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Cavco Industries Opens New Manufacturing Facility in the Tarheel State: Cavco Homes of North Carolina
Cavco Industries Opens New Manufacturing Facility in the Tarheel State: Cavco Homes of North Carolina
The 184,000-square-foot facility in Hamlet, North Carolina expands the company's affordable home production capabilities
CAVCO INDUSTRIES OPENS NEW MANUFACTURING FACILITY IN THE TARHEEL STATE: CAVCO HOMES OF NORTH CAROLINA
Cavco Homes of North Carolina logoPHOENIX, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("Cavco" or the "Company") today announced that the Company has opened its newest manufacturing facility in Hamlet, North Carolina. Known as "Cavco Homes of North Carolina," the 184,000 square-foot-plant will produce homes built under the standards of the U.S. Department of Housing and Urban Development ("HUD code"). The opening comes approximately seven months after Cavco acquired the facility from Volumetric Building Companies ("VBC"), which used the facility to produce multi-family residential and commercial projects and has since moved that production to their markets in the Northeast. Cavco offered continued employment to previous VBC employees, including management staff, and additional employment opportunities are anticipated to become available with the expansion of its homebuilding production.
"At Cavco we are intensely driven to provide solutions to the pressing need for affordable homes," said Bill Boor, President and Chief Executive Officer of Cavco. "The addition of the Hamlet facility to our growing network of 27 plants across the country is a step forward on that path. This has been a great opportunity to quickly bring new capacity online with an in-place and capable workforce. From the beginning, it was a primary objective for both VBC and Cavco that we maintain continuous employment for the people at the facility; and through careful planning and coordination, we have been able to do so. We're very excited about the important role Hamlet will play in Cavco's future for many years to come."
Cavco has distribution points in 48 U.S. states and in Canada, through its 45 retail stores and 27 production plants, while employing over 6,300 people. In fiscal year 2022, the Company delivered over 16,700 homes, provided over $141 million in financing to homebuyers, insured homes for over 63,600 homeowners and provided fast and efficient claims assistance to over 5,600 homeowners. Cavco is the third-largest U.S. builder of manufactured homes, with a 14% share of that market.
For more information on Cavco Industries, visit cavcoindustries.com.
Click to tweet: .@CavcoIndustries opens new manufacturing facility in the Tarheel State: Cavco Homes of North Carolina; #manufacturedhousing; #construction; #manufacturing; #Cavco; #jobs; #hiring; #employment. Learn more at
Media Contact
Wallace Campbell
Director, Communications
Cavco Industries, Inc.
602.283.9027
wallace.campbell@cavco.com
About Cavco Industries, Inc.
Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers. We are one of the largest producers of manufactured and modular homes in the United States, based on reported wholesale shipments. Our products are marketed under a variety of brand names including Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood and MidCountry. We are also a leading producer of park model RVs, vacation cabins and factory-built commercial structures. Cavco's finance subsidiary, CountryPlace Mortgage, is an approved Fannie Mae and Freddie Mac seller/servicer and a Ginnie Mae mortgage-backed securities issuer that offers conforming mortgages, non-conforming mortgages and home-only loans to purchasers of factory-built homes. Our insurance subsidiary, Standard Casualty, provides property and casualty insurance to owners of manufactured homes. Additional information about Cavco can be found at
A photo accompanying this announcement is available at
The 184,000-square-foot facility in Hamlet, North Carolina expands the company's affordable home production capabilities
该工厂位于北卡罗来纳州哈姆雷特,占地18.4万平方英尺,扩大了该公司负担得起的住宅生产能力
CAVCO INDUSTRIES OPENS NEW MANUFACTURING FACILITY IN THE TARHEEL STATE: CAVCO HOMES OF NORTH CAROLINA
卡夫科工业公司在塔希尔州开设新的制造工厂:北卡罗来纳州的卡夫科之家
PHOENIX, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("Cavco" or the "Company") today announced that the Company has opened its newest manufacturing facility in Hamlet, North Carolina. Known as "Cavco Homes of North Carolina," the 184,000 square-foot-plant will produce homes built under the standards of the U.S. Department of Housing and Urban Development ("HUD code"). The opening comes approximately seven months after Cavco acquired the facility from Volumetric Building Companies ("VBC"), which used the facility to produce multi-family residential and commercial projects and has since moved that production to their markets in the Northeast. Cavco offered continued employment to previous VBC employees, including management staff, and additional employment opportunities are anticipated to become available with the expansion of its homebuilding production.
凤凰城,2022年10月4日(环球网)--卡夫科工业公司(纳斯达克代码:CVCO)今天宣布,该公司在北卡罗来纳州哈姆雷特开设了最新的制造工厂。该工厂被称为“北卡罗来纳州的Cavco住宅”,占地18.4万平方英尺,将按照美国住房和城市发展部(“HUD代码”)的标准生产住宅。开业大约七个月前,Cavco从Volumeter Building Companies(“VBC”)手中收购了该设施,后者利用该设施生产多户住宅和商业项目,并将生产转移到他们在东北的市场。Cavco为之前的VBC员工提供了继续就业机会,包括管理人员,随着其住宅建筑生产的扩大,预计将提供更多的就业机会。
"At Cavco we are intensely driven to provide solutions to the pressing need for affordable homes," said Bill Boor, President and Chief Executive Officer of Cavco. "The addition of the Hamlet facility to our growing network of 27 plants across the country is a step forward on that path. This has been a great opportunity to quickly bring new capacity online with an in-place and capable workforce. From the beginning, it was a primary objective for both VBC and Cavco that we maintain continuous employment for the people at the facility; and through careful planning and coordination, we have been able to do so. We're very excited about the important role Hamlet will play in Cavco's future for many years to come."
Cavco首席执行官比尔·布尔、总裁表示:“在Cavco,我们强烈要求提供解决方案,以满足人们对经济适用房的迫切需求。”哈姆雷特工厂加入我们在全国各地不断扩大的27家工厂网络,是在这条道路上向前迈出的一步。这是一个巨大的机会,可以迅速将新的产能投入使用,拥有一支到位且有能力的员工队伍。从一开始,VBC和Cavco的首要目标就是为工厂的员工保持持续的就业;通过仔细的规划和协调,我们已经能够做到这一点。我们非常兴奋哈姆雷特将在未来许多年里在Cavco的未来发挥重要作用。
Cavco has distribution points in 48 U.S. states and in Canada, through its 45 retail stores and 27 production plants, while employing over 6,300 people. In fiscal year 2022, the Company delivered over 16,700 homes, provided over $141 million in financing to homebuyers, insured homes for over 63,600 homeowners and provided fast and efficient claims assistance to over 5,600 homeowners. Cavco is the third-largest U.S. builder of manufactured homes, with a 14% share of that market.
Cavco通过其45家零售店和27家生产工厂在美国48个州和加拿大拥有分销点,员工超过6,300人。在2022财年,该公司交付了超过16,700套住房,为购房者提供了超过1.41亿美元的融资,为超过63,600名房主提供了住房保险,并为超过5,600名房主提供了快速高效的索赔援助。Cavco是美国第三大人造住宅建筑商,占有14%的市场份额。
For more information on Cavco Industries, visit cavcoindustries.com.
欲了解更多有关Cavco Industries的信息,请访问CAVCOIndues.com。
Click to tweet: .@CavcoIndustries opens new manufacturing facility in the Tarheel State: Cavco Homes of North Carolina; #manufacturedhousing; #construction; #manufacturing; #Cavco; #jobs; #hiring; #employment. Learn more at
点击推特:。@CavcoIndustries在塔赫尔州开设新的制造工厂:北卡罗来纳州的Cavco住宅;#制造住房;#建筑;#制造;#Cavco;#工作;#招聘;#就业。了解更多信息
Media Contact
Wallace Campbell
Director, Communications
Cavco Industries, Inc.
602.283.9027
wallace.campbell@cavco.com
媒体联系人
华莱士·坎贝尔
董事,通讯
卡夫科工业公司
602.283.9027
邮箱:wallace.campbell@avco.com
About Cavco Industries, Inc.
Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers. We are one of the largest producers of manufactured and modular homes in the United States, based on reported wholesale shipments. Our products are marketed under a variety of brand names including Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood and MidCountry. We are also a leading producer of park model RVs, vacation cabins and factory-built commercial structures. Cavco's finance subsidiary, CountryPlace Mortgage, is an approved Fannie Mae and Freddie Mac seller/servicer and a Ginnie Mae mortgage-backed securities issuer that offers conforming mortgages, non-conforming mortgages and home-only loans to purchasers of factory-built homes. Our insurance subsidiary, Standard Casualty, provides property and casualty insurance to owners of manufactured homes. Additional information about Cavco can be found at
关于卡夫科工业公司
Cavco Industries,Inc.总部设在亚利桑那州凤凰城,设计和生产工厂建造的住房产品,主要通过独立和公司所有的零售商网络分销。根据报告的批发发货量,我们是美国最大的人造住宅和模块化住宅生产商之一。我们的产品以各种品牌销售,包括Cavco、Fleetwood、Palm Harbor、Nationwide、Fairmont、Friendship、Chariot Eagle、Destiny、Commodore、Colony、Pennwest、R-Anell、Manorwood和MidCountry。我们也是公园模型房车、度假小屋和工厂建造的商业建筑的领先生产商。Cavco的金融子公司CountryPlace Mortgage是经房利美和房地美批准的销售商/服务商,也是Ginnie Mae抵押贷款支持证券的发行商,向工厂建造住房的购买者提供符合条件的抵押贷款、不符合条件的抵押贷款和仅限住房的贷款。我们的保险子公司Standard Casualty为制造房屋的业主提供财产和意外伤害保险。有关Cavco的更多信息,请访问:
A photo accompanying this announcement is available at
这一公告附带的照片可在以下网址查阅
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