Drew Industries, Inc. of Elkhart, Indiana has acquired Flair Interiors, Inc., a manufacturer of recreational vehicle (RV) interiors with operations in Goshen and Fort Wayne, IN, through its wholly-owned subsidiary, Lippert Components, Inc. (LCI®) for $8.1 million, according to streetinsider. Sales of Flair for 2015 wee approximately $25 million. Drew’s […]
Drew Acquires Manufacturer of RV Interiors Read More
What’s New in public focused Manufactured HomeLivingNews.com Discovering a 9 out of 10 “Mobile Home Park” Lifestyle What’s New in Manufactured Housing Industry Professional News MHC development on Pacific coast may wash out, while Hillcrest MHC in New Hampshire gets nod for expansion. UK modular plant to hire 400-500, modulars
Sunday Morning Recap-Manufactured Housing Industry News Feb. 21-Feb. 28, 2016 Read More
The manufactured home community (MHC) in Hewitt, Texas was established in 1970, and about ten years later ordinances were approved to govern the community, but now need to be updated. Specifically, the city’s community development director, Terry Lankford, wants to make them more accommodating to residents. Dealing with lot sizes
Older MHC Requires New Ordinance to Accommodate Larger Homes Read More
MHProNews has learned Patrick Industries, Inc. (NASDAQ:PATK)’s vice president of human resources, Courtney Blosser, sold 10,799 shares of company stock at $41.90 per share for a total transaction of $452,091. Blosser currently owns 19,560 shares of Patrick, about 0.12 percent of of the company’s market capitalization, according to franklinindependent. Meanwhile,
Insider Trading at Patrick Industries, Inc. Read More
Updating a story MHProNews posted July 21, 2014 about Wyoming Homes owner David Valenti being sued by the Pennsylvania AG for not delivering manufactured and modular homes for which he was paid, and not fulfilling contacts, timesleader reports he pleaded guilty in Luzerne County Court to 19 counts of theft.
David Valenti Pleads Guilty to 19 Counts of Theft Read More
Updating a story MHProNews posted on Aug. 22, 2015 regarding plans by the owners of Hillcrest Estates manufactured home community (MHC) to upgrade the community and add up to 70 new MH over the next ten years, the Portsmouth, New Hampshire Planning Board approved a conditional use permit for a
Expansion for Hillcrest Estates MHC Approved by Planning Board Read More
What’s New in public focused Manufactured HomeLivingNews.com Noise and Smoke vs. Facts About Manufactured Homes and Lending What’s New in Manufactured Housing Industry Professional News Tucson MHC to be developed. Utilities now metered at MHC homes. Plans approved for MHC expansion. Patrick posts strong financials for quarter, year. MHC residents
Sunday Morning Recap-Manufactured Housing Industry News Feb. 14-Feb. 21, 2016 Read More
About 70 residents of Rancho Los Amigos manufactured home community (MHC) in Tucson, Arizona have been notified they will have to move by Aug. 1, 2016 to make way for a232-unit apartment complex. Alta Vista Communities has purchased the community for $4.8 million, as tucson informs MHProNews. State law requires
Tucson Manufactured Home Community to be Developed Read More
Following a story MHProNews last posted Feb. 15, 2016 regarding the (much applauded) proposed rule change by HUD that would draw a clearer distinction between manufactured homes and recreational vehicles, U. S. Representative Jackie Walorski, as co-founder of the Congressional Recreational Vehicle Caucus, led congressional attempts to clarify the distinction.
Rep. Walorski Elaborates on HUD Rule Change Read More
At the meeting of the Madison County Board in Edwardsville, Illinois, new rules for siting manufactured homes in unincorporated areas were adopted, according to what the altondailynews tells MHProNews. In addition to a $300 fee each time the property changes residents, the new rules include: A manufactured home in any
County Sets Hoops for Manufactured Home Owners to Jump through Read More
Following a topic we last covered Nov. 5, 2015 regarding the numbing effect of mandated sprinkler systems on home building in Maryland, lawmakers held a hearing to determine if counties can opt out of a new state law requiring all new homes, including manufactured homes (MH), to have sprinkler systems.
Maryland Counties want to Opt out of Mandated Sprinkler Read More
Rob Ripperda of the Texas Manufactured Housing Association (TMHA) informs MHProNews the Stat Tracker indicates Texas continues to lead all states in the sales of manufactured homes. The state notched 14,861 total MH sales in 2015 through Nov., 2015. There is a 60-day window for submission of sales, and with
Texas Manufactured Home Sales Statistics Read More
Two tri-state off-site home builders in Iowa are seeing improvements in their respective housing markets, according to thonline. Doug Stimpson, vice president and general manager of All American Homes in Dyersville, in northeastern Iowa told MHProNews that business has increased 30 percent in the last four years, and already this
Northeastern Iowa Growing the Off-site Homebuilding Market Read More
Currently in Corpus Christi, TX, the city owns a number of vacant lots it wants to site with homes, according to what caller tells MHProNews, and intends to infill with affordable housing. Streets Committee Chairman Andy Taubman is in favor of using manufactured homes as infill, and to this end,
City may Infill Vacant Property with Manufactured Homes Read More
According to financialspots, President Obama has appointed Carlyle Group partner Jerome Powell to serve on the Federal Reserve Board of Governors. Powell was undersecretary for finance under the George H. W. Bush presidency. One of the largest defense contractors in the world, Carlyle includes among its ranks some of the
MHC Owner Carlyle Group has Deep Washington Ties Read More
MHProNews has learned from financial-market-news that Skyline Corp. (NYSE:SKY) Director John C. Firth purchased 5,000 shares of company stock Feb. 5, according to a disclosure filed with the Securities and Exchange Commission (SEC). Acquired at an average cost of $4.16 per share for a total transaction of $20,800, the director
Skyline Corp. Director Purchases 5,000 Shares Read More
Following a story MHProNews last posted Dec. 14, 2015 regarding a proposed ordinance in Mohave County, Arizona that would restrict siting of manufactured homes to be no more than seven years old, the planning and zoning commission (P&Z) amended the ordinance to accept MH built after 1976, according to mojavedailynews.
Ordinance Changed, County now Welcomes HUD Code since 1976 Read More
MHProNews has learned from bizjournals that Erlanger, Kentucky-based SSK Communities has acquired Hickory Hills manufactured home community in Florence, Kentucky, marking SSK’s third acquisition this year. The community is adjacent to SSK’s Mosby Pointe, and residents of Hickory Hills will have access to amenities at Mosby, including the clubhouse and
SSK Acquires Hickory Hills MHC in Kentucky Read More
The Vermont Economic Development Authority (VEDA) has approved $14.4 million in loan and bond financing for a variety of projects throughout Vermont, according to what MHProNews has been informed by vermontbiz. Funding of $300,000 was approved to assist Vermod High Performance Manufactured Housing, LLC, a producer of energy-efficient modular homes
Producer of High Tech Manufactured Homes Obtains Loan to Buy Facility Read More
According to what thehill tells MHProNews, recreational vehicles (RV) are currently exempt from the Department of Housing and Urban Development (HUD)’s rules for manufactured homes (MH). New proposed rules say those RVs that are used as a “primary residence or permanent dwelling” should not be exempt. HUD wants to redefine
HUD Closes Loophole on RV Exemption Read More
