Cavco Industries, Inc. (“Cavco”) announced financial results for the fourth quarter and fiscal year ended April 1, 2023. On January 3, 2023, we completed the acquisition of Solitaire Homes, which operates four manufacturing lines and twenty-two retail locations. Since the acquisition date, the results of Solitaire Homes are included in Cavco’s consolidated financial statements. Quarterly Highlights […]
Cameron Ashley Appoints New Vice President
We are pleased to announce that Bob Sellers has joined Cameron Ashley as Vice President of Insulation Sales. Bob is responsible for the growth and development of both new and existing national accounts to deliver a best-in-class customer experience. “We are thrilled to have Bob join Cameron Ashley during this significant period of our company’s […]
LP® SmartSide® Trim & Siding Showcased as Sustainable Siding Product at the 2023 Berkshire Hathaway Shareholders Meeting
LP Building Solutions (“LP”), a leading manufacturer of high-performance building products, is proud to announce that LP SmartSide Trim & Siding was featured on the model home presented by Clayton at the 2023 Berkshire Hathaway Shareholders Meeting. Clayton, a national builder of attainable housing and a Berkshire Hathaway company, unveiled the manufactured home built to Department of Energy Zero […]
MRS Announces Distribution Partnership with Advanced Building Products and Tamlyn
Manufacturers Reserve Supply (“MRS”) is pleased to announce its distribution partnership with two leading companies in the building materials industry: Advanced Building Products and Tamlyn. Through these partnerships, MRS will be able to offer its customers a superior line of weatherization products that meet the latest building codes and standards. The partnership with Tamlyn will […]
NAHB Debuts New Index for Multifamily Activity
The National Association of Home Builders (NAHB) redesigned its Multifamily Market Survey (MMS) in the first quarter of 2023 to make it easier to interpret and more similar to the NAHB/Wells Fargo Housing Market Index for single-family housing. The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 50 for […]
Freddie Mac: The 30-year Fixed-rate Mortgage Reverts from Last Week
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.39 percent. “The 30-year fixed-rate mortgage averaged 6.39 percent this week, as economic crosscurrents have kept rates within a ten-basis point range over the last several weeks,” said Sam Khater, Freddie Mac’s Chief Economist. “After the […]
NAR: Existing-Home Sales Faded 3.4% in April
Existing-home sales decreased in April, according to the National Association of REALTORS®. All four major U.S. regions registered month-over-month and year-over-year sales declines. Key Highlights Total existing-home sales1 – completed transactions that include single-family homes, townhomes, condominiums and co-ops – slid 3.4% from March to a seasonally adjusted annual rate of 4.28 million in April. Year-over-year, sales […]
Dynatronics Announces Planned Resignation of CEO
Dynatronics Corporation (“Dynatronics” or the “Company”), a leading manufacturer of athletic training, physical therapy, and rehabilitation products, today announced that Chief Executive Officer and Director John Krier has informed the Board of his intention to resign from the company by the end of September 2023 to pursue other professional interests. Brian Baker, the company’s current […]
MJB Wood Group Announces the Opening of New Facilities in Mexico City and Puebla, Mexico
MJB Wood Group, LLC, a leading manufacturer and distributor of industrial wood products, is excited to announce the opening of new facilities in Mexico City and Puebla, Mexico. With these new facilities, MJB Mexico, headquartered in Saltillo, has six (6) locations strategically located across Mexico to support the growth of leading North American manufacturers as […]
Beacon Releases Annual Corporate Social Responsibility Report
Reinforces ESG Commitment and Demonstrates Progress Beacon (Nasdaq: BECN) announced today that it has released its second annual Corporate Social Responsibility (CSR) Report. This report provides an expanded, quantified view of Beacon’s Environmental, Social and Governance (ESG) commitments which are rooted in the company’s values. “Our 2022 CSR Report highlights the winning culture we are building which […]