The study report, labeled Global Integrated Pest Management (IPM) Market Report 2025, provides a clear understanding of the subject matter. The report has been gathered using principal and subordinate research methodologies. Both these methods are directed towards cooperating accurate and meticulous data concerning the market dynamics, historical events, and the current market landscape. By using the recent research data, experts could comprehend the idea of the Global Integrated Pest Management (IPM) Market development. This industry report investigates the market estimates and figures for all the given sections on global and also regional levels displayed in the research scope.

Top LeadingCompaniesof Global Integrated Pest Management (IPM) Market are:

Advanced Integrated Pest Management

IPM Pest Control

SGS SA

MB Integrated Pest Control

Bayer CropScience

Ecolab

IPM Technologies

Integrated Pest Management Solution (IPMS)

AgBiTech

AgriSense-BCS Ltd

AgrichemBio

Laboratorio Agrochem

ATGC Biotech

Atlas Agro

Hercon Environmental Corporation

Russell IPM

SemiosBIO Technologies

Shin-Etsu

Sumi Agro France

Syngenta Bioline

Trc

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The leading players of Integrated Pest Management (IPM) industry, their market share, product portfolio, company profiles are covered in this report. The leading market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among Integrated Pest Management (IPM) players will help the industry aspirants in planning their strategies. The statistics offered in this report will be precise and useful guide to shape the business growth.

Integrated Pest Management (IPM) Market Segmentation:

This report segments the global Integrated Pest Management (IPM) market on the basis ofTypesare:

Biological Control

Chemical Control

Employer Cultural Controls

Mechanical and Physical Controls

Other Control Method

On the basis ofApplication, the Global Integrated Pest Management (IPM) market is segmented into:Agriculture

Commercial buildings

Industrial

Residential

Others

Regional Analysis for Integrated Pest Management (IPM) Market:

For comprehensive understanding of market dynamics, the global Integrated Pest Management (IPM) market is analyzed across key geographies namelyNorth America, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

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-Comprehensive assessment of all opportunities and risk in the Integrated Pest Management (IPM) market

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-Detailed study of business strategies for growth of the Integrated Pest Management (IPM) market-leading players.

-Conclusive study about the growth plot of Integrated Pest Management (IPM) market for forthcoming years.

-In-depth understanding of Integrated Pest Management (IPM) market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Integrated Pest Management (IPM) market.

What our report offers:

Integrated Pest Management (IPM) Market share assessments for the regional and country level segments

Integrated Pest Management (IPM) Market share analysis of the top industry players

Strategic recommendations for the new entrants

Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets

Integrated Pest Management (IPM) Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

Strategic recommendations in key business segments based on the market estimations

Competitive landscaping mapping the key common trends

Company profiling with detailed strategies, financials, and recent developments

Supply chain trends mapping the latest technological advancements

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Excerpt from:
Integrated Pest Management (IPM) Market Status and Prospect 2019 to 2025 - Daily Research Reporting

Suzanne Greenlaw doesnt like chainsaws. She moves quickly through the chest-high ostrich ferns, frilly leaves heavy with rain, as the orange saw sputters and then chokes. She gets all freaked out, says Gabriel Frey, laughing as he yanks the starting cord again with one heavily muscled arm, the saw whirring to life. Putting the bar to a trunk of shaggy, gray-tinged bark, he begins to cut, the grinding sound of the saw echoing through the damp, green-lit stand.

The felled tree is one of three that Frey and Greenlaw carefully picked out of the woods on the cool, damp July day in far northern Maine. Plenty of logs are hauled out of the forest there, in Aroostook County, which is home to a chunk of the North Maine Woods, a 3.5 million-acre expanse of commercial timberland. But Frey and Greenlaw, and the stand of gray-barked trees, are part of a tradition thats far older than any timber camp or lumber mill. The trees are Fraxinus nigra, commonly known as black ash or brown ash, which have forever been at the hearts of the lives of Maines indigenous tribes.

Greenlaw, a Maliseet forestry scientist working on her PhD at the University of Maine, is at the forefront of the effort to protect the states brown ash. The trees are at risk of being wiped out by the emerald ash borer, an invasive species that has been killing ash trees in North America for the better part of 20 years. With the help of Frey, a renowned Passamaquoddy basket maker, as well as the broader Wabanaki basket-making community, the married couple is fighting to preserve the rich tradition the tree supports.

First pounded with the back of an axe into splints, then carefully shaved and cut into strips, brown ash provides the primary material used to weave baskets among the Wabanaki tribes that live across land that is today Maine and Canadas Maritime provinces. From the utilitarian backpack-like basket made of plain-woven ash to more complexly woven and decorated fancy baskets, theres an extensive tradition of basketry shared by the five Wabanaki tribes (four of which are federally recognized in Maine: Micmac, Maliseet, Passamaquoddy, and Penobscot). The importance of these baskets throughout the tribes histories makes the tree what Darren Ranco calls a cultural keystone species. Its very central to the culture, says Ranco, a professor of anthropology at the University of Maine and a member of the Penobscot Indian Nation.

Wabanaki origin stories tell of the mythic hero Glooscap shooting an arrow into a brown ash tree, and the Wabanaki people pouring out into the world from the hole in the trunk. More recently, after Wabanaki tribes were forced off their land under European colonization, basketmaking was a means of both economic independence and resistance to assimilation. Until around the 1960s, the potato farming and fishing industries had an extensive need for baskets used in both harvesting and processing, and fancy baskets were sold to wealthy summer tourists in places like Bar Harbor and Kennebunk. At the beginning of the 20th century, there was a full-time basket maker in nearly every Penobscot and Passamaquoddy household, and the craft was passed down through families, helping to maintain both native languages and familial structures. As Ranco says, there arent that many species that have all of these impacts on the culture.

Its a tradition, however, that will soon be forever changed and quite possibly erased altogether as the invasive ash borer arrives in Maine, continuing its destructive spread across thirty states in the Midwest and Northeast, as well as adjoining parts of southern Canada.

Native to northern Asia and eastern Russia, the diminutive, jewel-like borer was first documented in Michigan in 2002, and likely arrived some years earlier after hitching a ride on wooden shipping material. The beetles lay their eggs on the bark of ash trees where, after hatching, larvae will bore their way into the trunk, chewing looping tunnels through the wood before digging out chambers where they will mature into their adult form. Then, adult borers will chew their way back out of the trunk, leaving the host tree threaded with damaging channels. Forest Service research conducted in the Midwest has found that a borer infestation can effectively wipe out an otherwise healthy stand of ash in as little as six years. The borer has already killed tens of millions of ash trees across a swath of the United States and southern Canada, and threatens to destroy as many as 9 billion as it continues to spread far more than the 4 billion American chestnut trees that were decimated by blight in the early 20th century, significantly remaking the ecology of Eastern forests.

Earlier this year, ash borers were found near Madawaska, Maine, less than 100 miles away from the stand where Frey harvested trees.

Despite its outsized cultural significance for Wabanaki tribes, brown ash is not a common tree in Maine, and does not have the same economic value in the timber industry as white ash, which is used in manufacturing baseball bats, axe hafts and other tool handles, flooring and cabinetry, and as firewood. Ash species comprise about 5 percent of Maines hardwood forest overall, and 2 percent or less are brown ash; only about a fifth of those trees are fit for making baskets. With the forest cover in Maine now returned to pre-settlement levels (at 90 percent woods, it is the most forested state in the country) the prospect of finding brown ash among all of the oaks, maples, birches, spruces, cedars, pines, and other trees can be a challenge. But if there is going to be any kind of concerted effort to protect culturally and economically important stands of brown ash, the locations of those trees need to be known in the first place. Greenlaw is developing a tool that will help forestry managers do just that.

As she walks through the ferns alongside the river, dressed in a light, navy blue rain jacket and heavy rubber boots, Greenlaw explains how this stand of brown ash and others like it inform the geographic information systems (GIS) map she is developing. I did a study looking at four locations and did a bunch of measurements: vegetation, canopy, soil, and whatever, she says, in order to try to define in Western-science terms the habitat that results in basket-quality ash. She found that only one factor, soil type, was statistically significant. Brown ash often grows in swamps, but those trees tend to yield wood that is unsuitable for weaving. The well-drained soils of a floodplain are more likely to result in trees that are good for basketry: straight, supple, and relatively free of knots. A fact that, while confirmed by Greenlaws research, was already well-understood by ash harvesters and weavers. Thats why she incorporates a lot more data than just soil type into the tool shes building. I dont use only what is statistically significant in my model. I dont think thats appropriate, Greenlaw says.

It really involves combining Western forestry science with indigenous forestry science. Its not just looking for the tallest tree or finding the most trees in a particular location, says Ranco, who sits on Greenlaws dissertation committee and is part of the Ash Task Force, a group comprised of natural resource managers, basket makers, and forestry scientists working to combat the borer. When we say basket-quality ash that means a very particular thing for the basketmaking community, Ranco says. In addition to the tree itself being relatively straight, the fibers in each growth ring generally need to be smooth and straight in order to yield strips suitable for weaving.

Greenlaw takes a lot of different factors into account as she works to develop a Western-science understanding of where such ash trees grow. Its well understood among ash harvesters that a tree will be brittle if it grows too close to cedar, for example, so she has a layer on her GIS map for hardwood companion species, allowing her to avoid that association on a landscape scale. Layered over Landsat satellite images of hardwood and mixed hardwood forests across Maine, Greenlaw can locate places where these various determining factors soil type, distance to a river, stand age, and flow accumulation (the way water runs downhill) all overlap, pointing to possible locations of basket-quality trees. The tool, which is still being refined, is becoming increasingly effective, but it only helps point the user toward ideal ash habitat, not actual ash. Once, Greenlaw trudged into the woods in search of a new ash stand, and found nothing but red maple.

Its a trial-and-error process in part because thats the nature of research, but also because there isnt much in the scientific literature to build upon. Theres not a whole lot of research for native cultural materials. We have to begin from the beginning, Greenlaw says. Its not like they can go to the Forest Service and say, Can you give me a tool for this sort of cultural knowledge?

There arent any known areas of brown ash on Penobscot land like the stand Greenlaw and Frey visited, at least not according to Russ Roy, the forest manager for the Penobscot Nation. If youre standing there and can see ten good stems, thats a pretty nice spot, he says. Currently, the tribes foresters come across brown ash mostly by chance. We find them when were flagging out a stop line for a harvest of other timber, he says, and well make a note of them. But with 100,000 acres in the tribes trust land, hed like to be more targeted when looking for ash. What soils are we looking at, topography, riparian zones, Roy asks, where should we be looking besides where we are already seeing it?

Knowing where existing stands are located is still guarded within the basketmaking community. Harvesters are protective of ash stands, and there are concerns within the basketmaking community that Greenlaws mapping efforts will make public the closely held locations of trees upon which they rely. Because of those sensitivities, she requests that The Verge not name the river, give specific details about the location of the ash stand, or show the detailed maps that shes working on.

Greenlaw hopes that her tool will narrow the search for brown ash stands for people within the community. The hope is that the tool will help the Penobscot and other tribal forestry departments continue ongoing efforts to bank seeds from basket-quality trees, as well as build an inventory of ash stands so that more direct interventions can be implemented if and when the borers arrive. With more than 300,000 acres of tribal land within Maine, there could very well be brown ash stands out there that are unknown both to harvesters and natural-resource managers. Greenlaw wants the tribes as well as private forestry companies, land trusts, and managers of federal lands like the Katahdin Woods and Waters National Monument to know where they have brown ash so they can make informed decisions when the time comes.

Going back to 2002, the primary means of attempting to control the borers spread has been selective harvesting: dense stands of ash are thinned out with the hopes that the borer will not spread between the more isolated trees. That has not proven to be the case. Individual ash can also be girdled to make a so-called trap tree: the bark is removed all the way around the trunk, drawing borers in the vicinity with the promise of exposed sapwood. The tree is then cut and burned while the borers are overwintering inside.

Other control options include introducing a species of parasitic wasps that is native to the ash borers historic range, which could have unintended consequences. Another option is the targeted use of insecticide in high-value trees or stands.

If you found an area that had good quality brown ash, would it make sense to inject it [with insecticide] to keep those trees going? I dont think anyone has come to a definitive answer to that, Roy says. Its a potential option. I dont know if weve gotten to the point where we can say its the option.

When the emerald ash borer was found in far northern Maine, it came as a surprise. The bug needs a clear line of ash trees to move from point A to point B, and it was expected that the borer would first move into southern Maine (where it has now also been documented), which borders already infested portions of New Hampshire. Despite laws against bringing firewood from out of state, and various public education campaigns focused on not moving firewood great distances within Maines borders, its suspected that a cord of ash driven up to camp from some infested area in the south brought the bug to Aroostook County. Quarantines are now in place in both northern and southern Maine to try to slow the ash borers spread, but the insect was recently documented in Portland as well. Its only a matter of time before it spreads throughout the state. With the inevitability of emerald ash borers, some in the basketmaking community are more focused on how to prepare for a future without brown ash.

I harvest twice what I am going to use, says Jeremy Frey, Gabriels brother, who was the first basket maker to ever win best in show at the renowned Santa Fe Indian Market. I do that because I know that we cant stop them. Jeremy believes that brown ash will be gone in 15 years, and he hopes that hell have stockpiled as much as a decades worth of material by then.

Its thousands of years of native technology gone gone, Jeremy says of the threat. The prospect of losing everything that brown ash represents makes him upset and depressed, even if he knows that as an individual artist, he will continue to make his work with one material or another.

A recent exhibition at the Abbe Museum in Bar Harbor, Maine, which specializes in Wabanaki art, highlighted both ash conservation efforts and alternative materials basket makers are exploring. The show, which Ranco helped curate, featured baskets made with felted wool, silk, newspaper, and plastic.

Jeremy showed work at a Santa Fe gallery during the Indian Market this summer, where he sold a piece made half with ash and half with birch bark a style, he says, thats designed to introduce his collectors to a new material that will invariably feature more heavily in his work. By the time the ash is gone, he says, Ill have two lines: one with ash, and one without.

The woods alongside the river in Aroostook County are punctuated with the slowly decomposing tops of felled trees that were previously harvested for basketmaking. Above roughly the eight-foot mark, where the trunk of an immature brown ash opens into the crown, the wood is too knotty to use for basketmaking. Its the kind of ingrained practice that looks odd, if not wasteful, to outsiders, but is part of the indigenous knowledge base that has helped maintain the stand for generations.

Youll see them all through here. Youll see like mature ash, younger ash, Gabriel says, pointing out trees of varied thickness. Im checking this one, he says, notching a promising-looking trunk with two sharp hits of a hatchet, the small wedge of wood revealing the growth rings inside. The bone-white strips that Gabriel uses to make his refined, leather-accented pack baskets each represent a years worth of growth. My history with this stand is that it has really thick rings, generally, he says, pointing out the width with the hatchets edge.

Gabriels baskets which his grandfather, a carpenter, taught him to make have begun to earn a similar degree of recognition to Jeremys. This year, he was picked as a United States Artist fellow in traditional arts, which comes with a $50,000 award, and he also earned a second-place ribbon in the basketry category at Santa Fe. Although he still has a day job working as a massage therapist, his career as an artist is ascending, even as the ash borer looms.

He sees himself as a carrier of culture, making his grandfathers baskets, Jeremy says of his brothers work. He does add a contemporary feel to it, but the base skeleton to it is our family tradition that goes back thousands of years.

Watching him inspect, notch, and fell the trees, which he then carries out of the woods and up a steep, muddy embankment on his shoulder, its easy to understand why, for Gabriel, basketmaking and brown ash are inseparable. The baskets arent just a reflection of the brown ash and its unique properties, but of the places where it grows, and the culture that has both developed from brown ash and is determined to protect it. Frey feels he cannot weave without them.

Greenlaw recently won a $10,000 grant from the Forest Service (with cost-sharing through the Bureau of Indian Affairs) to run her model on tribal land across Maine. In doing so, she will be working with natural resource managers from the tribes, the basketmaking and harvester communities (not all basket makers cut and process their own ash like the Frey brothers do), as well as Wabanaki high school students.

First, Greenlaw will run her model, and check what it finds against the expertise of those in the community who know where ash is harvested. After cross-referencing the scientific data with the indigenous knowledge and getting the best sense of where basket-quality trees may be found, it will be time to go into the woods to inventory trees with the help of the native students.

Then, when the time comes, it will be up to the tribes to decide how to protect the trees. They will be able to make informed decisions when supplied with a better understanding of how much basket-quality ash they have, as well as resources like a field manual for ash inventory and protection developed by Tyler Everett, a masters degree candidate at University of Maine.

If foresters say, We dont have a whole lot of brown ash, I dont put a lot of stock in that because they arent in areas where brown ash grows, Greenlaw says. High-value timber species are generally found in upland habitats, away from the floodplains and moving water where basket trees thrive. Basket makers, Greenlaw says, dont use a whole lot of materials to get what we need. Its not like we clear out a whole stand. Once you know where a good stand is, you can cut it one year and then come back in a few years and cut again. Its not one and done.

Every ash tree in Maine cannot be saved from the borer. Instead, Greenlaw is trying to give basket trees a fighting chance to survive so that basket makers can continue to come back to places like the banks of the river we visited and cut again.

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How the Emerald Ash Borer is threatening a Native-American tradition - The Verge

Industry Overview Of Solar Control Film Market

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Find out What Will Be the Growth of Global Solar Control Film Market and What Will Be the CAGR Value In Future? Key players- Eastman, 3M, Saint...

A 73-year-old woman was pronounced dead Friday night after the clothing she was wearing caught fire inside her home just north of Bath, Northampton County Coroner Zachary Lysek said.

The victim is identified as Elizabeth Grube, the only occupant of and the only person home at the time of the incident at 140 Robin Ave. in Moore Township, according to Lysek.

The incident was reported about 6:45 p.m. Grube was pronounced dead at the scene inside the Scotty's Manufactured Homes park for ages 55 and older.

An autopsy is scheduled Sunday to try to determine the cause and manner of death, but a determination will likely be subject to further testing, Lysek said.

The fire did not extend into the home, and officials were continuing to investigate how it started, Lysek said.

The Klecknersville Rangers Volunteer Fire Co. and Moore Township police also responded.

Further information on the investigation was not immediately available.

Kurt Bresswein may be reached at kbresswein@lehighvalleylive.com. Follow him on Twitter @KurtBresswein and Facebook. Find lehighvalleylive.com on Facebook.

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Woman pronounced dead after clothing catches fire inside her home - lehighvalleylive.com

Introduction

Skyline-Champion (SKY) is the second-largest manufactured home company in the US (the largest is Berkshire Hathaway's (BRK.A) Clayton), so I was surprised to find sparse coverage on SeekingAlpha, with the most recent article published nearly two years ago in January 2018.

Since then, Skyline merged with Champion to form Skyline-Champion and a chronic labor shortage in the construction industry is beginning to create longterm favorable tailwinds for off-site construction companies such as Skyline. As I build out an investment thesis for playing the growing housing and labor shortage, it seems appropriate to initiate coverage of the newly-minted Skyline-Champion on SeekingAlpha.

Skyline-Champion was formed by the merger between Skyline and Champion in June 2018 to create the second-largest US manufactured home company with 17% share of the market, according to the most recent investor deck (see slide pasted below). For reference, the largest is Clayton Homes with 47% (owned by Berkshire Hathaway), and the third is Cavco (CVCO) with 13%.

Slide from 20Q2 Investor Presentation

Skyline's business is organized into three reporting segments: "manufacturing and retail", "commercial", and "transportation". The manufacturing and retail segment is by far the largest, representing 93% of revenue. Manufacturing and retail is primarily HUD code manufactured homes. Transportation (i.e. shipping / logistics of manufactured homes) makes up 6%, and commercial (i.e. multi-tenant wood frame buildings such as hotels) makes up the remaining 1%. The product mix can be seen visually in the slide below taken from Skyline's most recent investor presentation. The mix of products cover a range of price points, but in general are well below the median US new-build price of $101/sqft. This positions Skyline to grow with the increasing unmet demand for more affordable housing.

Reporting Segments from FY19 10K

Slide from 20Q2 Investor Presentation

A snapshot of Skyline Champion's earnings breakdown (quarterly revenue, gross profit, EBITDA, Net Income, and FCF) is shown below to provide a quick visualization of growth and margins. For the most recent quarter, Skyline brought in $354M revenue and $31.4M EBITDA, corresponding to an EBITDA margin of 8.85%. Free cash flow was $20.5M. The balance sheet overall looks healthy with a 0.099 debt to equity ratio and $139M in working capital. Looking forward, analysts are estimating $1.54 EPS for FY2021 and $1.31 for FY2020, which represents 26% and 18% year over year growth respectively. This growth is expected to be driven partly by top line growth and partly through margin expansion. On the most recent conference call, CEO Mark Yost estimated that EBITDA margins can grow to 10% over the next 18 months.

Data by YChartsData by YCharts

Earnings Breakdown and Balance Sheet Breakdown.

The stock price is currently $31.45 following a tremendous 114% rally year-to-date. This gives a P/E ratio of 24 based on FY2020 earnings and 20 based on FY2021 earnings. These valuations are very high, especially considering that the manufactured home market is only expected to grow at a 6% CAGR over the next year and much of the earnings growth will be due to margin expansion resulting from cost synergies.

Despite the high valuation, there are some growth opportunities that could represent a substantial upside to current earnings estimates. These growth opportunities stem from the fact that an ongoing labor shortage in the construction industry is constraining the housing supply and driving up home prices. This creates a significant opportunity for Skyline Champion to leverage its existing national network of factories and distribution to meet some of this unmet demand. Factory-built housing is more insulated from the effects of national labor shortages because the factories are typically located in communities with ample labor, whereas on-site construction is at the mercy of the local labor dynamics near the job-site location. For example, factory labor in a rural setting costs $15-$20/hr vs. potential $50-$100/hr in more urban settings.

Light commercial (3-5 story apartment buildings or hotels) developers are beginning to adopt modular construction, which is an early proof point that the traditional industry is ready to transition toward factory-built buildings. The benefits for commercial construction are the aforementioned cost savings on labor but also shorter construction times which reduces carrying costs associated with the land / job-site and accelerates property revenue. Skyline-Champion has a small commercial segment (1% of revenue) that focuses on this type of construction. Most famously, Marriott has been strategically pushing the use of modular construction for its hotels with Skyline-Champion one of their preferred vendors. Despite the potential to scale this commercial business, Skyline-Champion has not put a lot of emphasis on this segment during recent conference calls, suggesting that this will not be a strategic growth area for the company.

It appears that Skyline-Champion is more focused on expanding into the single family home market, as it is starting to target builder-developers as a customer segment. This strategic effort is being conducted in earnest through Skyline's Genesis brand line of products scheduled to launch in early 2020. This product line is intended to be an off-site construction solution for builder-developers looking to target the gap between traditional site-built single family homes and traditional HUD homes. Single family home starts are approximately 10x higher vs. manufactured homes, creating a potentially huge new market for Skyline-Champion. If Skyline-Champion captured just 1% of the single family market (which is roughly equivalent to 10% of the manufactured home market), that would grow Skyline-Champion's top line by almost 60% (Skyline-Champion currently has 17% share of the manufactured home market). Single family homes also sell for a higher price per square foot creating further upside.

Finally, Skyline-Champion is experimenting with automation, which if successful could increase factory capacity and margins. This could also help insulate Skyline-Champion from the effects of the industry labor shortage by directly reducing Skyline's reliance on manual labor and also expanding the potential labor pool by reducing the physical strength required to work in the factory. It is hard to quantify the potential impact of automation as the technology is relatively new in the context of construction, especially for US manufactured homes. To this end, Skyline has deployed automation only at a single factory: it's new Leesville factory. From the most recent conference call, management views the deployment of automation at Leesville as an experiment, presumably which if successful would then be scaled to more of Skyline's legacy factories. Investors have relatively little data by which to judge this experiment other than recent conference call comments from Mark Yost saying that the "learning's gone phenomenally well" and that the "takeaways from that had been monumental and [Mark is] very impressed".

Skyline-Champion's stock is currently quite expensive based on earnings estimates (P/E of 24 based on FY2020, P/E of 20 based on FY2021) especially given that the manufactured home industry is only anticipated to grow at 6% year over year. This high valuation likely indicates that investors believe that some of Skyline's growth experiments will pay off--most notably entering the single family home market through its new Genesis product line aimed at single family home builder-developers. Other experiments that could result in new growth are Skyline's experimentation with automation and Skyline's experience with commercial modular construction. Ultimately as many of these experiments are in early stages I would recommend a wait and see approach, closely monitoring Skyline-Champion for positive developments on any of the above growth experiments.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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Potentially Transformative: Skyline-Champion Experimenting With Off-Site Construction And Automation - Seeking Alpha

The Housing News Podcast is a weekly wrap of the top news stories by HousingWire CEO Clayton Collins.

Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines, sponsored by our partners atArch MI.

This week, David Battany, the executive vice president of capital markets at Guild Mortgage, discuss the housing markets lack of significant inventory as well as the nations budding market for manufactured homes. Additionally, Battany explains what the industry needs to do to get more first-time homebuyers into homes.

Heres more detail on the topics of discussion this week:

This months Housing Market Index indicates homebuilder confidence fell 1 point to 70 points, according to theNational Association of Home BuildersandWells Fargo. Despite Novembers decline, the index shows the reading marks the second-highest level in 2019. That being said, Robert Dietz, the organizations chief economist, claims affordability woes continue to weaken potential growth.

As a lack of housing supply continues to be a top industry concern, many companies are looking for a solution to combat construction challenges. Guild Mortgage, which recently began leveraging Fannie Maes MH Advantage program, claims manufactured housing, or specially designated MH homes are the solution.

Home prices are rising with no signs of slowing, and affordability is getting worse each month, causing potential homebuyers to turn to family or even friends to come up with a down payment. The National Association of Realtors revealed that more than 30% of first-time homebuyers used down payment help from family and friends.

And here are links to the topics discussed:

1) U.S. homebuilder confidence weakens in Novemberhttps://www.housingwire.com/articles/u-s-homebuilder-confidence-weakens-in-november/

2)Guild Mortgage Announces MH Advantage, New Mortgage Program for Manufactured Homeshttps://www.guildmortgage.com/press-release/guild-mortgage-announces-mh-advantage-new-mortgage-program-manufactured-homes/

3) More first-time homebuyers enlisting help from family, friendshttps://www.housingwire.com/articles/more-first-time-homebuyers-enlisting-help-from-family-friends/

More here:

Housing News Podcast: Guild Mortgage's David Battany takes on the nation's homebuilding woes - HousingWire

Things are looking good in the Donovan Smith manufactured home community outside Lewes both literally and figuratively.

Residents were notified in October that planned lot rent increases had been halted after a Superior Court decision upheld an earlier arbitrators decision. This comes on the heels of improving resident-management relations, with both groups working together to improve the community.

Its unbelievable whats happening here, said resident Clara McNichol, who stepped down as president of the homeowners association in June to become the park manager, working for landowner KDM Development Corporation.

Requires a landowner to meet certain requirements before increasing rent. In the year before the increase, the landowner must not have been found in violation of any provision that threatens the health and safety of residents for more than 15 days after notification. The proposed rent increase must be directly related to operating, maintaining or improving the community, and the rent increase must be justified by one of eight factors: capital improvements, changes in taxes, changes in utilities, changes in insurance costs and financing, changes in operating and maintenance expenses, repairs other than ordinary wear and tear, market rent or rental assistance.

In the months since, shes worked with KDM to improve the park by removing abandoned and dilapidated homes, clearing nuisance trees and stumps, and beautifying the neighborhood.

More than a dozen rundown homes have been or will be removed. KDM has agreed to bring in new homes when the lots are ready.

I have a list of people who want homes, McNichol said. People are so excited about coming here.

Donovan Smith opened as a family campground in 1965, and sold to KDM in 1997.

Donovan Smith has a large seasonal population, but the number of full-time residents is increasing, said HOA Interim President Phil Young.

Were optimistic that with the demolition of 13 or more abandoned properties and the placement of new homes, our community will finally start to look better, he said.

Young has been a resident of the park since 2004. An HOA was formed a few years ago when residents frustrations with management began to boil over.

Rents on lots continued to increase, and citizen complaints were largely ignored, he said. Properties were outright abandoned by residents who were on fixed incomes who couldnt afford rising rents or to make repairs.

The landowner raised lot rents $30 per month in 2017. Residents fought the hike, but ultimately lost in a case in Delaware Supreme Court.

The landowner came back in 2018 with another rent increase. This time $60 per month. Residents again fought it. This time, they were successful.

In April 2018, an arbitrator said the owner had not met requirements to increase the rent. The decision was appealed by the landowner to Superior Court.

The matter was then stayed for more than a year while Judge Craig Karsnitz waited for Delaware Supreme Court to rule on two related cases, including Donovan Smiths 2017 case.

In the 2018 case, the arbitrator found the landowner did not prove the rent increase was directly related to operating, maintaining or improving the community. He also found the landowner did not prove market rent for justification of the increase.

By waiting for the decision from Delaware Supreme Court, Karsnitz determined the arbitrator erred on whether the rent increase was directly related to community expenses. Despite that, Karsnitz found, the arbitrator correctly judged that the landowner did not prove market rent to justify the increase.

With the legal proceedings behind them, McNichol said shes focused on adding new residents to the park while keeping the existing residents happy.

The more people we have, the more homes we have, the less we have to worry about a big rent increase again, she said.

A new rent structure has been introduced, she said, which keeps existing residents at the same rent while new residents pay a little more.

In the near future, Donovan Smith residents hope to connect to the Lewes Board of Public Works for water and sewer. Donovan Smiths septic systems are failing, McNichol said, and the community is willing to be annexed into Lewes to receive the citys services.

See original here:

Donovan Smith residents win fight to stop rent increase - CapeGazette.com

GRAND RAPIDS, Mich.

As we head into the week of Thanksgiving, were reflecting on the work of local organizations, that are changing peoples lives in the community.

In 2018, Mel Trotter Ministries helped nearly 500 men, women and kids secure housing, and nearly 200 people find jobs.

Charlene Donaldson, a hostess at Applebees, is one of the people who have benefited from Mel Trotters programs.

She treats each guest, you know every employee, like theyre family, said Lesley Morey, the Applebees general manager. I mean she's walked out of the store to give a customer a hug because she didnt say goodbye to them.

To Charlene, its much more than just a job. Its how she got her life back.

I've been on drugs on and off for 30 years, I've been through 10 treatment centers, Charlene said. I was on alcohol, smoking marijuana, smoking crack.

Shes from Michigan, but up until five years ago, she lived in Mississippi.

I was buying a house and everything and drugs got in the way, Charlene said. So I stopped working, couldn't pay the bills. And there was domestic violence in Mississippi, so I came back.

The bills didn't get any easier to pay, so she would stay with her daughters.

One day they told me that my granddaughter was pregnant," Charlene said. I took a look at myself, I'm like wow, if I'm gonna be a great grandmother I can't keep doing this to myself, because I was living a double life.

When she was ready, she turned to Mel Trotter's Step-Up recovery program.

That's a 90-day program, Charlene said. You can go to the next program which is job readiness.

Mel Trotter helped her create a resume, which was something she never had before.

Part of our job training program in partnership with the businesses around the community is to help individuals develop those soft skills that they need, to not only get a job, but to keep a job, said Dennis Van Kampen, the CEO of Mel Trotter.

Eighty-two percent of people who exit Mel Trotter's programs successfully still have housing a year later.

I knew that she'd had a tough life, you know that she'd struggled with addiction of some type, for most of her adulthood, which, that's a tough thing to kick, Morey said.

But Charlene graduated from Mel Trotter's program, and shes been two years sober since October.

This was my first stop, coming out the treatment center, Charlene said. I came here, and Mr. Les (Morey) hired me on the spot.

According to Morey, once he saw her interacting with people, he knew she'd be a great addition to the restaurant.

That kind of opened my eyes to see well, she's not the only one that's like this. A lot of other people could use a second chance, Morey said.

She's now able to have her family, consisting of four kids, 14 grandkids and two great-grandkids, stay at her very own apartment.

If we provide people with income, if we help them find housing, and if we build relationships, there is no reason why Grand Rapids couldn't solve homelessness, Van Kampen said.

The majority of Mel Trotters yearly funding comes in these last two months. Ninety percent of its money comes from individuals.

If you would like to learn more about the programs offered, make a donation, or see how you can help, head to Mel Trotters website.

Maria Lowery spends her days taking care of her 3-year-old son, Hezekiah, and 1-year-old daughter, Niamaia. Her daughter, specifically, has been a fighter from the beginning.

"She was 3 pounds, 9 ounces when we left the hospital," Maria said. "She has down syndrome, and with that came a lot of health complications, some lung conditions, a heart condition.

Every day, Niamaia is hooked up to an oxygen machine for treatments and takes a series of medications.

"This one is for her digestive issues, this one is for her lung issues," Maria said, as she dug through a basket of medicine. "She's also has some severe anemia, so she's on an iron supplement.

Niamaia is also completely tube-fed through a port on her stomach, which became necessary after discovering her silent aspiration condition.

"She gets five feedings a day out of this, and it goes for about an hour," Maria said. "So she's hooked up to that for five hours out of her day."

Maria cleans the tube twice a day and redoes all the bandages. Collectively, she spends about 10 hours a day caring for her daughter. Thankfully, Niamaia shares her mom's resilience.

It's a lot to deal with all day, but you know I'm just grateful that it's not worse because this time last year it was really, really bad," Maria said. "On the 1st of December is when our battle with homelessness started.

Maria Lowery was an insurance agent in Southern California, and after her grandma died, she decided to move back to Michigan with her son. Although she was closer to other family members, she didnt get the stability she was seeking.

I had a job interview two days after I got here for another insurance agency, but I was heavily pregnant," Maria said. "I ended up not being able to get that job, and I applied at everything in between.

She and her son were staying with a friend, and one thing happened after another.

"We actually got the eviction notice on the first of November, but our thought process was, we still have a month before the baby gets here, Maria said.

A week later, she went to a doctor's appointment and found out Niamaia had stopped growing. She needed to give birth that day.

After they were released from the hospital, there wasn't much time before they were forced out of the apartment, without another place to go.

My mom actually paid for us to stay at the Motel 6 down by the airport, and we were there for three weeks, and then my mom ran out of money," Maria said. "Then my uncle paid for us to stay at another hotel, called the Knights Inn.

Meanwhile, Niamaia was in and out of the hospital.

Everything emerged, once we became homeless," Maria said. "I found out about this silent aspiration week one, I found out about her lung conditions week three. I found out about how severe the damage to her lungs was, she has chronic lung disease, and she's had it since she was five weeks old. Her heart caused a lot of that damage."

A social worker at Helen DeVos Children's Hospital reached out to The Salvation Army, which paid for them to stay in a Hawthorn Suites hotel for a few days. Then Maria began receiving help from Family Promise of Grand Rapids and it's Pathway Home Initiative.

Families have their own private room, Mel Trotter gets to provide some of those ancillary services, they are dental and medical, they provide food," said Kate O'Keefe, the director of development and community engagement at Family Promise. "Then Family Promise provides that case management.

From Mel Trotter, Maria and her two kids went to The Deborah House, which is a safe haven for single or pregnant moms. Then, Maria got into Family Promise's Partners in Housing program.

My mom was dealing with homelessness in a different way, she was actually staying with a relative," Maria said. "So, we partnered together.

As part of the program, Family Promise buys and restores manufactured homes for $10,000 to provide affordable places for families to live.

Not only does the Lowery family get to call it home, but it will soon be theirs.

We then get a family into that home, and that family only has to pay the lot rent,"O'Keefe said. "They walk through our programming, and after nine months that family gets the title to the home.

In addition to the massive weight off her shoulders, Maria said pulling into her own driveway makes her heart full. And it means even more, for her kids.

My son loves it, and I'm very grateful for how old he is, that he didn't necessarily understand what we went through last year," Maria said, with tears filling her eyes. "He didn't understand what we went through. And my daughter, she has no idea, because she's so small.

For a family who's grown accustomed to fighting, this victory will lead to more.

I promised myself that at the beginning of the year, we will not spend another birthday, another holiday, the way we spent the one's last year, Maria said.

When it comes to Niamaia, she is on the road to recovery, eventually allowing her to go to daycare, so Maria can continue her education and return to work.

She's doing really, really well," Maria said. "She's starting to stand and trying to crawl, and she's just the light of my life right now."

Family Promise helps almost 1,000 people in Kent County each year, and 90% of its families find a new home. The organization has supported around 4,000 kids.

The organization also relies heavily on private donations, and this is a critical time of year for those donations. If you'd like to help or learn more about its programs, head to Family Promise's website.

Taking a closer look at the issue as a whole, homelessness is increasing in West Michigan.

According to the Coalition to End Homelessness, nearly 8,500 people in Kent County were homelessness at some point in 2018. Thats up around 1,400 since 2017. More than 2,700 of those people are kids.

Family homelessness numbers increased by nearly 8% from 2017 to 2018. Currently, more than 100 families are on the waiting list for shelter in Kent County. One of the biggest problems is the shortage of affordable housing.

"There are increases in the rental amounts and increases in the amount that people need to pay for new housing," said Wende Randall, the director of the Kent County Essential Needs Task Force. "But we're not seeing increases in wages across the board to keep pace with that. So we do see more families and people of color at risk of or experiencing homelessness than would be representative of our community."

Of the total number of people in families experiencing homelessness, 73% identified as African American, 24% identified as White and 13% identified as Hispanic.

Fifty-two percent of people who had one or more experiences of homelessness in 2018 reported living within three zip codes. Those are 49503, 49504, and 49507. There are several factors to consider, including median income, increased cost of housing and location of the largest shelters, all within those areas.

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Overcoming homelessness: West Michigan women share their stories - WZZM13.com

Zacks Investment Research lowered shares of Legacy Housing (NASDAQ:LEGH) from a hold rating to a sell rating in a report issued on Thursday morning, Zacks.com reports.

According to Zacks, Legacy Housing Corporation builds, sells and finances manufactured homes distributed through independent retailers and company-owned stores as well as directly to manufactured housing communities. It operates primarily in the southern United States. Legacy Housing Corporation is based in Bedford, Texas.

Several other research firms have also issued reports on LEGH. B. Riley initiated coverage on shares of Legacy Housing in a report on Friday, November 15th. They set a buy rating and a $18.00 target price for the company. Oak Ridge Finl. restated a buy rating on shares of Legacy Housing in a report on Thursday, August 15th. Finally, Lake Street Capital started coverage on shares of Legacy Housing in a report on Tuesday, September 17th. They issued a buy rating for the company.

Legacy Housing (NASDAQ:LEGH) last released its earnings results on Friday, November 15th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters consensus estimate of $0.32 by ($0.07). Legacy Housing had a net margin of 15.45% and a return on equity of 12.12%. The business had revenue of $41.94 million for the quarter, compared to analysts expectations of $44.22 million. On average, sell-side analysts forecast that Legacy Housing will post 1.13 EPS for the current fiscal year.

In other Legacy Housing news, CEO Kenneth E. Shipley sold 3,350 shares of the businesss stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $16.13, for a total transaction of $54,035.50. Also, Chairman Curtis Drew Hodgson sold 39,692 shares of the businesss stock in a transaction on Monday, August 26th. The shares were sold at an average price of $12.87, for a total transaction of $510,836.04. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,670,453 shares of company stock valued at $23,933,789. Company insiders own 49.10% of the companys stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. Russell Investments Group Ltd. grew its position in shares of Legacy Housing by 1.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 580,528 shares of the companys stock valued at $9,404,000 after acquiring an additional 5,971 shares during the period. GW&K Investment Management LLC bought a new stake in shares of Legacy Housing during the 2nd quarter valued at $4,899,000. BlackRock Inc. grew its position in shares of Legacy Housing by 31.4% during the 2nd quarter. BlackRock Inc. now owns 266,888 shares of the companys stock valued at $3,322,000 after acquiring an additional 63,750 shares during the period. Vanguard Group Inc. grew its position in shares of Legacy Housing by 10.9% during the 2nd quarter. Vanguard Group Inc. now owns 237,459 shares of the companys stock valued at $2,956,000 after acquiring an additional 23,332 shares during the period. Finally, Boston Partners grew its position in shares of Legacy Housing by 166.4% during the 2nd quarter. Boston Partners now owns 203,258 shares of the companys stock valued at $2,531,000 after acquiring an additional 126,958 shares during the period. Institutional investors and hedge funds own 16.53% of the companys stock.

About Legacy Housing

Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms, with 1 to 3 1/2 bathrooms.

Further Reading: Support Level

Get a free copy of the Zacks research report on Legacy Housing (LEGH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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Legacy Housing (NASDAQ:LEGH) Cut to Sell at Zacks Investment Research - Mitchell Messenger

Progressive (NYSE:PGR) and United Insurance (NASDAQ:UIHC) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, analyst recommendations, profitability, institutional ownership, risk, dividends and earnings.

Volatility & Risk

Progressive has a beta of 0.65, suggesting that its share price is 35% less volatile than the S&P 500. Comparatively, United Insurance has a beta of 1.15, suggesting that its share price is 15% more volatile than the S&P 500.

78.2% of Progressive shares are held by institutional investors. Comparatively, 36.6% of United Insurance shares are held by institutional investors. 0.4% of Progressive shares are held by insiders. Comparatively, 52.5% of United Insurance shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Progressive and United Insurances net margins, return on equity and return on assets.

Earnings and Valuation

This table compares Progressive and United Insurances top-line revenue, earnings per share and valuation.

Progressive has higher revenue and earnings than United Insurance. Progressive is trading at a lower price-to-earnings ratio than United Insurance, indicating that it is currently the more affordable of the two stocks.

Dividends

Progressive pays an annual dividend of $0.40 per share and has a dividend yield of 0.6%. United Insurance pays an annual dividend of $0.24 per share and has a dividend yield of 1.9%. Progressive pays out 9.0% of its earnings in the form of a dividend. United Insurance pays out 63.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Progressive and United Insurance, as reported by MarketBeat.com.

Progressive currently has a consensus price target of $82.36, suggesting a potential upside of 16.28%. United Insurance has a consensus price target of $14.00, suggesting a potential upside of 11.64%. Given Progressives higher probable upside, equities analysts plainly believe Progressive is more favorable than United Insurance.

Summary

Progressive beats United Insurance on 11 of the 16 factors compared between the two stocks.

About Progressive

The Progressive Corporation, through its subsidiaries, provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, and snowmobiles. The company's Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides residential property insurance for homes, condos, manufactured homes, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; home, condominium, renters, and other insurance; and general liability and business owner's policies, and workers' compensation insurance. In addition, it offers reinsurance services. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on Internet, and mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

About United Insurance

United Insurance Holdings Corp. operates as a property and casualty insurance holding company that sources, writes, and services residential personal and commercial property, and casualty insurance policies in the United States. The company offers structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners, as well as dwelling fire policies. It also provides commercial multi-peril property insurance for residential condominium associations, as well as loss or damage to buildings, inventory, or equipment caused by covered cause of loss, such as fire, wind, hail, water, theft, and vandalism. In addition, the company offers flood, equipment breakdown, and identity theft policies. It markets and distributes its products through a network of independent agencies in Connecticut, Florida, Georgia, Hawaii, Louisiana, Massachusetts, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Texas. United Insurance Holdings Corp. was founded in 1999 and is headquartered in St. Petersburg, Florida.

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Head to Head Review: Progressive (NYSE:PGR) vs. United Insurance (NYSE:UIHC) - Mitchell Messenger