Modular

Champion Homes Expanding Operations in Kentucky

Champion Home Builders will invest $6.3 million in a manufacturing plant in Benton, Kentucky, leasing a 100,000 square foot facility and create up to 150 jobs for production of manufactured homes, according to kyforward. As encouragement to the investment in the community, the Kentucky Economic Development Finance Authority has initially …

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Murdoch’s Barron’s Reports Incorrect Info about Manufactured Home Industry

Writing in barrons, Teresa Rivas says shares of manufactured and modular home builder Skyline Corp. have risen because of a case of mistaken identity: Sky TV is billionaire publisher Rupert Murdoch’s entertainment company, which announced in early March it was launching a new TV channel in the British Isles. Skyline …

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Stop-work Order Leads to Uncertain Future of Factory-built Home

Eight months after issuing a stop-work order on what was said to be a modular home due to an ordinance violation in the Ward Ridge area of Port St. Joe, Fla., the order remains in effect and the home sits unoccupied, on wheels, and falling over. Owned by Robert Mike, …

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Modular Builder in Iowa may Re-open with New Owner

Doug Stimpson, General Manager of All American Homes in Dyersville, Iowa, said the majority of the 75 workers have been laid off pending the sale of the modular home business to another owner, according to thonline. “We have a buyer who has paid a deposit of $1 million to purchase …

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Drew Industries set to Release First Quarter results

MHProNews has learned from prnewswire Drew Industries, Inc. (NYSE:DW) will release its financials for Q1 2016 before the market opens on May 9, 2016 followed by a conference call later that same day at 11 AM. Drew’s CEO Jason Lippert, President Scott Mereness and CFO David Smith will lead the …

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Board Needs More info about Proposed MH/Modular Community

The Long County Board of Commissioners in Hinesville, GA are grappling with an application for a rural subdivision that Mike Allen wants to build, but it is unclear whether the new homes will be manufactured homes or modular homes, according to coastalcourier. Similarly, the board has little information about water …

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Iraqi Army Vet and Humanitarian Worker Receives Modular Home

Single mom and Army Staff Sgt. Michelle Satterfield was surprised at the last regular season home game of the Pittsburgh Steelers when she received a ceremonial key to a modular home in White Oak, Pennsylvania, where she will be near her fellow soldiers in the 14th Quartermaster Detachment in Greensburg. …

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Modular House Saves Plastic from Landfill

A Welsh company, Affresol, has developed a modular house from recycled plastic that is mixed with a harder-than-concrete pourable resin, which is waterproof, fire retardant and rot proof. MHProNews has been informed by cltampa that each Thermo Poly Rock saves 18 tons of waste from landfills, and five or more …

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Nationwide Expanding Martinsville VA Modular Facility

The Martinsville (VA) Henry County Economic Development Corporation (EDC) and modular home builder Nationwide Custom Homes announce the expansion of the company’s production line by adding 59 employees, increasing output by 35 percent, with the set-up scheduled to be complete by the end of the year. As demand grows for …

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Sunday Morning Recap-Manufactured Housing Industry News April 17-April 24, 2016

What’s New in public focused Manufactured HomeLivingNews.com Tornadoes, Hurricanes, Conventional Housing and Manufactured Homes Video Report What’s New in Manufactured Housing Industry Professional News MHARR Slams Danner, HUD. Clayton in line for air base homes contract. Sears Homes paved the way for prefab. Canada’s ATCO marching far South. Modulars for …

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Modular Home Houses Homeless Female Vets

Built by Beracah Homes, a modular homeless shelter for female veterans has just been sited in Milford, Delaware adjacent to a facility for male veterans, in use since 1996, according to capegazette.villagesoup. Staffed by Home of the Brave personnel, as MHProNews has learned, the new two-story, four bedroom home, which …

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Sun Communities To Announce Quarterly Results

Southfield, Michigan-based Sun Communities, Inc. (NYSE:SUI) announces that it will release its first quarter financial results on Tue., April 26, 2016, before the market opens. That will be followed by a conference call at 11 A. M. eastern time to discuss the results, according to benchmarkmonitor. Sun closed down -1.68 …

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Canada’s ATCO Acquires Stake in Chilean Modular Housing Company

Seeking to strengthen its ties in South America, Calgary, Alberta, Canada-based ATCO Group has acquired a 50 percent stake in Chile’s Sabinco Soluciones Modulares S. A., a space rental and workforce housing firm that accounts for ten percent of the modular housing market in Chile. Although it was not disclosed …

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National Real Estate Guru Affirms Manufactured Housing to meet Affordable Demand

Writing in nreionline, R. Byron Carlock, Jr. of Price WaterhouseCoopers reminds MHProNews of the “invention” of the suburbs 70 years ago when Bill Levitt returned from the war and steered his family home construction business into building tract housing, appealing to the millions of returning veterans.`He envisioned mass-produced housing, eventually …

National Real Estate Guru Affirms Manufactured Housing to meet Affordable Demand Read More

In Insider Trading…..Cavco, Drew and UMH Properties

Joseph Stegmayer, CEO and President of Cavco Industries, Inc. (NASDAQ:CVCO) sold 20,000 shares of company stock valued at $1,798,099. based on a stock price of $89.90 per share. He now has 5.58 percent of Cavco’s market capitalization, owning 502,428 shares of company stock, according to clintongazette. Other large investors include …

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Housing Complex Designed by Social Action Architects

The social action organization Architects for Society (AFS) has designed a hexagonal housing system for catastrophic situations that can be assembled by occupants-to-be. Designed to be shipped to disaster areas in pieces, the Hex House contains typical home amenities and can last 15 to 20 years. Multiple homes can be …

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Clayton, Next Step, NeighborWorks Collaborate on Low-income Housing

As part of a joint attempt to create more affordable housing in Waco, Texas, Clayton Homes in Waco is building a modular duplex to be sited on a lot owned by non-profit NeighborWorks, according to what wacotrib informs MHProNews. Each of the two 1,100 square foot units will feature three …

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Sunday Morning Recap-Manufactured Housing Industry News April 10–April 17, 2016

What’s New in public focused Manufactured HomeLivingNews.com Quality Control Manager report-Highland Mobile Home Park, St Petersburg FL What’s New in Manufactured Housing Industry Professional News Montana town to proposed MHCs: one yes, one no. Building material made from hemp. Manufactured homes do not qualify as affordable homes—yet. Modular homes for …

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Tiny Modular Home Constructed of Hempcrete

The newest material for building a home that MHProNews has discovered is hempcrete, a combination of hemp stalks (called hurds), limestone and water to form twelve-inch thick walls for support and insulation in building a 400 square-foot unit called HempHome:T+. The material is also resistant to fire, mold and pests, …

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Refugees Swelling need for Modular Housing in Sweden

Sweden is swarming with refugees, creating a housing crisis which the government wants to address with modular homes, which is setting off swarms of criticism from the left and the right. According to sputniknews, the opposition states the homes will have outlived their usefulness after 10-15 years and will be …

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