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New Skyline Champion Manufactured and Modular Home Factory Set to Open, Plus MH Market Updates

CNNmoney12.17.2018ManufacturedHomeStocksMarketsReportsMHProNewsNew HUD Code manufactured home factories are gaining traction, as manufactured and modular housing shipments have been recovering. Skyline-Champion’s (SKY) soon-to-open production center in Leesville, LA is our focus for this evening’s market focus.  Scroll down beyond the Manufactured Housing Composite Value to see that report.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

CNNFoxNewsLeftRightMediaBiasDailyBusinessNewsMHproNEwsSharylAttkisson

 

Select bullets from CNN Money…

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Select Bullets from Fox Business

  • Dow, S&P 500, Nasdaq in the red for 2018
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  • Billionaire Richard Branson says 9-to-5 workdays will disappear
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  • The US-China ‘trade war’ is really a conflict over technology. Huawei proves it.
  • Dems impeachment desire could backfire: Kennedy
  • Here’s your permission slip to become a millionaire

Today’s markets and stocks, at the closing bell…

 

9MarketIndicatorsYahooFinance12.17.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

 

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Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

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A 127,000 square-foot Skyline Champion Corporation plant is slated to open in January 2019, with an anticipated production launch in the spring. The idle facility is being retooled and configured and will include some new innovative production techniques, including automation,” said their press release via Berkshire Hathaway owned Business Wire to the Daily Business News on MHProNews.

It’s an honor to be the only operating manufactured housing facility in the state of Louisiana,” said Keith Anderson, Chief Executive Officer. “We are thrilled to bring our high-quality, cost-effective homes to an even wider customer base, as well as to offer the exceptionally skilled local workforce with hundreds of new jobs.”

The facility’s location will allow us to provide better value due to reduced transportation for the future homebuyers of Louisiana, east Texas, south Arkansas and south Mississippi,” said Wade Lyall, Vice President of the Southern Region. “We are strongly committed to providing affordable housing to the residents of this great state and we look forward to building long-lasting relationships with the City of Leesville, the Louisiana Economic Development Corporation, local Retailers, and the LA Housing Commission.”

A prior, detailed, report on this topic is linked below.

 

New HUD Code Manufactured Home Factory Opening, State Announces Hundreds of News Jobs

 

SKY’s stock fell today – see the Bloomberg ticker graphic below for all the closing numbers.

Skyline-Champion (SKY) Manufactured and Modular Factory Home-Builders, Real vs Faked or Misleading News, Reports

It’s been yet another down-day on the Dow and other markets too. A pair of prior SKY stock related report can be accessed by clicking the linked boxes above and below.

 

Skyline Champion Makes Major Announcement, Plus “Insider” Look

ICYMI, for the latest on Cavco Industries’ drama, see the Related Report, by clicking the linked box below.

Cavco Industries (CVCO) Hit$ Bottom

 

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

12.17.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

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