Posts Tagged ‘Keiser Homes’

Lost Modular Jobs Set to Return?

March 3rd, 2017 Comments off

A Coastline Modular Home. Credit: Coastline Homes.

Once known for its booming modular and manufactured home industry, Oxford, Maine has been dubbed the “Manufactured Housing Capital of New England.

Sadly, a downturn in May 2016, including the shutdown of Keiser Homes, cost at least 120 workers their jobs. The Daily Business News originally covered that story here.

But now, there’s new hope.

According to the Sun Journal, the area got a boost last week when two local businessmen presented plans that many hope will strengthen the job and housing market.

The preliminary site plan application for construction of a 70,088-square-foot building has been presented to the Oxford Planning Board for the soon to be named ABS Modulars facility.

If approved, the new business may add as many as 80 new jobs to the area, said Code Enforcement Officer Joelle Corey-Whitman.

Additional jobs may also be coming down the line, following approval of a site plan application for another new manufactured housing business in Oxford.


The future site of ABS Modulars. Credit: Sun Journal.

The Planning Board also gave John Schiavi of Schiavi Custom Builders the green light to open a manufactured home sales center, Coastline Homes of Oxford.

Ten to 15 jobs are expected to be created once Coastline Homes is up and running. Groundbreaking for the new facility is expected to take place in the next few weeks.

Construction for ABS Modulars is expected to begin this spring with an estimated completion date one year from now.

Local builders say as much as 83 percent of business was lost during the housing bust of 2008. Further, modular builder Keiser Homes, a subsidiary of Innovative Building Solutions (IBS), closed its plant in Oxford when IBS filed for bankruptcy in May, 2016.


The Schiavi Homes team. Credit: Schiavi Homes.

We’re very excited about the direction we’re going in. It’s part of the market that really suffered in the downturn,” said Scott Stone of Schiavi Custom Builders.

We’ve decided to take advantage of the upturn in modular and manufacturing housing and open up a sales lot where ‘middle America’ can again afford to buy their first home. The middle class took the brunt,” said Stone of the housing bust in 2008. “That’s what’s coming back. We’re really happy.

Coastline Homes is expected to be open in time for the 16th annual Oxford Hills Home Show in mid April.

The show draws potential homebuilders and buyers primarily from Maine, New Hampshire and Massachusetts, and allows the manufactured housing industry to jointly promote its individual businesses and the industry as a whole. ##


(Image credits are as shown above.)



RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

Modular Home Builder Opening Third Plant in Mifflinburg

August 4th, 2016 Comments off

hotel_modular_in_hershey_pa__constructionglobal__credit postedDailyBusinessNewsMHProNewsRitz-Craft Custom Homes will be opening its third plant in Mifflinburg, Pennsylvania due to a strong demand from builders doing work in residential developments, aided likely by the recent closing of the Excel Homes plant some 40 miles away in Liverpool, as MHProNews posted May 16, 2016.

Ritz-Craft sells directly to home builders, and according to dailyitem, employs 400, has been in business over 60 years, and sells homes in 26 states and Ontario, Canada.

We are seeing an exciting shift in the market,” said Paul D. John, president and chief executive officer. “Buyers seem to have a greater appreciation for the benefits we provide through the use of a more technologically advanced building method.”

The announcement comes about three months after Innovative Building Systems–which also owned Keiser Homes of Maine as well as Excel–filed for bankruptcy, ending work for 280 employees. Ritz-Craft anticipates it will be drawing employees from there.

Bob Garrett, CEO of the Greater Susquehanna Valley Chamber of Commerce, said off-site construction is a leading indicator going into slow times and a lagging indicator during a rebound. “This is one more example where a critical partnership, in this case with Ritz-Craft and their allied businesses, is paying off to the benefit of the people of the greater Susquehanna Valley. Given our long history of craftsmanship in the Valley, we would hope most or all of the jobs go to the craftsmen who live here,” Garrett added. ##

(Photo credit: constructionglobal-modular hotel in Hershey, Pennsylvania)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J Silver to Daily Business News-MHProNews.

Maine City Receives Block Grant for Modular Apartments

July 1st, 2016 Comments off

Maine_farmington__kmodular_apartments_to_replace_wood_frame__dailybulldog__creditA project to replace deteriorating apartment buildings in Farmington, Maine with modular units moved closer to fruition as the Board of Selectmen accepted a $500,000 Community Development Block Grant (CDBG), and appointed an eight-member advisory board to oversee the building.

MHProNews last posted a story about the project, called 82 High Street, May 23, 2016 when Keiser Homes went bankrupt and Farmington had to find another builder. A deposit was made with Keiser for the homes which the contractor, Cousineau Inc. of Wilton, Maine has sued to have returned, but will continue the housing project for people of low/moderate income regardless.

Now, according to dailybulldog, Kent Homes has been chosen to build the homes, and because it is a larger operation, the homes may be fast-tracked. 82 High Street originally built the apartments almost 30-year ago with funding from local churches, Western Maine Community Action and Maine Housing Authority which bought the property from a private owner.

The property includes 17 manufactured homes behind the buildings that were updated in 2010, and just last year new water and sewer lines were installed. The $500,000 CDBG grant, approved by the current residents, will be combined with a $500,000 federal Home Loan Bank grant; a $540,000 loan for the project was secured late last year with the help of Franklin Savings Bank personnel to round up the total funding for the $1.5 million build.

The wood frame apartments will be razed and replaced with 12 apartments consisting of three, two-story, modular four-unit buildings. Two of the modular buildings are scheduled to be completed by Sept., the third by October.

The town manager, Richard Davis, commended the leaders of 82 High Street for their efforts on this project, as did several Selectmen. ##

(Photo credit: dailybulldog–three low-income apartment buildings that will be demolished and replaced with modular apartments in Farmington, Maine.)

Modular Apartment Builder Seeks Replacement for Keiser

May 23rd, 2016 Comments off

modular two story being sited  excel homesThe fallout continues from the bankruptcy of Innovative Building Systems, as MHProNews last reported May 7, 2016, closing Keiser Homes, leaving the developers of 82 High Street in Farmington, ME, a nonprofit affordable housing complex, to find a replacement builder.

The complex’s board of directors will review proposals from three other vendors. As centralmaine tells MHProNews, the board met with Cousineau Inc. of Wilton, ME, the modular dealer and construction company overseeing the project.

82 High Street had already put down a deposit on the three modular apartment buildings, which Cousineau has sued to have returned, but agreed to absorb the loss if it is not repaid. We’re the ones taking the loss,” Randy Cousineau, president of Cousineau Inc., said Monday. “We’re going to honor the original contract.”

While 82 High Street has already secured a $500,000 grant from the Federal Home Loan Bank and a $540,000 loan from Franklin Savings Bank for the project, the developers are still waiting to hear if a $500,000 Community Development Block Grant has been approved for the $1.5 million project. Each of the three modular apartment buildings has four units. ##

(Photo credit: Excel Homes–two story modular apartment building being sited)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

The Wake of IBS’/Excel Homes Bankruptcy Broadens

May 17th, 2016 Comments off

excel_homes__credit__family_of_homesNews continues arriving to MHProNews in the wake of modular builder Innovative Building Systems’ (IBS) sudden Chapter 7 bankruptcy, which we last covered May 16, 2016, as dailyitem reports 280 people at the Excel Homes plant in Liverpool, PA have lost their jobs, effective May 13.

Begun in 1984, other facilities that have closed in addition to the Liverpool plant include Keiser Homes in Oxford, Maine and MODUKRAF modular homes in Rocky Mount, Virginia. The website for IBS continues to depict primarily commercial, industrial and educational modular building, mostly out of steel; the website for MODUKRAF homes says the company is currently out of business.

The Excel Homes website itself continues uninterrupted, with all the models and descriptions of quality. It also reveals the Excel Homes family of businesses, in addition to the ones already named: Epoch Homes, All American Homes, Future Homes, IDBS and HandCrafted Homes.

It could not be immediately determined the total number of employees affected nor how many plants closed, but all were under the umbrella of Innovative Building Systems, which billed itself as the largest modular builder in the U. S. ##

(Image credit: Excel Homes)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Innovative Building Systems filing for Bankruptcy, closing Keiser in Maine

May 7th, 2016 Comments off

keiser_homes_closing__wmtw_Maine__5_2016MHPronews has learned from wmtw in Oxford, Maine that modular builder Keiser Homes is abruptly closing, ending work for 120 employees. Officials laid off 60 employees in April and said they would return by mid-May, but that was not to be.

According to Julie Rabinowitz of the Department of Labor, Keiser’s parent company, Innovative Building Systems (IBS), is filing for bankruptcy. ##

(Photo credit: wmtw–Keiser Homes in Oxford, Maine)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Sunday Morning Recap-Manufactured Housing Industry News July 19-July 26, 2015

July 26th, 2015 Comments off

mhpronews_sunday_morningWhat’s New in public focused Manufactured

A Hunter and Native American Decorator’s Dream! John Howard’s Home, Inside MH Road Show Video

How A Manufactured Modular Home Production Center Achieves Savings and Quality – Inside MH Video with Mike Stone

4 Easy Ways to Keep Your Home Clean

What’s New in Manufactured Housing Industry Professional News

As the Dodd-Frank Act hits the five year mark, stories abound how its offspring, the Consumer Financial Protection Bureau, continues to confound the manufactured home industry as well as the banking and mortgage industries, and the accompanying importance of MH fiancing reform. Meanwhile, MHLivingNews and MHProNews publisher L. A. “Tony” Kovach lands on The Hill in D. C., and as a family man on 83degreesmedia. In other news, industry pressure changes minds in a Texas city, several MHCs change hands, MH lands in Native American hands, MH Firms Plan Q2 Financials Release, much, much more.

Saturday, July 25

Temporary Modular Housing being Restricted in Bakken Oilfield

Friday, July 24

The Avoidance of the Rule of Law by Dodd-Frank

Dow Falls -163 Points, Most Tracked Manufactured Housing Stocks also Drop

Modular Workforce Housing Planned for Southwest Louisiana

Help Ensure Passage of The Preserving Access to Manufactured Housing Act

UMH Properties Set to Release Q2 Financials Aug. 7

Capital One Arranges $14 Million Fannie Mae Loan

Thursday, July 23

Drew Industries to Release Second Quarter Financials

Deer Valley Corp. Jumped +10.25 percent while Most All Tracked Stocks Fell

Home Sales Rise to Best Rate in Eight Years

Capital One Arranges Purchase of CA Manufactured Home Community

Orders for Keiser’s Modular Homes will be Built at a Sister Plant

Gendell Unloads More Patrick Stock for $1.48 Million

Wednesday, July 22

Manufactured Home Community in Florida Sells for $6.4 Million

PSP Seeks Manufactured Home Communities to Provide Affordable Housing

MHCV Edges Up, NASDAQ Slips, Existing Home Sales Rose 3.2 % in June

Elko Band Native Americans Break Ground for New Manufactured Homes

Texas City Reverses Decision, Votes to Allow Manufactured Housing

War of Words? DC’s The Hill Congressional Blog on Manufactured Housing Finance Reform

Tuesday, July 21

Deer Valley Falls -11.11%, as Most Tracked Manufactured Housing Stocks Slip

Equity LifeStyle Properties Beats Analysts Expectations in Q2

Factory-Built Homes—the New Cool

Tired of renting? Get the scoop on manufactured homes

Lawsuit Challenges Removal of Manufactured Home Carports

Monday, July 20

Keiser Homes Fire did not Damage Main Structure, Electrical or New Homes

Deer Valley Gains 10.25%; Dodd-Frank Turns Five Tomorrow

Housing Starts, Permits Hit Eight-year High

Marcus & Millichap Arrange Sale of Florida Manufactured Home Community

Mark Engel to Join Green Courte Partners as CFO

Honda Agrees to Cease Discriminatory Automobile Lending

Sunday Morning Recap-Manufactured Housing Industry News-July 12-July 19, 2015 ##

(Photo credit: MHProNews.

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Orders for Keiser’s Modular Homes will be Built at a Sister Plant

July 23rd, 2015 Comments off

modular two story being sited  excel homesFollowing a story MHProNews last posted July 20, 2015 regarding the fire that has temporarily halted production at Keiser Homes in Oxford, Maine, sunjournal reports unfinished orders will be completed at one of the parent companies plants in Pennsylvania.

While employees at the plant continued to ship homes to customers, General Manager of Excel Homes of Maine, Zane Sheaffer says it may be six weeks before the facility is back up to speed. While foul play is not suspected as the cause, the overall financial impact in terms of damage and productivity loss is still being determined.

A division of Innovative Building Systems LLC, Keiser, Excel Homes and Innovative Design and Building Services brands are built in the Oxford plant. The 61,000 square-foot facility is assessed at $3.02 million, according to town tax records. IBS President Phil Hickman said although homes under construction inside the plant were not damaged by the fire, they will be scrapped over concerns of smoke damage. ##

(Photo credit: Excel Homes–two-story modular home being sited)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Keiser Homes Fire did not Damage Main Structure, Electrical or New Homes

July 20th, 2015 Comments off

keiser_modular_homes__sunjournal__andree_kehn__creditFollowing a story MHProNews reported Friday, July17 regarding a fire at modular builder Keiser Homes in Oxford Maine, sunjournal reports the fire was contained to a lean-to where where wood was stored, destroying most of the wood and the structure, but did not affect the main building, the electrical system or any of the modular homes. It did warp the metal siding on the north end of the building.

Several employees were keeping a watch on the building over the weekend to make sure the fire did not reignite, but have to wait until the insurance adjusters, the state fire marshal’s office and the owners finish their investigation before they can begin the clean-up.

Plant engineer Andrew Grant was working in his office in another part of the complex after the other 80 employees had left for the day when he saw the flames outside his window and alerted the fire department. The company had just received a shipment of oriented strand board (OSB), a type of pressed wood used in home construction, which is the wood that burned. ##

(Photo credit: sunjournal/Andree Kehn–Keiser Homes after the fire)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Fire Starts in Wood Pile at Modular Homebuilder Keiser

July 17th, 2015 Comments off

keiser_homes_fire_oxford_maine__wgme_tv_creditA fire at modular homebuilder Keiser Homes in Oxford, Maine started around 4:45 this afternoon in a stack of plywood after employees had left for the day, according to a report by pressherald. Fire Chief Wayne Jones said the fire spread only about 20 feet into the building, and a sprinkler system initially kept the fire in check.

While firefighters were able to contain the fire, it still required five hours to get the fire under control, utilizing personnel from over a half-dozen near-by towns. One firefighter was transported to a hospital for heat exhaustion, while another was treated at the scene for a minor injury.

A fire crew was expected to spend the night at the scene to make sure the blaze did not flare up. Information as to the dollar loss was not immediately available.

As MHProNews reported Dec. 9, 2013, Excel Homes, a subsidiary of Innovative Business Solutions of Pennsylvania, acquired Keiser Homes. ##

(Photo credit: WMME-TV 13–Fire at modular homebuilder Keiser Homes)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.