For Q3 of 2016, manufactured and modular home builder Skyline Corp. (NYSE:SKY) reports net sales from continuing operations rose 25 percent over same quarter 2015, $47,697,000 versus $38,109,000. The report also reveals a net loss from continuing operations of $514,000, much lower than the loss of $2,911,000 in Q3 2015. …
All the rustic charm of the old English Shepherd’s Hut is captured in the tiny homes of Contemporary Shepherd Huts but with added modern touches like a skylight that runs the length of the home, kitchen and bathroom. The traditional shepherd huts were made for taking a snooze after a …
Following the continuing story of modular homes for the homeless in Dublin, Ireland, the first installment of which were originally set for last Christmas, as MHProNews posted March 3, 2016, utv.ie reports the homes will now cost approximately 1.5 times more than originally stated, around €243,000 each ($215,298 USD). The …
Modular Housing Costs higher than Original Estimates Read More
Updating a story MHProNews last posted June 18, 2015 about the possible re-opening of the former Magnolia Homes in Gering, Nebraska, starherald reports former owner Doug Fillingham is set to re-open as Family Built Homes, hiring many of the same employees who lost their jobs last June when Magnolia ceased …
Former Magnolia Homes Modular Facility Re-opening as Family Built Homes Read More
Following a story MHProNews posted March 23, 2016 regarding modular homes built by ex-cons in Pittsburgh, Daniel Bull, president of builder Zero Six Eight (an ex-con himself), gave a presentation to the Allentown, PA Community Development Corporation (CDC) about building modular homes on Arlington Avenue. Saying he has already had …
Plans for Ex-cons to Build Modular Homes Moves Forward in Allentown, PA Read More
An NGO (non-governmental organization) set up by Nargis Latif in Pakistan recycles non-biodegradable plastic for making temporary shelters or housing units. Gul Bahao ( “Pour or spread the roses.” ) represents a low cost alternative to tents and other prefabricated housing units, according to what operationpakistan.wordpress tells MHProNews. The plastic …
MHProNews has learned from wcbi that Maryville, TN-based Clayton Homes has acquired all the assets of River Birch Homes of Hackleburg, AL, effective immediately. Gerald Terrell and Delmo Payne combined their experience into River Birch in 1997. Payne said, “Since day one, our motto has always been: ‘Q. V. S.’ …
Clayton Homes Acquires River Birch Homes of Alabama Read More
What’s New in public focused Manufactured HomeLivingNews.com State Inspector Becki Jackson – Safety & Quality of Manufactured Homes What’s New in Manufactured Housing Industry Professional News Feb. HUD Code manufactured home production rises 27.6%. Notable deaths in the manufactured home community. Rent control inhibits new MHC development. Resident-owned community grateful …
Sunday Morning Recap-Manufactured Housing Industry News April 3 April 10, 2016 Read More
Anisha S., 15, a student at Delhi Public School, East, was drawing homes built with blocks, as in Lego-type blocks. She was participating in Arun Swaminathan’s Designuru workshop on building modular homes that could later be disassembled and moved. The process does not require much space or skilled manpower, and …
Portable Modular Homes: A Solution to Teeming India’s Housing Woes? Read More
The blogger for modularhomecoach has high praise for Simplex Homes of Scranton, Penn., builder of modular homes and commercial buildings, saying they do exceptional work. The Morris Plains Housing Authority in Morris Plains, NJ chose Simplex to build the 87 modules for the 56-room apartment complex with Del-Santo …
Fifty-six Room Modular Apartment Rises in Six Months Read More
MHProNews has learned from thenational.ae that Saudi Arabia’s Red Sea Housing Services Co., which provides temporary and permanent modular housing to companies involved in the mining, oil and gas industries working in remote locations, has acquired Malaysia’s AM Modular for $7 million. Red Sea, which will pay $3 million in …
There is a huge focus on encouraging Millennials—who are mostly single– to come out of their parents’ basements and buy a house or at least rent an apartment, even a “micro unit,” or some form of communal living, as we are underserved by affordable housing, especially in large urban, coastal …
Affordable Multihousing Developer Set to Build Modular Workforce Housing Read More
After braving the elements in building the last ten Habitat for Humanity homes in Welland, Ontario, Canada, the 70 students and staff at Niagara College worked inside to build their 11th home, a modular one broken down into five sections for delivery purposes, and destined for a family who fled …
Modular Habitat for Humanity Home Built by Niagara College Students Read More
John Kalec, Clayton Homes Executive Vice President and CFO, has announced his retirement after 20 years with the company, according to a press release reported by thedailytimes to MHProNews. Focusing on strategic and operational activities, Kalec led the accounting and financial teams at Clayton. “Specifically, he has helped lead the …
John Kalec Grew Clayton through the Recession, Leaving after 20 Years Read More
What’s New in public focused Manufactured HomeLivingNews.com Realtors and Builders Warm Up to the Wonders of Manufactured Housing What’s New in Manufactured Housing Industry Professional News MA town wants exemption from state’s 40B ruling. Sun Communities to expand King’s Court MHC. Fannie Mae funds $5MM refi of MHC. New MHProNews …
Sunday Morning Recap-Manufactured Housing Industry News March 27-April 3, 2016 Read More
Following an unanimous vote by the Village Board of Trustees, Mayor Trevor Bissey of Clay City, Illinois announced the Clay City Residential Housing Incentive Program (RHIP), which will enable owners and developers wanting to build new homes or site modular homes in the Village, to utilize several property and sales …
Modular Home Development may Result from a Housing Incentive Program Read More
MHProNews has learned from sussexpilot that Robotti Robert sold 6,025 shares of Cavco Industries, Inc. (CVCO), according to the most recent filing, and now holds 180,427 shares valued at $16.2 million. Cavco now comprises 6.77 percent of Robotti’s portfolio. Other hedge funds reported trading in Cavco stock include Parametric Portfolio …
Several possibilities are being bandied about in an attempt to increase affordable housing in the middle Roaring Fork Valley around Basalt, Colorado, just northwest of Aspen. One project that complies with Basalt’s affordable housing requirements envisions 60 small single-family homes and 96 multi-family units in four separate buildings. Meanwhile, the …
Manufactured Home Community may Expand to Increase Affordable Housing Read More
A new Kelowna, British Columbia, Canada company intends to capitalize on the housing shortage in this city east of Vancouver by converting shipping containers into homes, as globalnews.ca tells MHProNews. Honomobo owner Devon Siebenga said his homes will range in size from 320 to 649 square feet, by combining up …
Modular Container Homes Proposed for Homeless in BC Canada Read More
Vanbrugh Construction in Wolverhampton, in the West Midlands area of the United Kingdom, hopes to obtain contracts to build more steel-framed modular housing as it nears receiving Local Authority Building Control for its system. Four years into building modular housing, the company’s latest project is two three-bedroom homes in Wessex …
Three Week Construction Time for Modular Homes in UK Read More
