10,000 durable modular shelters to Iraqi homeless …
Sunday Morning News Re-Cap March 22 to March 28, 2015 Read More
MHProNews has learned from cnnmoney that Elkhart, Indiana-based Skyline Corp. (NYSEMKT:SKY) has obtained a three-year secured revolving line of credit with First Business Capital Corp. The agreement will allow Skyline to borrow up to $10 million. Secured by the company’s assets, the funds will be used for working capital, and …
