Company News

Modular Apartments Fill tight Space in Seattle

A 49-unit modular apartment building is rising in the Belltown area of Seattle, Washington. Calling itself the “future of in-city living,” NHabit is squeezing the 14 X 30 foot studio apartments between a high-rise apartment building and a grocery store. Each unit will have a balcony, kitchen, bath and an …

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UFPI to Post Q3 Results

Universal Forest Products, Inc. (NASDAQ:UFPI) will release its Q3 2013 financials Thursday, Oct. 17, at 8:30 AM EST. Headquartered in Grand Rapids, Michigan, as MHProNews knows the company supplies the manufactured housing industry with solid wood and wood-like products as well as plastic and other materials. Analysts expect UFPI to …

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Is Demand for Land Lease Communities Heating Up?

Private equity firm Carlyle Group LP has entered the manufactured housing community (MHC) business in acquiring two communities in Florida from Shamrock Holdings LLC of Arizona for $30.8 million. While this is the company’s first foray into the MH industry, analysts say investors are betting this aspect of the housing …

Is Demand for Land Lease Communities Heating Up? Read More

Champion Marks its Tenth Project in North Dakota

Champion Home Builders has been contracted to supply two modular apartment buildings to North Dakota’s Bakken oil formation, providing Watford City and Williston with over 100 apartments and townhomes, according to ourmidland.com. Marking Champion’s ninth and tenth project in the area, the Wolf Run Village in Watford City will consist …

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Modular Builder Goes High Tech with Affiliates

Modular home manufacturer Ritz-Craft Homes of Mifflinburg, Pennsylvania has become the first modular home builder to develop an iPad app for their network of builders, allowing them to access information about pricing, options, floor plans and specification sheets. Noting builders are spending more time away from their offices, Ritz-Craft’s Reed …

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New Jersey Modular Home Factory Aims High

Following up on a story MHProNews posted Oct. 11 concerning a Camden, New Jersey warehouse that is being transformed into a modular housing factory, 2,000 showed up at the ribbon-cutting ceremony looking for work. ACTS Industries, LLC intends to hire 1,000 people at $15 an hour. ACTS CEO Irv Richter …

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Patrick to Release Q3 Financials

Elkhart, Indiana-based Patrick Industries, Inc. (NASDAQ:PATK) announces its release of third quarter 2013 earnings before the market opens on Thursday, Oct. 24, 2013, according to 4-traders.com. President and CEO Todd Cleveland and CFO Andy Nemeth will host a conference call that morning at 10:00 AM EST to discuss the results. …

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Empty Building will come to Life Producing Modular Homes

A group of businessmen seek to turn a a long-vacant warehouse in Camden, New Jersey into a global manufacturer of modular homes, with the potential of hiring 1,000 employees. The $30 to $40 million for the project is expected to come from private, state and federal sources, with a planned …

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Parkbridge Opens New Community

Owner/operator of manufactured housing communities in Canada, Parkbridge Lifestyle Communities, Inc. is using air miles to lure customers to its newest retirement community in Spruce Grove, Alberta, Canada. Heritage Creek homebuyers can earn 10,000 reward miles on any new home purchase of $220,000 or more as long as the deal …

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Acquisition Feeds into Manufactured Housing Production

MHProNews has learned from fortmillstimes.com a Berkshire Hathaway subsidiary has acquired Kova Solutions, LLC, a provider of business management software targeted to integrating and controlling residential construction and manufactured housing from beginning to end, from sales to scheduling to warranty. Chesterfield, Missouri-based MiTek, a Berkshire Hathaway company since 2001, with …

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Maine Modular Development Seeking Year-round Occupancy

The owner of the 53 home sites at Summer Winds in Old Orchard, Maine hopes to convince the town’s planning board to change use of the units from seasonal to year-round. The gated community is currently classified as a resort community that can only be occupied from April 1 to …

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Oak Creek Celebrates Milestone

Founded in 1971 as a manufactured home retailer, Oak Creek Homes of Texas began building manufactured homes in 1993 and recently celebrated the production of its 50,000th home, as MHProNews has learned. With manufacturing facilities in Fort Worth and Lancaster, Texas and Lynn, Alabama the 705 employees build homes ranging …

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Manufactured Home Drivers Stop Short of Certain Damage

The drivers of the two sections of a manufactured home temporarily blocked northbound Highway 29 in California after taking the wrong route and realizing their loads would not clear the Old Sonoma Road overpass. They were supposed to take Highway 221 on their way to Napa Valley Mobile Home Park …

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Green Courte Announces Vice President

Green Courte Partners, LLC of Lake Forest, Illinois announces the appointment of Susan A. Rowe to head the firm’s sustainability initiatives dealing specifically with manufactured housing communities and parking facilities. According to digitaljournal.com, Ms. Rowe will represent Green Courte at the Real Estate Roundtable’s Sustainability Policy Advisory Committee and at …

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Universal Acquires Concrete and Lumber Supplier

Grand Rapids, Michigan-based Univesal Forest Products Inc. (NYSE:UFPI) is acquiring certain assets of SE Panel and Lumber Supply of South Daytona, Florida for an undisclosed dollar amount. According to businessweek.com, the acquisition, which adds products to its lineup and expands its reach, is expected to close next month. As MHProNews …

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Clayton Homes Sponsors Annual Fundraiser

The fifth annual Clayton Homes Turkey Trot for Education, a 5K run/walk or one mile fun walk will be held Nov. 24 starting at Clayton’s corporate headquarters in Maryville, Tennessee to benefit the Blount County Education Foundation (BCEF). Areas of need are prioritized in the schools, according to thedailytimes.com, and …

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74 Percent of Manufactured Home Sites Sold

With home sites priced from $14,900 to $34,900, 23 out of 32 sites have been sold in Phase 2 at Country Estates manufactured homes subdivision in Fort Myers, Florida, says LeeCorp Homes. The 55-plus deeded lot development, according to naplesnews.com, offers lot and home prices from the low-$100,000s. MHProNews has …

74 Percent of Manufactured Home Sites Sold Read More

Leveling Solution Available for Manufactured Homes

Creative Concrete Products, LLC of Mount Vernon, Washington produces and installs Duraskirt, a concrete re-leveling skirting for manufactured and factory-built homes produced before 1995 that rest on steel frames supported by piers instead of a foundation. A change in leveling may be caused by the ground settling, resulting in doors …

Leveling Solution Available for Manufactured Homes Read More

Reality Show Star Endorses Clayton Manufactured Home

As follow-up to a story MHProNews posted July 29, 2013 regarding a reality TV show about a backwoods Louisiana family that built a dynasty selling a duck call and hooked up with Clayton Homes, Clayton is now offering a limited edition home inspired by one of the show’s stars. Si …

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Company Moved from Single Modular Homes to Housing Developments

M SPACE Holdings LLC formed in 2001 to provide emergency modular housing for catastrophic events, but has since branched into building up-scale and workforce modular housing, especially in the Williston Bakken oil and gas development in North Dakota. The company currently has seven developments located across six different locations, and …

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