Modular

Manufactured Housing Titling Legislation Signed by Governor McAuliffe

Following a story MHProNews.com last posted Feb. 18, 2014 regarding legislation to streamline the titling of manufactured homes, the Virginia Manufactured and Modular Housing Association (VAMMHA) reports Gov. Terry McAuliffe has signed Senate Bill 356, which will also allow for the titling of homes severed from real property. The measure …

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Modular Homes at Aussie Home Show

The Esperance Chamber of Commerce and Industry in Australia is sponsoring its inaugural home and lifestyle expo in hopes of keeping local shoppers shopping locally, according to abc.net.au. The show is replete with vendors offering building and renovation supplies, as well as modular homes. The show is on Friday and …

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New England Modular Builder Takes Five Firsts

Triumph Modular of Littleton, Massachusetts received five Awards of Distinction from the Modular Building Institute at the World of Modular in San Antonio, Texas. Offering competition in over 30 categories for MBI members, the contest is the industry’s premier awards program. Triumph’s winners in the Permanent Modular Education category are …

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Cavco Homes to have Modular Home on TV Design Competition

The one-hour reality competition series “American Dream Builders” will include Cavco Homes, Inc., (NASDAQ:CVCO) and Palm Harbor Homes in an upcoming episode to air on Sunday, April 13, on NBC. Hosted by renowned designer Nate Berkus, Cavco built modular homes they call Eco Cottages for one competition episode of the …

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Modular Housing Development Denied

Following a story MHProNews last posted April 4, 2014, regarding a modular housing development proposal in Medicine Hat, Alberta, Canada, the city council declined the housing recommendation from the Municipal Planning Commission for 85 modular homes. Voting 7-1 against, the council said the area is too close to an industrial …

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Stock Soars upon Acquisition of Modular Builder

Updating a post MHProNews published April 4, 2014 regarding Aetrium Inc.’s acquisition of modular builder KBS Building Systems of Maine, the shares of Aetrium skyrocketed 42 percent the day after the acquisition was announced. The firm has been constructing machines that handle and test computer chips since 1982, according to …

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New Jersey School Officials Propose Modular Classrooms

At a recent board of education meeting in Fort Lee, New Jersey, school officials made a space and cost-effective case for spending $170,000 a year for 12 full-size modular classrooms to accommodate the additional 100 students expected this coming fall. Four small classrooms at a nearby church the school board …

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Modular Apartments finally Approved in Ridgefield, Connecticut

Updating a post MHProNews.com published April 1, 2014 about a three-unit modular housing development in Ridgefield, Connecticut hitting another roadblock after 18 months of debate, planning and zoning (P&Z) finally approved the proposal by Ridgefield Modular Home Corp. As theridgefieldpress.com reports, P&Z agreed to a single building with three three-bedroom …

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Candidate for Sheriff Continues Pitching Modular Jail Units

Following a story MHProNews.com last posted Feb. 18, 2014 regarding a sheriff’s race in San Joaquin County, California in which the contender says modular jail cells would help ease overcrowding, Sgt. Pat Withrow, of the county sheriff’s department, says the county can afford four modular units which would hold 64 …

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Modular Housing Development to be Voted on April 7

Updating a story MHProNews.com first posted Feb. 13, 2014 regarding a proposal for a modular housing community in Medicine Hat, Alberta, Canada, the city council remains divided on the project. While property owner representative John Hashem says the land has been vacant since 1976, other plans have not materialized and …

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New England Modular Builder Acquired by Aetrium Inc.

Aetrium Incorporated has acquired all the assets of KBS Building Systems, Inc. of South Paris, Maine for $5 million cash, a $5.5 million six-month promissory note and the assumption of approximately $1.4 million debt, according to marketwatch.com. KBS manufactures and distributes modular housing units for residential and commercial applications. MHProNews …

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Modular Apartments Provide much needed Affordable Housing

A survey of Portland, Oregon by the National Low Income Housing Foundation of Washington, D. C. revealed that a breadwinner working a minimum wage job in the Portland area would have to work 78 hours to be able to afford a market rate two bedroom apartment. More and more people …

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Modular Home Featured in Rhode Island Home Show

Similar to the same event in nearby Massachusetts, as MHProNews reported March 28, 2014, the Rhode Island Home Show will feature a 2,800 square foot modular home assembled on site inside the Convention Center in Providence beginning Thursday, April 3. The team began working at 6 AM Monday and worked …

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Modular Micro Apartment Production begins in NYC

Updating a post MHProNews last published May 27, 2013 regarding plans for a 55-unit micro modular apartment building in New York City, the project has begun, with M&T Bank putting up $10.3 million of the $16.6 million project, and the remainder from developer equity and a loan from the New …

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Analyst says Berkshire is Undervalued

According to seekingalpha.com, Berkshire Hathaway’s stock (BRK.A) (BRK.B), is undervalued by 15 percent as it continues to generate solid performance from its business units and its marketable securities. Having bought up many desirable investment opportunities in the marketplace, the company will not continue to garner the 19.8 percent returns it …

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Black Diamond Shareholders to Meet

Modular workforce supplier Black Diamond Group Limited (TSX:BDI) will hold its annual meeting of shareholders on Thursday, May 8 at the Calgary, Alberta, Canada Hyatt Regency, according to dcnonl.com. Through its direct and indirect wholly-owned subsidiaries, Black Diamond rents and sells modular workforce housing, and provides associated support services to …

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Modular Classrooms Meet the Need in Delaware

The Cape Henlopen School District on Delaware’s eastern coast has asked for a property tax increase to build a 720-student elementary school and add six classrooms to existing schools, according to delawareonline.com. The increase would amount to $0.27 on $100 assessed valuation. If the referendum fails, MHProNews.com has learned the …

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Connecticut Modular Development Hits another Clench

Following a story MHProNews.com last posted March 12, 2014 regarding possible settlement of a proposed modular development in Ridgefield, Connecticut that has seen its share of legal wrangling since Sept. 20, 2012, we have learned the project’s architect threw another “saw” (as in “monkey wrench”) into the works: The resubmitted …

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Production Conversion: From Houseboats to Modular Homes

Funded with a $1 million community development block grant from the U. S. Department of Housing and Urban Development (HUD) and administered by the Kentucky Department for Local Government (DLG), local, state and federal officials participated in groundbreaking ceremonies March 28 for the next phase of the Houseboat to Energy …

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