RV

Control Shares Statute may Protect Skyline from Cavco

By / / Business, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV, Stocks

Following a story MHProNews has posted recently regarding Cavco Industries, Inc.’s attempt to acquire competitor Elkhart, Indiana-based Skyline Corporation, Indiana’s Control Shares Acquisition Statute makes a hostile takeover difficult. However, if the raider can persuade a majority of non-interested shareholders (meaning everyone besides management, and the raider) to give it […]

Control Shares Statute may Protect Skyline from Cavco Read More

Skyline Founder Art Decio Donates Movie Equipment to Boyhood Gym

By / / Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV

While Skyline Corp. of Elkhart, Indiana is determining what suitor, if any, will acquire all or part of the company, founder Art Decio has agreed to donate $20,000 for high definition movie equipment for the Roosevelt Center gymnasium in Elkhart, where he and Mayor Dick Moore played basketball some 60

Skyline Founder Art Decio Donates Movie Equipment to Boyhood Gym Read More

RV/MH Hall of Fame Nominations due this Month

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

The RV/MH Hall of Fame has issued a reminder that the deadline for nominations for inductees into the Class of 2015 will end Oct. 31, with selections made in Jan. 2015. Nominees must have 25 years experience in any segment of the manufactured housing or recreational vehicle industry in order

RV/MH Hall of Fame Nominations due this Month Read More

RV/MH Hall of Fame Kicks off New Fundraiser Challenge

By / / Business, Manufactured and Modular Housing News, Manufactured Homes, People, RV

During the Manufactured Housing Institute’s (MHI) 78th annual meeting, Darryl Searer, chairman and president of the RV/MH Hall of Fame and Barry Cole, president of MH Insurance Services and past chairman of the Hall, urged assistance from the attendees to help retire the Hall’s debt, which has resulted from prior

RV/MH Hall of Fame Kicks off New Fundraiser Challenge Read More

Skyline Responds to Cavco’s Letter

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

In response to Cavco Industries, Inc. attempt to acquire Skyline Corporation following Skyline’s announcement it will spin off its RV division to Evergreen Recreational Vehicles, LLC, as MHProNews reported Sept. 29, cnnmoney.com reports the company’s board of directors issued a statement: “Our Board has established a special committee tasked to

Skyline Responds to Cavco’s Letter Read More

Cavco Industries Attempting to Acquire Skyline Corp.

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

Following on the heels of Skyline Corporation’s tentative agreement to sell its recreational vehicle (RV) division to Evergreen Recreational Vehicles LLC, as MHProNews reported Sept. 26, Cavco Industries, Inc. announced that it has attempted for the past 30 days, through various channels, to open a dialogue with the Skyline board

Cavco Industries Attempting to Acquire Skyline Corp. Read More

Evergreen RV to Acquire Skyline’s RV Division

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

Evergreen Recreational Vehicles of Middlebury, Indiana and Skyline Corp., (SKY) producer of manufactured and modular homes and recreational vehicles, have signed a letter of interest for Evergreen to acquire all the assets of Skyline’s RV division. According to insurancenewsnet.com, Kelly L. Rose, board chairman of Evergreen, says, “I am very

Evergreen RV to Acquire Skyline’s RV Division Read More

Gabelli unloads Skyline Corp. Stock

By / / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV, Stocks

Mario Gabelli, with over $19 million invested in stocks, has reduced his position in Skyline Corp., a producer of manufactured homes and recreational vehicles, by 3.21 percent. He now holds 406,700 shares, which represents 4.85 percent of the company, according to yahoofinance.com. Gabelli has decreased his holdings in the company

Gabelli unloads Skyline Corp. Stock Read More

Sun Communities closes on Public Offering

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

Following a story MHProNews posted Sept. 17 regarding Sun Communities, Inc.’s (SUI) announcement of a public offering to raise shares to help fund its recent $1.32 billion acquisition of 59 manufactured housing communities (MHCs) from Green Courte Partners, LLC, the offering is now closed. The 6,900,000 shares of commons stock,

Sun Communities closes on Public Offering Read More

Zacks Forecasts Profitable year for Equity LifeStyle Properties

By / / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV, Stocks

Equity LifeStyle Properties, Inc. (ELS) will pay a cash dividend of $0.325 per share Oct. 10, 2014 to shareholders of record Sept. 24, 2014, marking the third quarter the company has paid the same dividend. The dividend yield is 3.08 percent at the stock price of $42.25, according to nasdaq.com.

Zacks Forecasts Profitable year for Equity LifeStyle Properties Read More

Lippert Contributes to RVs, MHs and Community Charities

By / / Business, Manufactured and Modular Housing News, Manufactured Homes, RV

Employees of manufactured housing component supplier Lippert Components, Inc. of Elkhart, Indiana participated in the annual JDRF (Juvenile Diabetes Research Foundation) Walk to Cure Diabetes, raising over $15,000 for research into a cure for Type 1 diabetes. According to rvbusiness.com., around 200 employees and their families took part in the

Lippert Contributes to RVs, MHs and Community Charities Read More

Skyline Revamping its Recreational Vehicle Models

By / / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV, Stocks

In an attempt to turn around its eighth consecutive year of multimillion dollar losses, manufactured housing producer Skyline Corp. is rolling out a new line of recreational vehicle (RV) models at this week’s Elkhart County RV Open House. Based in Elkhart, Indiana, the company has focused more on its MH

Skyline Revamping its Recreational Vehicle Models Read More

Equity LifeStyle Properties Board Declares Dividend

By / / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, RV

The board of directors of Equity LifeStyle Properties, Inc. (NYSE:ELS) declared a quarterly dividend of $0.325 per common share, representing an annual dividend of $1.30 per share, according to wallstreetscope.com. The dividend will be paid Oct. 10, 2014 to shareholders of record on Sept. 26, 2014. In today’s trading, Sept.

Equity LifeStyle Properties Board Declares Dividend Read More

MH Component Supplier Patrick Acquires RV Component Maker PolyDyn3

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

Elkhart, Indiana-based Patrick Industries Inc. (PATK) is acquiring PolyDyn3, LLC, a producer of simulated stone and wood products for the recreational vehicle (RV) market, for $1.3 million. Also based in Elkhart, PolyDyn will be operated on a stand-alone basis in its current facility, according to rvbusiness.com. The interior and exterior

MH Component Supplier Patrick Acquires RV Component Maker PolyDyn3 Read More

Zell, Soros, Druckenmiller and Icahn Agree: A Big Board Correction is Imminent

By / / Business, Communities, Company News, Economy, Manufactured and Modular Housing News, Manufactured Homes, People, RV

Sam Zell, Chairman of  real estate giant Equity International, and Equity LifeStyles, which owns/has an interest in 380 manufactured housing and recreational vehicle communities in North America, noting corporations that have missed their expected goals were low on the revenue side, which means the demand is not there for their

Zell, Soros, Druckenmiller and Icahn Agree: A Big Board Correction is Imminent Read More

Lippert Acquires Aftermarket RV and Truck Component Supplier

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

Manufactured home component supplier Drew Industries, Inc. (DW) announces that its wholly-owned subsidiary, Lippert Components, Inc. (LCI) has acquired Duncan Systems, Inc., also of Elkhart, Indiana, and a supplier of aftermarket truck and recreational vehicle (RV) glass windows and awnings for $18 million. Duncan’s estimated sales as of July 2014

Lippert Acquires Aftermarket RV and Truck Component Supplier Read More

RV/MH Class of 2014 Inducted at Record-breaking Ceremony

By / / Advocacy, Awards, Manufactured and Modular Housing News, Manufactured Homes, People, RV

A record-breaking crowd of 444 witnessed the Class of 2014 being inducted into the RV/MH Hall of Fame in Elkhart, Indiana, beating the previous record of 434 attendees. The Class includes: Debbie Brunoforte, Little Dealer, Little Prices; Bob Livingston, Good Sam; Peter B Orthwein, Thor Industries; John D Roba, Roba

RV/MH Class of 2014 Inducted at Record-breaking Ceremony Read More

Town Will Allow Rvs to Temporarily Site in MHCs

By / / Canada, Communities, home buyers, Manufactured and Modular Housing News, Manufactured Homes, RV

A proposal to allow recreational vehicles to occupy manufactured home sites in land lease communities until a manufactured home is delivered passed the Coaldale, Alberta, Canada Town Council, according to sunnysouthnews.com. Town officials will include in the ordinance that only the owner of the home site can place an RV

Town Will Allow Rvs to Temporarily Site in MHCs Read More

Sun Communities beat Q2 Analysts’ Estimates

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

With revenue up 15.2 percent compared to the second quarter last year, Sun Communities, Inc. (NYSE:SUI) reports earnings per share of $0.78 beat analysts’ estimate of $0.76 by $0.02 for Q2 2014. Earnings per share for Q2 2013 were $0.69 per share, as watchlistnews.com informs MHProNews . The company’s $115.40

Sun Communities beat Q2 Analysts’ Estimates Read More

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates