As follow-up to a story MHProNews posted Jan. 16, 2014 regarding three variance requests for the siting of manufactured homes in Magnolia, Arkansas, the Magnolia Planning and Zoning Commission denied all three, according to magnoliareporter.com. Although all three requests were from parties who own the land, and the commissioners support […]
Placement Denied for Three Manufactured Home Variance Requests Read More
Following a story we first posted Oct. 21, 2013 regarding the proposed redevelopment of Vineland Vista Mobile Home Park in St. Helena, California owned by Vintner Hall Wines, the Napa Valley Planning Commission has delayed approval of the modification because the old ordinance does not allow for multifamily modular housing.
Update of Manufactured Housing Community Delayed Read More
Despite single-family housing starts falling seven percent in December, 2013 from November’s surge of 16 percent, when builders were scurrying to put foundations in the ground before the freeze set in, housing starts for the year were up 15 percent over 2012. The Census Bureau informs MHProNews multifamily starts, which
Residential Building Rises in 2013 Read More
Pursuant to Killam Property, Inc.’s (TSX:KMP) dividend policy, the board of directors has declared a monthly dividend of $0.05 per common share to be paid on Feb. 17, 2014 to shareholders of record as of Jan. 31, 2014. Based in Halifax, Nova Scotia, Canada, this marks Killam’s first dividend reflecting
Killam Raises Monthly Dividend Read More
In observance of Martin Luther King, Jr. Day, January 20, all stock markets are closed. They will reopen tomorrow morning at 9 A.M. (Image credit: House Financial Services Committee)
U. S. Stock Markets Closed Read More
Researchers at the University of Southern California have developed a large 3D printer that will build a two-story modular home in 24 hours. The fabrication technology, called Contour Crafting, was developed by Behrokh Khoshnevis, according to worldpropertychannel.com. A printer fitted with fast-drying concrete replaces laborers to create a home based
Two Story Modular Home Built on Site in 48 Hours. You Think? Read More
Inmate overcrowding is a major issue in the race for sheriff in Stockton, California, pitting incumbent Sheriff Steve Moore against Sgt. Pat Withrow. While a state panel approved $33.3 million for a new, higher-security facility to replace the Honor Farm, Withrow wants to add modular jail units on an “as
Modular Jail Proposed for Stockton Read More
Wed. night, Jan. 22 the Town Council in Derry, New Hampshire will discuss a grant proposal for water system improvements for the Centennial Estates Manufactured Housing Cooperative. The public hearing is one of three that will be held to discuss the proposal for the 57 site manufactured housing community (MHC),
Water System on Tap for Co-operative? Read More
Taking over a one-time manufactured housing plant in Johnstown, Colorado, PTI Group has converted the 113,000 square-foot facility to constructing modular workforce housing for the oil, gas and mining industries in Canada. Based in Alberta, Canada, PTI scouted 78 cities before choosing the Denver area because of the availability of
Former Manufactured Housing Plant Bustling with Modular Workforce Units Read More
Following up on a story MHProNews posted Jan. 31, 2013, regarding $125,000 in seed money received by Wolfpack Chassis from Elevate Ventures’ Indiana Angel Network Fund (IANF), the Kendallville, IN-based company announces the completion of a $625,000 round of financing. Wolfpack manufactures chassis and chassis components for the manufactured housing
Manufactured Housing Chassis Firm Firms-up Financing Read More
As follow-up to a story MHProNews last posted May 22, 2013, the Clayton-Bradley Academy, which opened on the grounds of Clayton Homes in July, has announced plans to add four classrooms to the school which currently serves 78 tuition students. Dr. Don Bruce, chairman of the nonprofit organization Innovative Education
Clayton-Bradley Academy Adding Classrooms Ahead of Schedule Read More
Black Diamond Structures of Calgary, Alberta, Canada, which rents and sells remote workforce housing and modular workspace solution, has announced it will pay a dividend of $0.075 per share for January, 2014. The company’s board of directors reports the dividend will be paid on February 18, 2014 to shareholders of
Modular Accommodations Supplier Declares Monthly Dividend Read More
Investors were disappointed by the drop in housing starts and building permits in December as they digested a bundle of economic reports from private industry. CNNMoney reports the Dow Jones Industrial Average managed a gain of 41.55 points, +0.25 percent, to end the week at 16,458.56. Meanwhile, the Nasdaq dropped
Patrick Ind. Notches Top Gain, while Louisiana Pacific Falls Read More
The National Association of Home Builders (NAHB) reports housing production fell 9.8 percent in December to a seasonally-adjusted annual rate (SAAR) of 999,000 units following a gain in housing starts in November. The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau say single-family housing starts fell
Overall Housing Production Drops in December Read More
TJT Inc. (OTC Markets: AXLE) reports a net profit of $75,815, $.02 per diluted share for the first quarter of fiscal year 2014, as compared to a net loss of $302,189 for the same quarter in the previous year. According to marketwatch.com net sales for Q1 2014 increased 90 percent
Axle & Tire Company Rolling Forward Once Again Read More
The latest Freddie Mac Economic and Housing Market Outlook shows the housing market moving in a positive direction. Frank Nothaft, Freddie Mac’s vice president and chief economist, says “As we start 2014, the housing recovery continues its steady pace. House-price gains will likely moderate from last year’s pace but rise
Freddie Mac: Housing Market is Steadily Returning Read More
The Billings County Fryburg School in western North Dakota was sold for almost $500,000 to Louisiana-based Energy Resource Group for a man camp for the Bakken oil field workers, but the company never followed through. The bismarcktribune.com reports an Alabama-based company, Bakken Suites of Fryburg, has more recently filed a
Modular Man Camp on Hold Read More
The Magnolia (Arkansas) Planning Commission will deal with the placement of several manufactured homes at its next meeting on Mon., Jan. 20, 2014. As magnoliareporter.com informs MHProNews, Aaron Thomas and Shari Palmucci have each requested a variance to site a manufactured home in an R2 zone (single-family homes and duplexes).
Manufactured Homes Siting on Agenda Read More
Investors were disappointed by Citigroup and Best Buys’ poor earnings, and J. C.Penney’s decision to close 33 stores, dropping the Dow Jones Industrial Average -64.93 points, -0.39 percent, to close at 16,417.01. CNNMoney reports the Nasdaq nudged up +0.09 percent, +3.81 points, to finish at 4,218.69, while the S&P slid
Patrick Edges Up; Dow, S&P Nudge Down Read More
Champion Homes will close its Carolina Building Solution plant in Salisbury, North Carolina in March, and consolidate it with its facility in Lillington, NC 80 miles to the east. Some of the 93 employees may relocate to Lillington depending upon how many are needed, but Salisbury Plant Manager Jeff Mooring
Modular Home Manufacturing Plant to Close Read More
