The Occupational Safety & Health Administration (OSHA) on April 3, 2024 issued the following news release related to Palm Harbor Homes and its parent company, Cavco Industries (CVCO). That federal news release will be Part I, of today’s report. Part II will spotlight that Cavco has been hit by such safety-based concerns numbers of times over a period of years, per additional information swiftly provided to MHProNews following our request for added insights. Cavco Industries was contacted for a response, see that in Part II. The Daily Business News on MHProNews market report is found in Part III.

Part I

News Release

DEPARTMENT OF LABOR INVESTIGATION FINDS ONE OF THE NATION’S LARGEST MODULAR HOME MANUFACTURERS EXPOSED WORKERS TO DOZENS OF SAFETY, HEALTH RISKS

Cavco Industries Inc. faces $272K in fines, program focused on high injury rate employers

AUSTIN, TX – An Austin subsidiary of one of the nation’s largest producers of modular and manufactured homes faces $272,479 in penalties after federal investigators found the company exposing employees to more than two dozen serious violations during an October 2023 inspection.

Investigators with the U.S. Department of Labor’s Occupational Safety and Health Administration cited Cavco Industries Inc., parent company of Palm Harbor Homes, for 25 serious and two other-than-serious violations. Since 2015, OSHA has cited Cavco with 38 workplace safety and health violations at manufacturing facilities in four states.

OSHA initiated the investigations as a planned inspection under the National Emphasis Program Site-Specific Targeting for establishments with high injury rates.

During the inspection, the agency identified the following hazardous conditions:

• Lack of required fall protection, exposing workers to safety hazards related to falls.
• Improper use of ladders and failure to maintain safe walking surfaces.
• Allowing overhead hazards and suspended loads.
• Improperly inspected fire extinguishers.
• Lack of welding screens.
• No safe access to electrical shutoffs and other electrical violations.

In addition, inspectors cited Cavco Industries for more than a dozen health hazards, including failing to maintain respiratory and hazard communication programs to protect workers from isocyanates and silica; not providing employees with personal protective equipment and an eyewash and shower station; and failing to assess silica exposure.

“The findings of our investigations and Cavco Industries’ history of violations suggest that the company is failing in its responsibility to keep work areas safe and healthful,” explained OSHA Area Director Monica Camacho in Austin, Texas. “OSHA has specific standards for the manufacturing industry and provides many resources to inform employers and employees. There is no excuse for these kinds of failures that expose workers to serious and potentially fatal injuries.”

Founded in 1965, Cavco Industries Inc. is a Phoenix-based home services enterprise that designs and factory builds structures including manufactured homes, modular homes, commercial buildings, park model RVs and vacation cabins under more than a dozen brand names. The company operates manufacturing facilities in Arizona, California, North Carolina and Texas, and serves customers in those states as well as in Colorado, Louisiana, Nevada, New Mexico, Oklahoma and Utah. Cavco Industries has distribution points in 43 U.S. states and in Canada, through its retailers and 31 production lines. The company employs about 7,250 people, including more than 200 workers in Austin. Cavco also operates Standard Casualty, which offers insurance products for manufactured homeowners, and CountryPlace Mortgage to provide financing options.

The company has 15 business days from receipt of its citations and penalties to comply, request an informal conference with OSHA’s area director, or contest the findings before the independent Occupational Safety and Health Review Commission.

Learn about protecting workers from falls and respiratory protections.

Learn more about OSHA.

Agency

Occupational Safety & Health Administration

Date

April 3, 2024

Release Number

Part II Additional Information with More MHProNews Analysis and Commentary in Brief

According to OHSonline: “Cavco Industries Cited for Construction Debris, Fall Hazards OSHA cited the homebuilding company for 15 serious violations.” That was a report dated 9.10.2015. Per that report: “A repeat citation for fall protection, especially from a building manufacturer of modular home structures like Cavco, shows a complete lack of responsibility for the safety of its workers,” said Casey Perkins, OSHA’s area director in Austin. “The employer failed to find and fix serious hazards that put worker safety in jeopardy. OSHA will not tolerate such negligence.”

Copilot according to OHSonline: “Cavco Industries Cited for Construction Debris, Fall Hazards OSHA cited the homebuilding company for 15 serious violations.”   Today, OSHA issued a press release saying that Cavco’s Palm Harbor Homes plant is similarly cited for OSHA safety violations. What other similar violations can you find?

Certainly! Cavco Industries Inc., a major modular and manufactured home manufacturer, has been under scrutiny by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA). Here are the details of their recent safety violations:

1. Cited Plant: The Palm Harbor Homes plant, an Austin subsidiary of Cavco Industries, was inspected in October 2023.
2. Violations: OSHA cited Cavco Industries for 25 serious violations and two other-than-serious violations during this inspection.
3. History of Violations: Since 2015, OSHA has cited Cavco with a total of 38 workplace safety and health violations across their manufacturing facilities in four states.
4. Hazardous Conditions Found:
   • Fall Protection: Cavco failed to provide required fall protection, exposing workers to safety hazards related to falls.
   • Ladder Safety: Improper use of ladders and failure to maintain safe walking surfaces.
   • Overhead Hazards: Allowing overhead hazards and suspended loads.
   • Fire Extinguishers: Improperly inspected fire extinguishers.
   • Welding Safety: Lack of welding screens.
   • Electrical Safety: No safe access to electrical shutoffs and other electrical violations.
   • Health Hazards: More than a dozen health hazards, including failing to maintain respiratory and hazard communication programs, inadequate personal protective equipment, and failure to assess silica exposure.
5. OSHA’s Stance: OSHA Area Director Monica Camacho in Austin, Texas, emphasized that these findings indicate Cavco Industries’ failure to keep work areas safe and healthful. She stated that there is no excuse for such failures that expose workers to serious and potentially fatal injuries.
6. About Cavco Industries: Founded in 1965, Cavco Industries Inc. is a Phoenix-based home services enterprise that designs and factory builds structures, including manufactured homes, modular homes, commercial buildings, park model RVs, and vacation cabins under more than a dozen brand names. The company operates manufacturing facilities in Arizona, California, North Carolina, and Texas, serving customers in those states as well as in Colorado, Louisiana, Nevada, New Mexico, Oklahoma, and Utah¹.

Can you find a corporate response to these allegations against Cavco?

Certainly! In response to the OSHA safety violations faced by Cavco Industries Inc., the parent company of Palm Harbor Homes, there are no specific corporate statements or press releases available directly from Cavco Industries on this matter. However, I can provide information on their existing policies and procedures related to compliance and reporting:

1. Human Rights Policy:
   • Cavco has established a Toll-Free Compliance Hotline at 1-844-93CAVCO and an online reporting platform at speakupcavco.com for employees to report known or suspected violations related to human rights¹.
   • This hotline allows employees to raise concerns confidentially and ensures that any potential violations are thoroughly investigated.
2. Code of Conduct:
   • To address known or suspected violations of the company’s Code of Conduct, Cavco has set up a Toll-Free Compliance Hotline at 1-844-93CAVCO and an online reporting portal at speakupcavco.com².
   • The company emphasizes its commitment to fully investigate all reported concerns and protect those who raise them in good faith³.
3. Settlement with the SEC:
   • In September 2022, Cavco Industries reported the acceptance of a settlement in a U.S. Securities and Exchange Commission (SEC) action. The United States District Court for the District of Arizona approved this settlement⁴.

While these policies demonstrate Cavco’s efforts to address compliance and reporting, it’s essential for the company to take concrete actions to rectify safety violations and ensure the well-being of its workers. …”

Some of that sounds great, but a closer look at those purported fig leaf stances is found in the report linked below.

MHProNews reached out to OSHA for additional information. According to Juan J. Rodríguez Deputy Regional Director, Office of Public Affairs—Dallas/Denver, U.S. Department of Labor (DOL) the following are examples of Cavco being cited for such issues by OSHA.

So, there have been dozens of such complaints and/or incidents related to Cavco that span multiple states.

MHProNews reached out to Cavco President and CEO William “Bill” Boor and Mark Fusler for their response to these latest allegations by federal officials against their firm. As of 7:47 AM ET there has been no response to our inquiries from some 16 hours ago.

MHProNews has previously noted that among the Manufactured Housing Institute (MHI) connected companies (mostly present members, but per a source one may be a past member) Cavco is one that has been given often poor reviews by employees via Indeed. See that report linked below.

Higher profile MHI member Cavco has had a steady stream of controversies, including the reports linked below.

While the headline below doesn’t mention Cavco, they are part of the broader topic and are represented on the MHI board of directors, including Boor’s role as MHI chairman at this time.

Intentional or Not Sam-Eugene Landy Remarks Seeming Direct Shots at Rival Community Operators-Manufactured Housing Institute-National Communities Council Firms, Several of Which Are Being Sued

The public appears to be increasingly concerned with the issue of monopolization and monopoly power, including oligopoly style monopolization.  Lower pay, poorer treatment of employees and customers are said to be common features of big firms in such an environment.

See the related reports to learn more. A high-ranking federal official responded to our concerns about Cavco in minutes. As noted, Cavco leaders have thus far failed to respond to MHProNews at all. The contrast is striking. Should Cavco leaders deign to share their explanations with manufactured housing professionals via MHProNews a follow up should be expected. MHProNews plans to monitor and report as deemed warranted.

A deeper dive into related issues is linked below. ###

‘When the Lies Are So Big No One Would Dare Disbelieve Them’ Mainstream, Legacy or Alternative Media, U.S. Public Policies, ‘Illusory Truth’ and Manufactured Housing; plus MHVille Markets

Part III – is our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.

This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report, so that investors can see at glance the type of topics may have influenced other investors. Thus, our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines.

The macro market moves graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.

In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that may be impacting manufactured housing connected investing.

Headlines from left-of-center CNN Business – 4.3.2024

• Disney trounces activist shareholders in a major win for Bob Iger
• In this aerial view, runners compete as they cross over the Verrazzano-Narrows Bridge during the 2023 TCS New York City Marathon on November 05, 2023 in New York City.
• New York closes bridges for its marathon. Runners should pay for the unpaid tolls, the MTA demands
• Models of the new energy vehicle series are being displayed at a Tesla store in Shanghai, China, on March 26, 2024.
• How Tesla and its Chinese competitor compare, in 4 charts
• Two investors in Trump Media insider trading case plead guilty
• The defamation lawsuit brought against the right-wing media company Newsmax by voting machine company Smartmatic over the 2020 election has received a trial date.
• Judge schedules Newsmax case over 2020 election lies for September trial
• Egg prices are rising again. An outbreak of bird flu could make things worse
• US Secretary of State Antony Blinken gives a press conference following his meeting with French Foreign minister at the Ministry of Foreign Affairs in Paris, on April 2, 2024.
• Antony Blinken had yet another problem with his Boeing plane. He had to go in a car instead
• Longi Green Energy Technology Co. solar panels on the rooftop of an office building in Xi’an, China in March 2023.
• Europe opens competition probes covering Chinese solar panel makers over subsidies
• Bob Iger, CEO of the Walt Disney Co. attends the 96th Oscars Nominees Luncheon at The Beverly Hilton on February 12, 2024 in Beverly Hills, California.
• Bob Iger may prevail in Disney’s boardroom showdown, but the battle has not left him unscathed
• Over the shoulder view of young Asian woman shopping online for flight tickets on airline website with laptop, entering credit card details to make mobile payment at home. Camera and passport on the table. Travel planning. Booking a holiday online
• Why ‘dynamic’ pricing feels like such a scam
• Why the stock market has left behind companies like Warby Parker, AllBirds and Rent the Runway
• Iowa-LSU women’s NCAA basketball game sets ratings record
• China’s internet giants snap up their own shares to boost flagging stock market value
• Tesla sales plunge far more than expected
• US government review faults Microsoft for ‘cascade’ of errors that allowed Chinese hackers to breach senior US officials’ emails
• Truth Social owner Trump Media sues two former ‘Apprentices,’ seeking to wipe out their shares
• Biden administration points finger at Republicans for internet bill hikes
• Costco begins offering Ozempic prescriptions to some members
• Dow falls nearly 400 points to continue second quarter’s weak start
• The dismantling of GE, once America’s iconic ‘everything company,’ is now complete
• Elon Musk’s X names new head of safety, nine months after former safety leader’s exit
• Katy Perry, Billie Eilish, J Balvin and more lash out against ‘enormous’ AI threats that ‘sabotage creativity’
• Retirement crisis looms as Americans struggle to save

 

Note: to expand this image below to a larger or full size, see the instructions

below the graphic below or click the image and follow the prompts.

Headlines from right-of-center Newsmax – 4.3.2024

• Nearly 50K Wisconsin Voters Choose ‘Uninstructed’ Over Biden
• Just under 50,000 voters in Wisconsin’s Democratic primary Tuesday cast ballots for an “uninstructed” delegation in a protest vote against how President Joe Biden is handling the war between Israel and Hamas. [Full Story]
• Israel at War
• Israel Braces for Iran Payback Attacks Across Middle East
• US Asking Houthis to Stop Terrorist Attacks in Red Sea
• Tal Heinrich: US, Israel ‘Want the Same Things’ | video
• 4 Israeli Police Injured in Terror Attack, Assailant Killed
• IDF Chief Apologizes for Accidental Killing of Aid Workers
• Israeli Officials Slam Unrest in Jerusalem
• Ric Grenell: Biden Admin Stalling Israel’s Progress | video
• Muslim Leaders Reject Biden Meeting Over Gaza
• WH ‘Outraged’ by Israeli Airstrike That Killed Gaza Aid Workers
• More Israel at War
• Newsmax TV
• Huckabee: Young People ‘Masochistic’ to Vote for Biden
• Tal Heinrich: US, Israel ‘Want the Same Things’ | video
• FOP VP Gamaldi: Police Fatal Force Report Distorted | video
• Ric Grenell: Biden Admin Stalling Israel’s Progress | video
• Dershowitz: NY Would ‘Convict a Ham Sandwich’ | video
• RFK Jr.: Biden, Censors Are Always the ‘Bad Guys’ | video
• Karoline Leavitt: ‘Biden Real Threat to Democracy’ | video
• Diaz-Balart: Migrants Suing Charters Is ‘Absurd’ | video
• Pollster Jim McLaughlin: Biden Weaponizes Govt | video
• Newsfront
• Gov. Floats Penalty for Players Who Skip Anthem
• Louisiana GOP Gov. Jeff Landry weighed in on the LSU national anthem controversy, floating an idea that could impose a penalty on student athletes if a similar incident happens in the future…. [Full Story]
• Boebert Has May-Turner Syndrome: What Is It?
• Colorado Rep. Lauren Boebert has announced that she underwent [Full Story]
• Boebert Has Emergency Surgery for Blood Clot in Leg
• Brothers Plead Guilty to Insider Trading of Truth Social
• Two Florida brothers pleaded guilty Wednesday to insider trading [Full Story]
• Aderholt: Delay House Appropriations Chair Vote
• Robert Aderholt, R-Ala., a member of the powerful House [Full Story]
• Disney Prevails Over Peltz as Board Is Reelected
• Walt Disney shareholders backed Chief Executive Bob Iger and other [Full Story]
• Bill Ackman Calls for SEC Probe of Disney ‘Leaks’
• Lehigh Probed for ‘Hostile’ Campus for Jews, Israelis
• The U.S. Department of Education’s Office for Civil Rights announced [Full Story]
• Hillel Poll: Antisemitism a Factor for Jewish College Applicants
• Trump: Biden Betrays Blacks, Unions, Farmers
• Former President Donald Trump rallied supporters in downtown Green [Full Story]
• Trump Vows Nov. 5 Will Be ‘Christian Visibility Day’ |video
• Trump: Nov. 5 Victory Must Be ‘Too Big to Rig’ |video
• Trump Taunts Dems, Media With ‘Border Bloodbath’ Rebuke
• Michigan Police Group ‘Proud’ to Endorse Trump
• RNC’s Website Focuses on Biden’s Border ‘Bloodbath’
• Ukraine Lowers Conscription Age to Plug Troop Shortfall
• Ukraine lowered the military conscription age Wednesday from 27 to 25 [Full Story]
• Zelenskyy Praises Ukraine’s Christians for Help
• Russian Missile Attack in Ukraine’s Dnipro Injures 18
• Allies Weigh Transferring Ukraine Weapons Group to NATO |video
• Russia’s Army Expansion Signals Putin Is ‘Serious’ About Ending Ukraine War |Platinum Article
• Boeing’s 737 Factory in Disarray Before Door Blowout
• Workers at Boeing’s Renton, Wash., factory flagged four damaged [Full Story]
• Law Enforcement Must Keep Recruiting Standards
• Law enforcement experts warn police departments looking to lower [Full Story] | Platinum Article
• Report: Trump, RNC Raise $65.6 Million in March
• Donald Trump and the Republican National Committee raised $65.6 [Full Story]
• Nebraska Gov. Backs ‘Winner-Take-All’ Electoral Plan
• Nebraska GOP Gov. Jim Pillen publicly endorsed reinstating a [Full Story]
• Trump Cheers as Nebraska Gov. Mulls Electoral Change
• Taiwan 7.4-Magnitude Earthquake Leaves 9 Dead
• A powerful earthquake rocked the entire island of Taiwan early [Full Story]
• Israel Braces for Iran Payback Attacks Across Middle East
• Israel was on alert Wednesday for retaliatory strikes by Iran and its [Full Story]
• The Cost of a Walk-in Tub if You’re over 65
• The Senior Scoop
• Largest US Egg Producer Found Bird Flu in Chickens
• The largest producer of fresh eggs in the U.S. said Tuesday it had [Full Story]
• Deputy Speakers Try to Maintain Decorum in Britain’s Parliament
• Criticism of House of Representatives Speaker Mike Johnson, R-La., [Full Story] | Platinum Article
• Oil Futures Above $89 as Supply Risks Intensify
• Oil prices were stable Wednesday, as investors mulled supply risks [Full Story]
• Trump, Biden Win N.Y., Wis., R.I., Conn. Primaries
• Voters in four states weighed in Tuesday on their parties’ [Full Story]
• Eller Wins GOP Runoff in Miss. to Face Democrat
• Ron Eller won a Republican primary runoff Tuesday in Mississippi’s [Full Story]
• Report: Feds Released Terror Suspect ‘Accidentally’
• Lawmakers are demanding answers about why a Somali man who was on the [Full Story]
• Powell: Fed Still Sees Rate Cuts This Year
• Federal Reserve officials will likely reduce their benchmark interest [Full Story]
• Russia: NATO, at 75, Has Returned to Cold War Mindset
• Russia said on Wednesday that NATO had returned to a Cold War mindset [Full Story]
• WSJ Poll: Trump Leads Biden in 6 of 7 Swing States
• Former President Donald Trump is holding a lead over President Joe [Full Story]
• Ex-Cop Gets Community Service for NYC Election Scheme
• A former police officer who prosecutors say was the ringleader of a [Full Story]
• Trump Sues 2 TMTG Co-founders to Void Their Stock
• Donald Trump is suing two co-founders of Trump Media & Technology [Full Story]
• Carville: Young Voters Quit Democrats in ‘Droves’
• Democratic strategist James Carville ranted on Sunday over the [Full Story]
• Alabama GOP Sen. Katie Britt Wants Civil Discourse
• Katie Britt confided Tuesday that she counts some Democrat [Full Story]
• Man Gets Prison for Threatening Justice Roberts
• Neal Brij Sidhwaney, 43, of Fernandina Beach, Fla., has been [Full Story]
• Trump Taunts Dems, Media in ‘Border Bloodbath’ Rebuke
• Donald Trump continued to hammer President Joe Biden over his [Full Story]
• The 5 Healthiest Cities in the US
• San Francisco was crowned America’s healthiest city in a study [Full Story]
• Navy Vet Accused of Ramming Into FBI Office Gate
• Federal authorities charged a U.S. Navy veteran who’s accused of [Full Story]
• More Newsfront
• Finance
• Brothers Plead Guilty to Insider Trading of Truth Social
• Two Florida brothers pleaded guilty Wednesday to insider trading charges, admitting making over $22 million illegally before the public announcement in 2021 that an acquisition firm was taking former President Donald Trump’s media company public…. [Full Story]
• Taking Away Reliable Energy Best Way to Disrupt US
• The Wealth Gap & the Road to Serfdom
• Fed Blocks Tough Climate Risk Push by Global Watchdog
• Hunt for Disney CEO Iger Successor Kicks Into High Gear
• More Finance
• Health
• Most With Heart Disease Consume Too Much Salt
• Cutting back on sodium is crucial to treating heart disease, but most heart patients aren’t able to limit their salt intake, a new study finds. On average, people with heart disease consume more than double the daily recommended amount of salt, researchers report. Sodium is…… [Full Story]
• Costco is Now Selling Ozempic
• Boebert Has Emergency Surgery for Blood Clot
• Your Gut Bacteria May Determine Your Risk for Obesity
• Lawsuit Seeks Ban on Menthol Cigarettes After Delays

Note: to expand this image below to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.

Notice: MHProNews invites the firms named in these reports to respond to any concerns about possibly inaccurate information via email that identifies the concern and offers evidence that sheds a different light on the topic discussed. That said, neither MHI nor MHI publicly traded ‘insider brands’ have done so. They’ve been repeatedly invited to do so, including but not limited to an outreach on Dec 7, 2o23 and Feb 25, 2024.

APO = Apolo Global Management – bought Inspire Communities

BAM = Brookfield Asset Management – owns and invests in manufactured home communities (MHCs).

BLK = BlackRock – conglomerate has investments in firms and operations involved in manufactured housing.

BRK-A = Berkshire Hathaway – includes outright ownership of Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance, other manufactured home industry linked firms (MHC brokerage, suppliers, etc.).

BX = Blackstone – Blackstone Group LP has made its first big bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group Inc.

CDPYF = Canadian Apartment Properties Real Estate Investment Trust – also has manufactured home communities (MHCs).

CIGI = Colliers International Group Inc. – The Manufactured Housing and RV Group “We Assist Owners and Investors with Disposition, Acquisition, and Financing for Manufactured Housing Communities and RV Parks.”

CG = The Carlyle Group – has manufactured home communities investments.

CSGP = CoStar Group – is commercial real estate’s leading provider of information, analytics and online marketplaces. They acquired listing service Homes.com.

CVCO = Cavco Industries – manufactured home and other factory-built housing production, retail, finance, insurance.

ECNCF = ECN Capital Group – includes manufactured home lender Triad Financial Services.

ELS = Equity LifeStyle Properties – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations, and parent to Datacomp/MHVillage.

FGF = FG Financial Group – FG Communities “Owns and Operates Growing Portfolio of Manufactured Housing Communities.” KEY = KeyCorp – manufactured home community financing and manufactured home single-family mortgage financing.

KMMPF = Killam Apartment REITs- (includes manufactured home communities (MHCs).

LCII = LCI Industries – components for the manufactured home industry and others (RVs, housing, etc.).

LEGH = Legacy Housing – produces manufactured homes, tiny houses, retail, and captive finance operations.

LPX = Louisiana Pacific Corporation – components for the manufactured home industry and others (housing, etc.).

MHC-UN.TO = Flagship Communities Real Estate Investment Trust (REIT).

MHPC = Manufactured Housing Properties – land lease manufactured home communities (MHCs).

MMI = Marcus and Millichap – commercial real estate brokerage services that include land lease manufactured home communities (MHCs).

NOBH = Nobility Homes – produces and offers captive retail, financing, and insurance services for HUD Code manufactured homes and modular homes.

PATK = Patrick Industries – components for the manufactured home industry and others (RVs, housing, etc.).

SKY = Skyline Champion – produces and offers captive retail, financing, and insurance for HUD Code manufactured homes and modular homes.

SUI = Sun Communities – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations.

UMH = UMH Properties – includes land lease manufactured home communities and captive manufactured home retail, leasing, and financing operations.

UFPI = UFP Industries – components for the manufactured home industry and others (housing, etc.).

• • • NOTE 1: Chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
    • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
    • NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.
    • Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.
    • Note 5: Gifts of Sight and Insights, What’s in Store for 2024? Including 2023 Year End Reflections, manufactured homes, manufactured housing, mobile homes, MHVille, USA Snapshots, Manufactured housing industry year in review 2023.

 

 

2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.

 

2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.

====================================

Disclosure. MHProNews holds no positions in the stocks in this report.

· For expert manufactured housing business development or other manufactured housing professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.

• Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
• Note 2: Manufactured housing, building, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.
• Note 3:
  

  APO, Apollo Global Management, BAM, Brookfield Asset Management, BLK, BlackRock, BRK-A, Berkshire Hathaway, BX, Blackstone, CDPYF, Canadian Apartment Properties Real Estate Investment Trust, CIGI, Colliers International Group Inc, CG, The Carlyle Group, CSGP, CoStar Group, CVCO, Cavco Industries, ECNCF, ECN Capital Group, ELS, Equity LifeStyle Properties, FGF, FG Financial Group, FG Communities,  KEY, KeyCorp, KMMPF, Killam Apartment REITs, LCII, LCI Industries, LEGH, Legacy Housing, LPX, Louisiana Pacific Corporation, MHC-UN.TO, Flagship Communities Real Estate Investment Trust (REIT), MHPC, Manufactured Housing Properties, MMI, Marcus and Millichap, NOBH, Nobility Homes, PATK, Patrick Industries, SKY, Skyline Champion, SUI, Sun Communities, UMH, UMH Properties, UFPI, UFP Industries.

That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports linked herein. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards, honors and numerous public recognitions for his achievements in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. Kovach is a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHLivingNews.com and MHProNews. MHProNews is ranked as the runaway most read trade media in modern manufactured housing history. Manufactured Home Pro News (MHProNews) is the documented #1 largest and most read source for manufactured housing industry News Tips and Views Pros Can Use, per Webalizer 2.23 and known data. MHProNews gets millions of visits a year and has significantly more pageviews per visit than CNN or Fox per SimilarWeb’s stats for those two sites (but those sites get more much more total traffic). Statistics Data Infographics Research Facts Evidence and manufactured housing industry expert analysis make us the runaway most read in MHVille trade media. This article reflects the LLC’s and/or the writer’s editorial views and may or may not reflect the views of sponsors or supporters.