Custom home modular producer Innovative Building Systems (IBS) of Mechanicsburg, Pennsylvania is acquiring modular manufacturer Future Home Technology, Inc. of Port Jervis, New York.

IBS offers custom modular homes from five facilities stretching from Maine to Iowa under brand names Excel Homes, All American Homes, Modukraf Homes and Keiser Homes.

As MHProNews reported December 9, 2013, IBS purchased Keiser Homes through its Excel Homes division. According to PRWeb, Future Home has been building custom modular single-family homes and commercial multifamily buildings since 1986 in the northeastern United States.

While the deal is expected to finalize in November., terms of the acquisition were not available. ##

(Photo credit: Excel Homes–two-story modular unit being sited)

(Submitted by Matthew J. Silver to the Daily Business News-MHProNews)