RV

Patrick Industries Finalizes Acquisition of Structural Composites

By / May 26, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

Elkhart, Indiana-based Patrick Industries, Inc. (NASDAQ:PATK) has completed its acquisition of Structural Composites of Indiana, Inc. (SCI). Based in Ligonier, IN, SCI manufactures fiberglass components for the recreational vehicle (RV) and other industrial markets, according to prnewswire. The net purchase price of $20 million was funded by the company’s credit …

Patrick Industries Finalizes Acquisition of Structural Composites Read More

Manufactured Housing Component Supplier Patrick Splitting Stock

By / May 25, 2015 / Business, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes, RV, Stocks

Component supplier to the manufactured housing (MH) and recreational vehicle (RV) industries, Patrick Industries, Inc. (NASDAQ:PATK) stock will split 3-2 on the morning of Monday, June 1, 2015, according to what dakotafinancialnews tells americanbankingnews. Shares will be issued to stockholders following the close of the market Friday, May 29. Patrick …

Manufactured Housing Component Supplier Patrick Splitting Stock Read More

Drew President Unloads Shares

By / May 24, 2015 / Business, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, People, RV

MHProNews has learned Drew Industries, Inc. (NYSE:DW) President Scott T. Mereness sold 3,803 shares of company stock at $63.50 a share for a total value of $241,490.50, as disclosed in a filing with the Securities and Exchange Commission (SEC). It was not immediately known how many shares Mereness continues to …

Drew President Unloads Shares Read More

Drew Industries, Inc. Adds Two to Board of Directors

By / May 21, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, People, RV

MHProNews has learned that the stockholders of Drew Industries, Inc. (NYSE:DW) have voted two new members to its board of directors. Frank Crespo and Kieran O’Sullivan will be joining James Gero, Jason Lippert, Leigh Abrams, Frank Hegi, David Reed, Jack Lowe and Brendan Deely. Crespo is Vice President and Chief …

Drew Industries, Inc. Adds Two to Board of Directors Read More

Sunday Morning Recap May 11-May 16, 2015

By / May 16, 2015 / Awards, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Zoning

ROC USA notches 113th Co-op. MHC Owners Honors Industry Members. RV/MH Chooses 2015 Class. Deer Valley Plummets. Rising Rents makes MH Living more Feasible. World Expo Modular. New MHC Approved. CDBG not for MH. England Modulars. Sen. Shelby proposes MH Access. Habitat Modular in New Jersey. Nadeen Green Honored. Aussie …

Sunday Morning Recap May 11-May 16, 2015 Read More

RV/MH Hall of Fame Class of 2015 Announced

By / May 11, 2015 / Awards, Manufactured and Modular Housing News, Manufactured Homes, People, RV

The Recreational Vehicle/Manufactured Housing (RV/MH) Hall of Fame’s annual induction dinner to honor the Class of 2015 will be held at the Hall’s Northern Indiana Event Center in Elkhart, Indiana August 3, as Chairman Darryl Searer has informed MHProNews. Inductees chosen to be honored this year are: Bert V. Alanko, …

RV/MH Hall of Fame Class of 2015 Announced Read More

Cavco Acquires Manufactured Home Producer Fairmont

By / May 4, 2015 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV

MHProNews has learned from globenewswire that manufactured and modular home builder Cavco Industries, Inc. (NASDAQ:CVCO) has acquired Fairmont Homes, Inc. of Nappanee, Indiana through its wholly-owned subsidiary, FH Group, LLC.. With manufacturing plants in Indiana and Minnesota, Fairmont produces manufactured and modular homes and park model recreational vehicles (RVs), and …

Cavco Acquires Manufactured Home Producer Fairmont Read More

Carefree Acquires Central Park in Florida

By / April 30, 2015 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

Carefree Communities, Inc. of Scottsdale, Arizona acquired Central Park manufactured home (MH) and recreational vehicle (RV) communities in Haines City. Florida, April 23. Located 90 miles from Tampa and Orlando, the age-restricted 55+ Central Park MH has 110 homesites, and the Central Park RV community has 368 sites. Both communities …

Carefree Acquires Central Park in Florida Read More

Drew Industries Acquires Canadian Firm

By / April 27, 2015 / Business, Canada, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

Lippert Components, Inc., a wholly-owned subsidiary of Drew Industries, Inc., which supplies components to the manufactured housing and recreational vehicle industries, has acquired Spectal Industries., Inc. of Granby, Quebec, Canada. With production facilities in Canada as well as Tennessee and South Carolina, Spectal manufactures doors and windows for commercial and …

Drew Industries Acquires Canadian Firm Read More

New South Wales Review may Ease Restrictions on Manufactured Home Communities

By / April 26, 2015 / Business, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, RV

A government review in New South Wales (NSW), Australia set to begin this month is intended to make it easier for developers to re-purpose greenfield sites into manufactured home communities (MHCs) and caravan (recreational vehicle) sites, according to what dailytelegraph informs MHPronews. Bob Browne, NSW general counsel for Camping, Caravan …

New South Wales Review may Ease Restrictions on Manufactured Home Communities Read More

Sun Communities reports Financials for Quarter ending March 31, 2015

By / April 23, 2015 / Communities, Company News, home buyers, Manufactured and Modular Housing News, Manufactured Homes, RV

From marketwatch MHProNews has learned that Sun Communities, Inc. (NYSE:SUI), for Q1 2015 reports net income attributable to stockholders of $6.9 million, or $0.13 per diluted share as compared to $7.8 million net income for the same period of 2014 with $0.21 per diluted share. Same site net operating income …

Sun Communities reports Financials for Quarter ending March 31, 2015 Read More

Patrick to Release Q1 Financials

By / April 17, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

MHProNews has learned from marketwatch that manufactured housing component supplier Patrick Industries, Inc. will release its first quarter 2015 financial results before the market opens on April 30, 2015. The company will conduct a conference call later that same day at 10:00 AM to discuss the Q1 results and other …

Patrick to Release Q1 Financials Read More

Manufactured Housing Industry Supplier, T.J.T., Reports Quarterly Results

By / April 13, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

From Emmett, Idaho businesswire informs MHProNews of the Q2 fiscal year results for T.J.T. Inc., a provider of axles, tires and set-up materials to the manufactured housing industry. Net sales rose 14 percent from $1,266,699.00 in the same quarter last year to $1,440,024 this quarter. Sales resulted in a net …

Manufactured Housing Industry Supplier, T.J.T., Reports Quarterly Results Read More

Sunday Morning Recap–April 5, 2015 to April 11, 2015

By / April 12, 2015 / Business, Communities, Company News, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV, Trade Shows

In this week’s news, although we did not cover it, we are reminded of the power of nature as a tornado devastated a small town in Illinois. Otherwise, H. R. 650 may hit the House Floor this week. Can Tiny Homes site in MHCs? Modular housing being weighed in Boston, …

Sunday Morning Recap–April 5, 2015 to April 11, 2015 Read More

Opening Day is Manufactured Housing Day

By / April 10, 2015 / Manufactured and Modular Housing News, Manufactured Homes, RV, Trade Shows

As MHProNews has reported in years past, the Manufactured Housing Recreational Vehicle (MHRV) Show Association will once again roll out the Grand Puyallup RV Show at Washington State Fair Events Center/Puyallup Fairgrounds in Puyallup, Washington April 30-May 2, 2015. Back by popular demand, this year’s show will also include three …

Opening Day is Manufactured Housing Day Read More

Executive Change at Manufactured Housing Component Supplier

By / April 10, 2015 / Company News, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, RV

Manufactured housing component supplier Drew Industries, Inc. (NYSE:DW), of Elkhart, Indiana, has informed MHProNews that Joseph S. Giordano III, will be leaving his posts as treasurer and Chief Financial Officer (CFO) as of Aug. 31, 2015 to pursue other business opportunities. He joined Drew as Corporate Controller in 2003, and …

Executive Change at Manufactured Housing Component Supplier Read More

M. Scott Welch Joins Patrick Industries Board

By / April 8, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, People, RV

MHProNews has learned from PRNewswire that M. Scott Welch has been appointed to the Board of Directors of Patrick Industries, Inc. (NASDAQ:PATK), an Elkhart, Indiana-based major component supplier to the manufactured housing and recreational vehicle industries. Welch is the President and CEO of Welch Packaging Group, one of the largest …

M. Scott Welch Joins Patrick Industries Board Read More

Tiny House in Manufactured Home Community Sparks Legal Debate

By / April 6, 2015 / Communities, Factory-Built Homes, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, regulation, RV, Zoning

Karen and Tom Rogers live in a 420 square foot tiny house, built by Lil’ Lodges, in Bruton Park manufactured home community (MHC) in York County, Virginia. The county cited them for a violation because it is not a manufactured home, but following an appeal to the zoning board, they …

Tiny House in Manufactured Home Community Sparks Legal Debate Read More

Sunday Recap March 29-April 4 2015

By / April 4, 2015 / Business, Communities, Company News, Economy, Factory-Built Homes, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Trends, Zoning

HUD Code production continues rising, China going modular, Cavco Acquisition, Affordable housing lags, New MHC in Arizona, Inmates Building Modular Homes, Champion Partners with Winnebago, MHCC Suggests Multifamily HUD Code Homes and more. Mon., March 30 Rising Land Values Force Older Manufactured Home Communities Out China Choosing Modular for Hotels, …

Sunday Recap March 29-April 4 2015 Read More

Skyline’s Q3 Balance Sheet Improves

By / April 3, 2015 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV

From Elkhart, Indiana insurancenewsnet informs MHProNews Skyline Corp. reports net sales from continuing operations for fiscal Q3 2015 increased 26 percent to $38,109,000 from $30,169,000. The company reported net loss from continuing operations fell from $3,906,000 a year ago in Q3 to $2,911,000. The net loss from discontinued operations dropped …

Skyline’s Q3 Balance Sheet Improves Read More

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