Thursday, September 13, 2012

Modular Home Factories Raising Prices

This week has seen 4 modular home factories sending out material and/or fuel surcharge increases to their builders.  Rising material costs are affecting every aspect of the building process and many modular home factories cannot absorb cost increases that shrink the life out of their bottom line.

One factory in the Mid-West and 2 factories on the East Coast sent out notices to their builders ranging from 87 cents to $1.33 a sq ft.  Another factory simply added an across the board 1.4% increase.

Look for ever factory to have price increases by the end of the year.

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