Manufactured Homes

Skyline Facility Changes Hands

According to The Press Enterprise, a Chinese maker of scaffolds for the construction industry is purchasing a former Skyline Corp. RV plant in Hemet Calif., just southeast of LA. Skyline closed the facility in April 2012, eliminating 80 jobs. As MHProNews understands, Elkhart, Ind.-based Skyline maintains a manufactured housing plant …

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Cavco Releasing Financials

TradingCharts reports Cavco Industries, Inc. will release its earnings report for Q3 of fiscal year 2013 Thurs. Jan. 31 after the market closes. Senior officials will discuss the results in a live webcast Fri. Feb. 1 at 11:00 AM eastern time. Listen via Internet: http://www.cavco.com under the Investor Relations link. …

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MH Component Maker Expanding

WoodworkingNetwork reports Okaply Industries, a producer of plywood, vinyl laminated panels, MDF, particleboard and mouldings for the manufactured housing and commercial modular industries, is opening a fully-equipped moulding dept. at its facility in Calgary, Alberta Canada. Based in Opa, Quebec, just north of Montreal, Okaply opened the plant in Calgary …

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On the Table: Affordable Housing Ordinance

As follow-up to a story MHProNews last published Dec. 7, 2012, centredaily reports from College Township, Penn., since residents at the Hilltop Mobile Home Park received notices the community will close this Feb., city officials are considering whether to adopt an ordinance requiring developers to include a percentage of affordable …

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Temporary Mfg. Housing to be Okay in OK?

According to enidnews, the Metropolitan Area Planning Commission (MAPC) in Enid, Okla. will consider amending the city municipal code to allow temporary workforce dormitories be sited on land now zoned industrial to meet housing needs for oil and gas field workers. Although no developers have requested the change, the city …

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T. J. T. Reports Substantial Drop in Sales

DailyFinance tells MHProNews T. J. T., Inc., based in Eagle, Idaho reports a net loss of $1,149,000, $.25 a diluted share, for fiscal year 2012 for this supplier of axles, tires and set-up supplies for the MH industry. Lower sales volume combined with an increase in SG&A (selling, general and …

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Community Owner Fights City Hall and Wins

As follow up to a story we posted Dec. 4, 2012 concerning the Huntington Beach (Calif.) City Council approving a subdivision map for an MHC to become a resident-owned community, MHProNews learned that after a superior court judge charged the city council and city attorney with contempt, the city council …

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More Lucrative to Develop MH Property

MHProNews has learned from oregonnow that one of the 14 MHCs that have closed in the Portland, Oregon area since 2005, Baseline Woods Mobile Home Park, in Aloha, will soon see the rise of 230 apartments and 300 homes. While the developer says the housing is needed to respond to …

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FEMA Plans for Disaster Housing

Homeland Security Today tells MHProNews the Federal Emergency Management Agency (FEMA) is holding two half-day briefings Feb. 19 to, one, discuss the construction of temporary manufactured housing with industry officials the first half, and the hauling and installation of the units the second half. FEMA intends to hold a design …

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Louisville Day 1: Attendance rises

MHProNews has learned that the first day of the Louisville Show revealed a rise in attendance. 1,233 attendees of all types arrived on January 23, which already exceeded the total attendance 2012’s 2 1/2 day total. Exhibitors and attendees alike reported an upbeat mood, and a willingness to invest in …

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MH Business a Good Investment

Insidermonkey reports while the stock of some of the nation’s largest traditional home builders rose tremendously in 2012, investors should pay attention to manufactured home companies. Specifically, while noting the MH industry is at a distinct disadvantage because of the government’s support of the mortgage purchase programs, nevertheless Clayton Homes’ …

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City Council to MHCs: Comply or Close

The AlvinSun reports the Alvin,Texas City Council heard representatives from 23 manufactured home communities request extensions of the five-year manufactured home ordinance variance that ended Dec. 31, 2012, with requirements they have not yet met. Because of not meeting the five year ordinance deadline to begin with, most of the …

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City Addressing Displaced MH Residents

Following up on a story MHProNews published Nov. 19, 2012 concerning the city of Fort Collins, Colo. and its responsibility to help MH residents displaced by development, the city has drafted a report to preserve affordable housing, and addresses the role of the city and property owners in assisting low …

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Planners may Tighten Siting of MH

The magnoliareporter informs MHProNews from Arkansas the Magnolia Planning Commission placed a temporary moratorium on the siting of manufactured housing in the town, following a survey in which approximately two-thirds of the respondents favor more regulation of manufactured homes. One third of those surveyed say the government has no business …

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A Little ‘Oh, no’ drama, but the Show is a Go

A source at the Louisville Manufactured Housing Show has told MHProNews that: “There is a real hunger out there for business building seminars and information.” Along with 39 new models—including community series homes—and 80 exhibitors, the networking, dealmaking, and education have all blended together to create an unbeatable event to …

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MHARR: HUD’s New Truss Tests add Costs

The Manufactured Housing Association for Regulatory Reform (MHARR) reports the Dept. of Housing and Urban Development (HUD) has issued a final rule on the testing of roof trusses in high wind zones for manufactured housing, and is following some of the recommendations made by the Manufactured Housing Consensus Committee (MHCC). …

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Got Time? Buy Buffett’s Brain

SeekingAlpha, noting trends in the global economy, picks out five stocks it says will be lucrative in the long run, and one of them is Berkshire Hathaway (BRK-A, BRK-B). As the housing market continues to recover, columnist Frank J. Constantino says Berkshire does has a broad range of investments, but …

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At Louisville: Industry Execs Meet the Press

In a Meet the Media Morning at the Louisville Manufactured Home Show Thurs. Jan. 24, from 9-11 AM, the press has been invited to see the quality of factory-built homes for themselves to dispel the misconceptions about the industry and the product. Top-named officials in the industry, companies associations and …

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UMH Declares Common & Preferred Dividend

DailyMarkets reports from Freehold, New Jersey UMH Properties, Inc. (UMH) board chairman Eugene W. Landy said the board of directors declared a quarterly cash dividend of $0.18 per share payable March 15, 2013 to shareholders of record as of Feb. 15, 2013. In addition, the board declared a quarterly dividend …

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