Cavco closes acquisition of 184,000-sq-ft NC facility for HUD-code home production

CAVCO INDUSTRIES, INC.

Facility purchased from Volumetric Building Companies (VBC) for cash from internal capital.
Will be converted from multi-family/commercial to single-family HUD-code home production.
Existing projects to be completed by VBC through summer 2022; Cavco renovations follow.
Anticipated production start by Q4 2022; Cavco plans to offer jobs to current employees.

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