Champion Homes Inc. recently hosted U.S. Department of Housing and Urban Development $(HUD)$ executives at their Leola, Pennsylvania manufacturing facility, spotlighting manufactured homes as a crucial solution to the U.S. housing shortage. HUD Assistant Deputy Secretary Joseph DeFelice and Principal Deputy Assistant Secretary Frank Cassidy toured the facility, gaining insights into Champion's efficient, factory-built home construction process. This visit, following HUD Secretary Scott Turner's tour of Champion homes in Orlando, underscores the growing support for offsite construction as a means to address affordable housing challenges. Champion Homes President and CEO Tim Larson highlighted the tour's significance in demonstrating the quality and efficiency of their manufacturing process.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.