Zacks reports SmarTrend marks Drew Industries in an uptrend, noting the stock for this manufacturer of components for MH and RVs has risen nearly 24 percent in two months. The online analyst says August 29 the stock was at $19.89 and is now at $24.03. The range over the past …
CapeCodTimes reports Jacques Lapointe, owner and developer of Pleasant Bay Homes of East Harwich, Massachusetts, has placed nearly 200 modular homes on the Cape since 1999. The most recent is a 4,600 square foot five-bedroom home overlooking the Atlantic Ocean in Orleans, MA for Dee Overton. “This was a paper …
MHProNews has learned of a letter sent to the Minot Daily News from a woman whose single-mother daughter wisely moved her manufactured home out of the flood zone in advance of the raging Souris River this past spring, but now has no place to site it. The original community, Valerie …
KRGVTV reports from Laferia, Texas, that an MH dealer with two pending civil cases against it has received a fresh batch of accusations alleging fraud. Park Girl in Laferia, in south Texas, has been accused of taking deposits for manufactured homes and then breaking the contract without returning the money. …
BoonvilleDailyNews reports from Boonville, Missouri, that modular home builder Fuqua Building Systems closed its plant here and its office in Bend, Oregon, earlier this month after over 40 years in business. At one time employing 175 in Boonville, Fuqua had ceased operations in May after a series of layoffs since …
MHProNews is continuing our follow up in the search for a replacement at the Manufactured Housing Institute (MHI) for the departing association president, Thayer Long. For a variety of reasons, including protecting sensitive sources of information, MHProNews has previously named 5 potential candidates who were named by various sources for …
Update on Thayer Long’s replacement at the Manufactured Housing Institute Read More
Bloomberg reports the U.S. Census Bureau says manufactured housing shipments rose to a seasonally-adjusted rate of 49,000 in August, up two thousand units from July 2011. Placements rose from 43,000 to 44,000 for the same period, and dealer inventory held steady at a seasonally-adjusted rate of 21,000. The average sale …
MankatoFreePress reports a unique program to rid St. Peter, Minnesota, of pre-HUD Code manufactured homes will be expanded to include properties in two additional land lease communities (LLCs) in town–Summit and Mar Wey. The program began last winter in the Green Valley community, where four homes have been razed and …
Incentives to Replace pre-HUD Code Homes, Rehab Newer Ones Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) reports the Manufactured Housing Consensus Committee (MHCC) voted to conditionally accept an MHI (Manufactured Housing Institute) proposed federal sprinkler standard for manufactured homes. The vote came one day after the National Fire Protection Association (NFPA) admitted that manufactured homes have fewer fires …
BlueRidgeNow reports from Etowah, Tennessee, Ceil Salvadori is developing 27 acres into five lots for horse lovers who will have a barn, pasture land, and a modular house, or “ranchette”, for a residence. Four of the five lots have frontage on the French Broad River in southeastern TN. The houses …
Horse Lovers Unite! Equestrian Community to have Modular Housing Read More
FridleyPatch from Minnesota reports it’s been eight months since the Park Plaza manufactured home community became a cooperative. Facilitated by the Northcountry Cooperative Foundation (NCF), at the time Park Plaza was the fifth MHC in Minnesota to become a co-op, and the second sold by Phil Johnson to residents. He …
LogCabinDemocrat reports from Little Rock, Arkansas, the Arkansas Manufactured Housing Association has bestowed its “Twenty-Year Membership Award” on Hawks Mobile Homes of Conway, AR. Kevin Hawks received the honor from AMHA Chairman Dwight Chandler for 20 continuous years of membership, during the association’s 40th annual convention at the Peabody Hotel …
Inside Tuscon Business reports Continental West manufactured housing community in Tuscon, AZ defaulted on a $10.95 million loan and will be sold at public auction 11 AM, Jan. 4, 2012 in the Pima County Courts Building. The 319 homesite community was built in 1960, and boasts two swimming pools, a …
CNNMoney reports over 6,000 people have come to Williston, ND to take advantage of the oil boomtown money to be made, but available housing has not kept up with demand. Some are living in their vehicles in parking lots, some in tents, some sleep in sleeping bags beside the road. …
Alexa Blog says Zeman Homes of Chicago has contracted with MA Interactive of Northfield, IL to develop a website more tuned in to the digital landscape, raising its profile and reaching more MH customers. Led by Michael Templeton and Allen Yakowitz, MA provides a range of internet marketing services. The …
The Lompoc Record published an opinion piece written by Ron Faas, legislative action team coordinator for the Northern Santa Barbara County Manufactured Homeowners Team in California and a resident of Sunnyhills Mobile Home Park. Excerpts from “Mobile Homeowners Face Many Issues” follow: “Manufactured-home owners are in a unique situation in …
Kjct8 reports from Grand Junction, Colo. that Philip Lochmiller, Jr., and Shawnee Carver were sentenced to federal prison for their role in a real estate Ponzi scheme that defrauded over 400 people of at least $30 million. Lochmiller is the son of Philip Lochmiller, Sr., who was convicted in July …
menafn reports Equity Lifestyle Properties (ELS) of Chicago announced a third quarter loss as of Sept. 30 of 0.07 per share, or $2.9 million on a fully-diluted basis. The same quarter 2010 saw a net income of $11.6 million, or 0.37 per share on a fully-diluted basis. Net revenue for …
indystar reports two subsidiaries of Drew Industries, Inc., of New York announce their joint $4 million-plus expansion plan will mean 330 new jobs in Elkhart County, Indiana in 2012. Lipppert Components Manufacturing, Inc., of Goshen, and Kinro Manufacturing, Inc., of Middlebury, IN both manufacture components for the MH and RV …
MH Component Sister Companies Produce 330 New Jobs Read More
MHProNews mourns the passing in Hartford, CT of Kristian Jensen, Jr., a logtime MH industry member and ardent advocate. Kris, 78, was instrumental in building the family business as a teenager from a automobile dealership to the current Jensen’s Inc, which owns and manages 29 MHCs in eight states. Kris …
