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Posts Tagged ‘modular home builder’

Nationwide Expanding Martinsville VA Modular Facility

April 25th, 2016 Comments off

modular dormitory ferrum_college_modular_dorm__mod_u_kraf_creditThe Martinsville (VA) Henry County Economic Development Corporation (EDC) and modular home builder Nationwide Custom Homes announce the expansion of the company’s production line by adding 59 employees, increasing output by 35 percent, with the set-up scheduled to be complete by the end of the year.

As demand grows for modular housing, Nationwide President Andy Miller said the $986,342 project involves extending the production line at one of the Rives Road sites, as wdbg7 tells MHProNews.

The first phase is anticipated to begin in 90 days and will require about six weeks to complete. The second phase is expected to take four weeks, but will not be accomplished until the fourth quarter, although the company has already added 15 employees to its 190 person work force. The company is set to add 20 workers in phase one and another 24 for phase two.

A $100,000 grant to help fund Nationwide’s expansion has been approved by the EDC, providing $50,000 for each of the two phases. “The EDC is pleased to assist Nationwide with this project and we appreciate their efforts and commitment to grow their operations in the City of Martinsville”, said Chris Beeler, Chairman of the EDC Board.

Mark Heath, CEO and president of the EDC, said the organization is also working with Virginia Jobs Investment Program t o pursue state job grants. He added, “We’ve been working with them off and on for years on different projects. Nationwide is one of the largest, if not the largest, manufacturer in the city and they want to expand their work force. The EDC board felt it was the right thing to do to support them and help retain their operations in our community.”

An operating division of Palm Harbor Homes, which is part of Phoenix-based Cavco Industries, Inc. (NYSE:CVCO), Nationwide produces modular housing for the single and multi-family residential markets as well as commercial buildings. ##

(Photo credit: Ferrum College–modular dormitory, Ferrum, VA)

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

Modular Home Builder Sponsoring Educational Breakfast Meeting

October 14th, 2015 Comments off

modular  shutterstock  creditMHProNews has learned from modularhomecoach that Modular Home Builder is sponsoring the October Builder Breakfast at The Country Cupboard in Lewisburg, Pennsylvania Oct. 21 starting at 8:30. The primary speaker will be Steve Kennealy, Massachusetts Director of the Manufactured Buildings Program, Dept. of Public Safety, giving a talk about unqualified set crews in Mass.

He will later be joined by Mark Conte, PA Dept. of Community Economic Development, Factory Housing Building Standards; and Stan Weaver, Modular Home Erectors, Inc. in an open forum about the future of modular homebuilding in general, and licensing set crews. Cost for the event is $25. ##

(Photo credit: shutterstock–modular home being sited)

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

 

Canadian Modular Home Builder Brings New Ideas and New Life to the Industry

January 26th, 2015 Comments off

canadian-modular-home-builder-guildcrest-homesFactory-built homes roll down one modular home builder’s assembly line each week in a giant hive of activity fueled by more than 120 employees.  Once assembled, the homes are loaded onto flatbeds, trucked to their new locations, placed on footings and a foundation, and then, in a very short period of time, homebuyers have a new dwelling. All this activity takes place at Guildcrest Homes, located in a 120,000-square-foot plant in Morewood, about 50 km southeast of Ottawa, Ontario, Canada.

The Ottawa Business Journal tells MHProNews that Guildcrest has found creative solutions to problems such as how to keep load heights to about 13 feet. They accomplish this by making sure that gang nail roof trusses are hinged so they unfold upwards after delivery and lock in place.

Guildcrest Manager George Tierney, notes: “We’re pretty sure that if a wood-frame building comes into contact with a concrete overpass at 100 km/h, well, we know who’d win.”

The company has overcome technical challenges like this through innovation. It also appears to be able to consistently deliver good-quality products on time, an issue that often bedevils the stick-built mainstream homebuilding business.

Indeed, a lot can go wrong when building a new home. It’s a complicated process, and it’s not unusual to have 30 or more unresolved building issues when a new stick-frame house is completed.

However, assembling houses in a controlled environment, as Guildcrest does, means that they can deliver on time and with fewer problems. The firm’s record with Tarion, Ontario’s new home warranty program, seems to bear this out.

In 10 years, Guildcrest has sold 418 dwellings in Ontario. During that time, it has had just one chargeable conciliation, which occurs when Tarion determines that one or more items reported by the homeowner are warranted under the plan and the builder failed to repair or resolve the items during the applicable repair period.

Guildcrest has an interesting history. The company began as Dutch Sash and Door. Then it was sold to a Toronto-based company that drove it into bankruptcy within 18 months, whereupon it was purchased by Bob Egan, David Poupor, John Coppens and two others who transitioned it to the Guildcrest brand and name. It’s also been known as Morewood Homes in the past.

Today, Guildcrest is owned by Saint-Apollinaire, Quebec-based modular home manufacturer Pro Fab, which in turn is owned by an enormous private equity firm, Wynnchurch Capital of Chicago.

Wynnchurch has been buying up modular homebuilders across North America with a view to driving down costs and increasing market share. If it succeeds, it could revolutionize an industry that clearly needs updating.

So what’s standing in its way? First, the conservative nature of the industry itself, which suffers from an unwillingness to embrace change in what is a very inefficient system.

Second, what works in Quebec, Michigan, New York or New England doesn’t necessarily work in Ontario and vice versa. A one-size-fits-all-approach to design and construction isn’t always the right way to go.

Third, a significant portion of the traditional new home marketplace mistakenly thinks of modular homes as unimaginative and inflexible in terms of design. Nevertheless, Guildcrest Sales Chief Roy Mills dismisses such worries, saying those issues are a thing of the past.

“That stigma is gone,” he says. “We build big homes, small ones, townhomes, side-by-sides, duplexes, triplexes. We fire rate them vertically and stack them side by side. We do in-fill housing now. Plus, from start to finish, we deliver in just four months.”

The firm has three sales channels: retail (sales to consumers who have their own lots), authorized builders (a wholesale channel) and developers (who are bringing an entire subdivision online).

In addition, Guildcrest is able to do more than just sell a consumer a modular home. It will take charge of the entire project from excavation, footing, and foundation to the occupancy permit.

It is also a major exporter to the United States. When the Canadian dollar sank to 63 cents, Mills recalls fondly, “We made a killing, especially in upstate New York, where Guildcrest is a licensed builder.”

Guildcrest also supports the land-lease recreational market in a big way. Its largest customer is Parkbridge Lifestyle Communities, Canada’s premier owner and operator of residential land lease communities and resorts. Currently, this company owns about 300 retirement communities, cottage communities and RV resorts. ##

(Photo Credit: Guildcrest Homes)

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Article Submitted by Sandra Lane to – Daily Business News- MHProNews.

 

Stock Soars upon Acquisition of Modular Builder

April 8th, 2014 Comments off

Updating a post MHProNews published April 4, 2014 regarding Aetrium Inc.’s acquisition of modular builder KBS Building Systems of Maine, the shares of Aetrium skyrocketed 42 percent the day after the acquisition was announced. The firm has been constructing machines that handle and test computer chips since 1982, according to startribune.com, and the acquisition was seen as a response to dissident shareholders who have complained about Aetrium’s lackluster performance in recent years: The stock dropped 61 percent during the last five yeas, 46 percent in the last year alone. A relatively minor player in the computer chip industry, an unanswered question is whether the company will leave that market altogether. ##

(Image credit: KBS Building Systems-two story modular home)

New Jersey Modular Home Factory Aims High

October 14th, 2013 3 comments

Following up on a story MHProNews posted Oct. 11 concerning a Camden, New Jersey warehouse that is being transformed into a modular housing factory, 2,000 showed up at the ribbon-cutting ceremony looking for work. ACTS Industries, LLC intends to hire 1,000 people at $15 an hour. ACTS CEO Irv Richter says, “There are more people here than we can hire, but we’re going to do our best to hire as many as we can.” He states the plant will produce 30-40 modular homes a day aimed at the emergency housing market (eventually the permanent modular home) when it becomes operational in 3-4 months, and intends to roll out 300-400 a day down the road. The facility will also manufacture Cerarmix, a polymer ceramic-metallic composite that is up to 10 times harder than steel. When Richter complained that no one from the city has contacted him about the project, according to courierpostonline.com, a spokesman for Mayor Dana Redd says ACTS has not applied for any permits.

(Photo credit: Douglas Bovitt/courierpostonline–ribbon-cutting ceremony at ACTS Ind., LLC)

Shipping Containers to Modular Homes

May 20th, 2013 Comments off

Lanka Business Today reports the demand in Sri Lanka for shipping containers converted into modular homes has begun a trend causing one modular home builder to double production in order to meet demand. Dharshana Fernando, Managing Director of Hybrid Homes (pvt) Limited, says, “We have received considerable amount of orders from potential home owners and are currently in the process of manufacturing and delivering the first batch of Hybrid Home units. We have already taken steps to double our production capacity to meet the increased customer demand.” Hybrid offers customized homes from containers limited only by budget and imagination. They also offer standard models from the factory installed on your site, as well as containers for the DIY (do-it-yourself) crowd who wants to adapt them from scratch into homes. Useable ones start around $1,800 each. AsMHProNews knows, Sri Lanka is an island at the southern tip of India where the Bay of Bengal meets the Indian Ocean.

(Photo credit: Lanka Business Today)

Modular Homes Expanding into Korean Market

May 9th, 2013 Comments off

The industryandtechnologytimes informs MHProNews Japanese builder Kase Sogo will partner with S. Korea’s G. S. Architects & Associates to establish modular home builder Kase Co. in Korea. Model homes will be built near temples in Seoul and Gyeonggi Province, although customization is also available. A Kase Co. official said, “Given the trend in Korea toward nuclear families and more convenience and efficiency in home building, we are certain the demand for modular homes will rise in the near future.”

(Photo credit: tektumdailymercury–Australia modular house)

Another Home Supplier to Western North Dakota

April 23rd, 2013 Comments off

A modular home builder with operations in Aberdeen, South Dakota is hoping to open a facility in Fort Yates, North Dakota to provide housing for the Bakken Oil Field boom. As bismacktribune tells MHPronews, the ATechBuilder Corp. expects to hire 45 full time employees to build the 1,100 to 2,500 square foot modular homes that will cost under $100,000 to over $250,000 each. ATech’s Rick Downs, anticipating an opening of the modular plant this fall, says he is seeking investors for the $1.5 million facility, and wants to open additional production sites in the state. Located in south central ND, Fort Yates is home to Sitting Bull College, and the company is expected to draw employees from the Sitting Bull Indian Reservation.

(Photo credit: merchantcircle–modular home under construction)

Modular Homes from Vermont Schools in Solar Decathlon

April 17th, 2013 Comments off

SevenDaysVermont tells MHProNews two small Vermont schools will be competing against 18 mostly larger schools in the U. S. Dept. of Energy’s biennial Solar Decathlon to be held in October at Irvine, Calif. While this will be Norwich University’s first trip to the competition, Middlebury College placed fourth in its first outing in 2011, and its entry is now home to three students each semester on campus. Norwich’s Delta T-90 will focus on affordability and accessibility, with the longer goal of developing a solar-powered modular home that average Vermonters can afford. Collaborating with modular home builder Huntington Homes, the team is using local materials when possible for the 1,000 square foot totally solar-powered unit, including regionally-harvested northern white cedar for the exterior walls. The nine-foot ceilings give the feel of a much larger house, and the $150 a square cost makes it affordable for a couple with full-time minimum wage jobs. The Middlebury team’s modular house is constructed around an internal steel frame with 34 removable floor, roof and wall panels to control shipping costs. The insulation is blown cellulose (old newspaper treated with a fire retardant, and denim), and the exterior is recycled barn wood. 26 solar panels power the home that costs around $250 a square foot, and the green roof recycles rainwater.

(Image credit: SevenDaysVermont–top: Norwich University’s entry. bottom: Middlebury College’s entry)

Loans more Available for Factory-built Home Buyers

April 17th, 2013 Comments off

MarketWatch informs MHProNews manufactured and modular home builder Deer Valley Corp.’s wholly-owned subsidiary, Deer Valley Financial, Inc., (DVF) has entered an agreement to provide CIS Home Loans with a $2.5 million line of credit to increase its portfolio of retail mortgages for buyers of manufactured and modular homes. This will allow CIS to offer bridge “construction-to-permanent loans” and the ultimate resale of the loan to government or private entities. Since it began in 2009, DVF’s financing has been available only to dealers of Deer Valley homes to acquire inventory. The partnership with CIS will now provide financing for retail buyers of manufactured and modular homes, primarily in south central U. S.

(Image credit: texaslendingtoday)