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Community Stocks Taking Hits, Patrick, LCI Roar, MHCV Slides

Bullet headlines from CNN Money: ·        U.S. and Mexico dodge trade war over sugar. ·        U.S. has record 6 million job openings. ·        Betsy DeVos: Student loan debt is ‘of grave concern’. ·        Oil lobby met with interior secretary at Trump hotel. ·        Anthem pulls out of Obamacare in Ohio …

Community Stocks Taking Hits, Patrick, LCI Roar, MHCV Slides Read More

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Pouring Gas on PreFab Fire, CNN Report Spotlighted

You may agree or disagree with CNN’s clearly slanted coverage of President Trump, as even Harvard’s recent media study reported. But one must give credit where it’s due. CNN gave solid coverage recently on the growing factory-built home movement.  They even got (most) of the facts and nomenclature right.  What …

Pouring Gas on PreFab Fire, CNN Report Spotlighted Read More

Manufactured Modular Home Business Plans New Location

Manufactured Modular Home Business Plans New Location

Bryan Crump, owner of Cedar Creek Homes in Columbia Missouri, is making plans to relocate his business to the 4900 block of North Baltimore street in Kirksville, MO. Crump’s development and site plan for the lot will be considered by the Kirksville Planning and Zoning Commission at its June 14 …

Manufactured Modular Home Business Plans New Location Read More

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Modular Building Institute, ICC Working Together to Boost Modular, Offsite Building

The Modular Building Institute (MBI) informs MHProNews of an effort to work with the International Code Council (ICC) to promote modular and offsite construction. MBI, via a release, stated that they are working to eliminate barriers for the industry, by developing guidelines and resources for code officials.  “The current content …

Modular Building Institute, ICC Working Together to Boost Modular, Offsite Building Read More

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Correcting the Record, Tornadoes, Mobile and Manufactured Homes, Michigan State University Study

Over the years, one of the most persistent thorns in the side of manufactured housing is the topic of tornadoes. In numerous meetings with dozens to 100 plus industry veterans in the room, L. A. ‘Tony’ Kovach has asked industry attendees this simple question.  “How many of you believe that …

Correcting the Record, Tornadoes, Mobile and Manufactured Homes, Michigan State University Study Read More

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Nationwide Fund Cuts ELS, Killam and Skyline Lead Movers, MHCV Dips

Bullet headlines from MarketWatch: Why global oil production looks set to grow in 2018, despite OPEC-led output cut. Stock market closes lower as geopolitics hamper equity benchmark’s record run. Harley-Davidson is recalling 57,000 motorcycles. Apple downgraded as analysts say investors dazzled by iPhone 8 aren’t pricing in enough risk.  Bullet …

Nationwide Fund Cuts ELS, Killam and Skyline Lead Movers, MHCV Dips Read More

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Manufactured Housing Industry New Home Production, Shipments Report for April 2017

Washington, D.C. The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased again during April, 2017. The association tells the Daily Business News that just-released statistics indicate …

Manufactured Housing Industry New Home Production, Shipments Report for April 2017 Read More

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HomeLane – Lessons for Americans from Indian Modular Company?

Anyone who has moved into a new residence knows the hassles that it can bring. Srikanth Iyer, a Bengaluru India entrepreneur, decided after his own move to simplify the moving process for others.  He established HomeLane, dubbed a “modular home” design company, but this isn’t modular in the sense that …

HomeLane – Lessons for Americans from Indian Modular Company? Read More

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Hobart, Factory Home Building Pioneer, Turns 100

David Knoll, vice president and general manager of Hobart Brothers, said, “One hundred years is an incredible milestone and it’s a testament for any business to reach that mark. At Hobart, we are very proud of the history of the company and everything that means that brought us here to …

Hobart, Factory Home Building Pioneer, Turns 100 Read More

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Department of Justice, Anti-Trust, and Manufactured Housing Institute (MHI)

“You would never see the NAHB, or another national trade association do,” something like that… –         Titus Dare, SVP, Eagle One Financial   “Hypocrisy!” – Frank Rolfe, MHU, MHP Fund, and MHI Member   Washington, D.C.   Regulatory, lobbying and several Department of Justice (DOJ) activities are often centered or take place …

Department of Justice, Anti-Trust, and Manufactured Housing Institute (MHI) Read More

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Sunday Morning Weekly Recap Manufactured Housing Industry News May 28, 2017 to June 4, 2017

The New June articles on the MHProNews.com home page went live last night.  Other new articles will be going live during the next 48 hours, so make sure you check back. If you’ve been on vacation, or are new to the Daily Business News on MHProNews, welcome to our weekly …

Sunday Morning Weekly Recap Manufactured Housing Industry News May 28, 2017 to June 4, 2017 Read More

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New Production Center Opening; While Some States Struggle, Others Roll On

Yesterday, the Daily Business News noted the sad reality that well over a dozen states are struggling with low, flat, or negative new manufactured home shipment rates. The obvious reverse side of that story is that many are rising, and some states are experiencing above average new home shipment growth …

New Production Center Opening; While Some States Struggle, Others Roll On Read More

Robotti Dumps Cavco Shares, Still Rises; Sky, UMH Surge with Markets

Bullets from CNNMoney – Is the unemployment rate too low? 400 coal mining jobs created in May. The bond market is nervous about jobs. Malls are doomed: 25% will be gone in 5 years Updates per Fox Business – Tech leads Wall St higher. U.S. stocks closed at record levels …

Robotti Dumps Cavco Shares, Still Rises; Sky, UMH Surge with Markets Read More

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Manufactured Housing Industry, Markets, Wall Street Reacts to Trumponomics, 1 Year Data Snapshot

People – sadly, often including those in media – may lie, mislead, or spin. The great thing about numbers is that they simply are. Facts still matter. A high-ranking official at ELS told MHProNews that they believed in getting the word out; bad news, get it out.  Good news, get …

Manufactured Housing Industry, Markets, Wall Street Reacts to Trumponomics, 1 Year Data Snapshot Read More

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While Manufactured Housing Overall Rises, Some Slip Sliding Away

While dozens of states are advancing in manufactured housing shipments, well over a dozen are experiencing low, flat or ‘negative’ new home sales growth. It is one of the under-told stories about the industry today, that fact has been confirmed by the Daily Business News with several state association executives …

While Manufactured Housing Overall Rises, Some Slip Sliding Away Read More

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Texas Business Interests? TMHA Urges Calls to Legislators TODAY, Yes Saturday, Supporting Pending Bill

Texas Manufactured Housing Association (TMHA) Executive Director DJ Pendleton tells MHProNews that, “the vote is either later tonight [Saturday, May 27th] or tomorrow. The deadline for the session is tomorrow so it will all be over one way or another. You didn’t get it late, we had to wait to send this till the CC …

Texas Business Interests? TMHA Urges Calls to Legislators TODAY, Yes Saturday, Supporting Pending Bill Read More

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Kevin Clayton at Clayton Homes Takes Buffett’s Big Stage, Video

Yesterday, in part one of this series on the “Woodstock for Capitalists,” the Daily Business News focused on several aspects of the business, wit, insights, and politics of Warren Buffett. Today, we look at Kevin Clayton of Clayton Homes, who even before his featured interview on FOX Business, Warren Buffett …

Kevin Clayton at Clayton Homes Takes Buffett’s Big Stage, Video Read More

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Warren Buffett Admits Mistakes, “Mind Your Language!”

It has been dubbed the “Woodstock for Capitalists.” It’s the spectacle formally known as the Berkshire Hathaway Annual Shareholders Meeting.  It took place this past weekend in Omaha, Nebraska. The event provided insights into the mind of Warren Buffett, whose large manufactured housing business units makes him of widespread interest …

Warren Buffett Admits Mistakes, “Mind Your Language!” Read More

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Tricon Capital Roars, Skyline Update, Retail Worries Spark Market Slide

Noteworthy headlines on – CNNMoney – U.S. laptop ban could hit 350 flights a day. Microsoft unveils big Windows update. Sears CEO: “We don’t need more customers.” Tennessee makes community college free for all adults. Some bullets from Fox Business – Aetna’s Obamacare Exit may trigger domino effect as deadline looms. …

Tricon Capital Roars, Skyline Update, Retail Worries Spark Market Slide Read More

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UMH’s Huge Rally, Manufactured Housing CV Dips, OPEC, US Oil Duel

Noteworthy headlines on – CNNMoney – NBC set for biggest Trump interview yet. Volkswagen CEO faces scrutiny. Obamacare repeal bill CBO score expected in two weeks. Tesla begins taking orders for its Solar Roof. Some bullets from Fox Business – White House: Trump, DOJ, FBI members lost confidence in Comey. …

UMH’s Huge Rally, Manufactured Housing CV Dips, OPEC, US Oil Duel Read More

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