Issue link: https://read.dmtmag.com/i/696291
JULY 2016 25 THE JOURNAL Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from aliated banks and thrifts. © Wells Fargo Bank, N.A. All rights reserved. WCS- wellsfargo.com/mhc Our experience and dedication to this unique industry have made us the financing leader nationwide for manufactured home communities for more than years. We'll work with you to help find the best solution for your financing needs. Contact us today. Balance sheet lending | Fannie Mae DUS® Lender Freddie Mac Program Plus® Seller/Servicer | CMBS lending Correspondent lending NOT FDIC-INSURED • NO BANK GUARANTEE • MAY LOSE VALUE Lew Grace • -- • lew.grace@wellsfargo.com | Tony Petosa • -- • tpetosa@wellsfargo.com There for you, now as in the past Manufactured home communities No. 16 on Get It Quick Page Champion Home Builders, Inc., a leader in the manufactured housing industry and one of the largest modular homebuilders in North America, is expanding its production capabilities with a new facility opening late summer in Benton, Ken- tucky.The move allows Champion to: • Better serve customers with a wider variety of cost-effective homes. • Increase capacity to meet growing demand. • Provide product to customers that the com- pany currently does not reach. • Offer greater convenience to customers. • Extend available designs and price points to both manufactured housing communities and pri- vate property owners in Kentucky, Tennessee, Illinois, Missouri and Arkansas. "Our new Benton facility isn't powered sim- ply by Champion's continued growth and expan- sion plans," said Champion CEO Keith Anderson. "It also feeds off of the increasing suc- cess our customers are having with the Dresden, Tennessee, product." Just as Champion's manufacturing process streamlines homebuilding, the Benton facility will help the 63-year-old com- pany realize greater efficacy in their sales model. The plant in Benton will focus solely on manufacturing; the company's Dresden site — which also includes production facilities — will handle business responsibilities (such as sales, service and accounting), as well as comprehen- sive employee training programs. "Though the distance between the two cities is just a little over 50 miles, they'll be as inextricably linked as next- door neighbors," said Champion Sales Manager Tandy Roberson. "It's all about efficiency, which we'd like to think is a Champion hall- mark." Another hallmark for the homebuilding company: a skilled workforce. While many of today's manufacturers face talent shortfalls, Champion feels it can buck that trend in Benton, where the company anticipates many strong can- didates for the 150 jobs its facility will inject into the local economy. "Our Tennessee location has shown us what we can expect from workers in the region: skill, dedication and an uncompromis- ing work ethic," said Champion General Manager Thomas Stoneburner. "Those men and women will help us deliver wonderfully designed, value- engineered homes that are as attractive as they are livable." Along with the deserved thank you to the people of both Benton and Dresden, Ander- son cited another group as making Champion's expansion possible. "We owe a great deal to our customers for their continued support," he said. "Thanks to our sales growth — spurred in no small part by our success in Tennessee — we're building a great future for our company, employ- ees and all those who can proudly say their home is a Champion." About Champion Home Builders Founded in 1953, Champion specializes in a wide variety of manufactured, modular and park model homes, as well as modular buildings for the multi-family, hospitality, senior and workforce housing sectors. Champion started as a single manufacturing facility in rural Michigan and grew to offer factory-built housing and other structures throughout the U.S., United Kingdom and west- ern Canada. The company operates 28 manufac- turing facilities throughout North America and Europe, and employs more than 4,200 people worldwide. For more information on Champion Home Builders, visit: www.ChampionHomes.com. Champion Home Builders, Inc. To Open New Kentucky Production Facility