President and Treasurer of the Recreational Vehicle (RV)/Manufactured Housing (MH) Hall of Fame Darryl Searer has agreed to continue leading the Hall for an additional two years, according to chairman of the board Barry Cole. Searer will also become chairman when Cole’s term expires in 2014 because Jay Hesse, who …
The New Jersey Small Business Development Center (NJSBDC) honored modular home builder RBA Homes of Red Bank, New Jersey for doubling staff and sales revenues, according to redbankpatch.com. RBA President Bill Lashovitz in turn thanked counselors at NJSBDC for helping the company rebound after Hurricane Sandy and for help in …
Peter Gallagher, vice president of sales and operations of Liberty Homes Custom Builders (LIBHA) in Pocono Lake, Pennsylvania, has been elected vice-president of the Pennsylvania Builders Association (PBA), a nonprofit trade group that offers homebuilders opportunities for networking and examining governmental issues related to the trade. Liberty is a long-time …
Liberty Homes Veep now a Veep for Trade Organization Read More
Although Walker County, Alabama, just west of Birmingham was spared extensive damage during the April 2011 tornadoes that devastated several communities, work has begun on two of the 21 modular storm shelters approved by the Federal Emergency Management Agency (FEMA). Concrete pads have been poured in the Thach community and …
According to wkrb13.com, manufactured housing community (MHC) owner Equity LifeStyle Properties (NYSE:ELS) will announce its earnings results Tue., Jan 28. While the stock opened at $37.10 Mon., Jan 27, it has a 52-week low of $33.36 and a 52-week high of $42.86. The company has a market cap of $3.091 …
The board of directors of real estate investment trust (REIT) Sun Communities, Inc. has announced an increase of $0.08 per common share for its 2014 target distribution rate to $2.60. While the board has adopted this new rate, it will still be subject to approval by the board each quarter …
MHProNews has learned from private sources that North American Extrusion and Assembly (NAEA) has inked an exclusive agreement with Wolfpack Chassis to provide the manufactured housing (MH) and recreational vehicle (RV) industries with premium windows. The Noble line of windows were introduced at the Louisville Manufactured Housing Show this past …
Wolfpack and North American Extrusion Sign Exclusive Deal Read More
Lippert Components, Inc. of Elkhart County, Indiana received final approval from the Goshen (IN) Plan Commission to rezone 56 acres from Agricultural A-1 to Industrial M-1 for future use by the company. The city originally annexed the area April 1, 2012, according to RVBusiness.com, with the intent to rezone it …
Just as we learn half of our Congressional representatives in Washington are millionaires, and that the rich are getting richer, MHProNews has learned more Mr. and Mrs. D. Pockets are back on the scene building mega mansions. According to the Mortgage Bankers Association (MBA), applications for home loans of $625,000 …
The 125,000 square foot industrial space in Bend, Oregon at one time occupied by Fuqua Homes, Inc. has been sold to a hedge fund manager and his wife for $2.7 million. The couple will likely develop it into a multi-tenant facility, according to bendbulletin.com. Fuqua Homes built manufactured and modular …
American architectural firm KieranTimberlake (Stephen Kieran and James Timberlake), taking a page from Henry Ford and his numerous prototypes (the “Model T” derives from the 19th letter in the alphabet, because Henry had 18 previous failures), are working to transform architecture beyond its traditional guidelines into the domains of software …
India may be Inundated with Millions of Modular Homes Read More
Pursuant to Killam Property, Inc.’s (TSX:KMP) dividend policy, the board of directors has declared a monthly dividend of $0.05 per common share to be paid on Feb. 17, 2014 to shareholders of record as of Jan. 31, 2014. Based in Halifax, Nova Scotia, Canada, this marks Killam’s first dividend reflecting …
Taking over a one-time manufactured housing plant in Johnstown, Colorado, PTI Group has converted the 113,000 square-foot facility to constructing modular workforce housing for the oil, gas and mining industries in Canada. Based in Alberta, Canada, PTI scouted 78 cities before choosing the Denver area because of the availability of …
Former Manufactured Housing Plant Bustling with Modular Workforce Units Read More
Following up on a story MHProNews posted Jan. 31, 2013, regarding $125,000 in seed money received by Wolfpack Chassis from Elevate Ventures’ Indiana Angel Network Fund (IANF), the Kendallville, IN-based company announces the completion of a $625,000 round of financing. Wolfpack manufactures chassis and chassis components for the manufactured housing …
Manufactured Housing Chassis Firm Firms-up Financing Read More
As follow-up to a story MHProNews last posted May 22, 2013, the Clayton-Bradley Academy, which opened on the grounds of Clayton Homes in July, has announced plans to add four classrooms to the school which currently serves 78 tuition students. Dr. Don Bruce, chairman of the nonprofit organization Innovative Education …
Clayton-Bradley Academy Adding Classrooms Ahead of Schedule Read More
Black Diamond Structures of Calgary, Alberta, Canada, which rents and sells remote workforce housing and modular workspace solution, has announced it will pay a dividend of $0.075 per share for January, 2014. The company’s board of directors reports the dividend will be paid on February 18, 2014 to shareholders of …
Modular Accommodations Supplier Declares Monthly Dividend Read More
TJT Inc. (OTC Markets: AXLE) reports a net profit of $75,815, $.02 per diluted share for the first quarter of fiscal year 2014, as compared to a net loss of $302,189 for the same quarter in the previous year. According to marketwatch.com net sales for Q1 2014 increased 90 percent …
The Billings County Fryburg School in western North Dakota was sold for almost $500,000 to Louisiana-based Energy Resource Group for a man camp for the Bakken oil field workers, but the company never followed through. The bismarcktribune.com reports an Alabama-based company, Bakken Suites of Fryburg, has more recently filed a …
Champion Homes will close its Carolina Building Solution plant in Salisbury, North Carolina in March, and consolidate it with its facility in Lillington, NC 80 miles to the east. Some of the 93 employees may relocate to Lillington depending upon how many are needed, but Salisbury Plant Manager Jeff Mooring …
One of the subsidiaries of Universal Forest Products, Inc. (NASDAQ:UFPI) has agreed to purchase the assets of National Fiber, a manufacturer of environmentally sound cellulose insulation serving clients in the Northeastern U. S. Located in Belchertown, Massachusetts, National Fiber also sells special machines required to install the insulation, and offers …
Universal Forest Products Acquires Insulation Producer Read More
