Fort Worth, TX, June 10, 2010 --(PR.com
)-- Legacy Housing, LTD, a national manufacturer of HUD-code affordable housing and specialty finance company today announced the celebration of 5 years in business. (http://www.legacyhousingltd.com) Since 2005, Legacy Housing, LTD has evolved from a start-up manufacturer, offering affordable quality built HUD-code manufactured homes, to a thriving national manufacturer offering a comprehensive product line, including over 85 floor plans, 2 product lines, retail financing, inventory financing, mobile home insurance, mobile home transport, and a consignment division. This vertical integration has set them apart from other manufacturers and lenders in the mobile home industry.
"What started out 5 years ago with a vision has steadily grown into a business far exceeding anyone's expectations," said Kenny Shipley, Legacy Housing's co-founder and President. "We are all very proud of this accomplishment and grateful to our customers, dealerships, and employees who helped get us here."
Legacy Housing, LTD was founded in June 2005 by a handful of Texas mobile home industry entrepreneurs: Kenny Shipley, Curtis Hodgson, Conley Bigham, and Ray McKay. Headquartered in Fort Worth, Texas, each founding member brought his own unique talent to the table: Kenny Shipley retail & consumer financing, Curtis Hodgson floor plan design & consumer marketing, Conley Bigham consignment & inventory financing, and Ray McKay manufacturing & dealer networking.
Legacy Housing initially offered 16 floor plan designs of affordable quality built HUD code manufactured homes to Texas, Oklahoma, and Louisiana and then quickly spread across the nation covering over 200 markets and 8 states. With this success, Legacy Housing developed a consignment division & inventory financing wing that has helped it become one of America's biggest independent financiers in the mobile home industry.
At the same time, Legacy Housing has nurtured relationships with hundreds of successful independent retailers, maintaining brand position in markets comparative to Berkshire Hathaway's (NYSE: BRK.A and NYSE: BRK.B) Clayton Homes and the Dallas based Palm Harbor Homes (NASDAQ:PHHM). As Legacy Housing matured along with the changing manufacturing climate, it evolved its scope and product offering to include selling to mobile home parks; production of oil field & FEMA code approved homes; and wholesale lending for mobile home foreclosures, REPOs, FEMA units, and dealership start-ups.
"Today Legacy Housing offers a comprehensive suite of products and services that can bring about a meaningful difference for any independent mobile home retailer in the United States," said Curtis Hodgson, Legacy Housing, LTD's co-founder and Vice President. "We pride ourselves on products & services that are reliable, efficient and competitively priced — all backed by world class service by some of the manufactured housing industry's brightest new minds. Our mission is to ensure everyone gets affordable, quality homes that their customers will be proud of for years to come."
Added Conley Bigham, Legacy Housing's Chief Financial Officer, "During our 5-year life span, our focus on customer service has never wavered. We understand that our dealers demand a quick response and innovative solutions. Because we offer multiple offerings by seasoned professionals, whether you are a consumer or a dealer, we have been able to deliver timely solutions again and again."
Continued Mr. Bigham, "By being in touch with our dealer base, we have also been able to anticipate their needs and grow with their business. That's one of the major reasons why we have been so successful. We very much look forward to the next 5 years."
About Legacy Housing, LTD
Founded in 2005, Legacy Housing is today a national manufacturer of quality, affordable custom built mobile homes and financing powerhouse. In the contiguous U.S., Legacy Housing has points of presence in over 200 cities and states including Texas, Louisiana, Oklahoma, Arkansas, Kansas, Missouri, New Mexico, and Mississippi, enabling those seeking affordable housing to find many options to chose from. Our services include, but are not limited to manufacturing & mobile home retail, retail financing, inventory financing & floorplanning, mobile home insurance, mobile home transport, and a consignment division which has increased revenues by over 1000% since inception. In addition, Legacy Housing, LTD is focused on providing its customers with superior support which is backed by a seasoned sales staff who understands the needs and issues of today's manufactured housing business, dealerships, and consumer buying habits. At Legacy Housing, we build with quality materials and deliver the highest value. It's our Legacy to our customers and drives our future. For more information, please visit www.legacyhousingltd.com.