TROY, Mich., March 19, 2025--(BUSINESS WIRE)--Champion Homes, Inc. (NYSE: SKY) ("Champion Homes") again shows its relentless commitment to product innovation and its dedication to developing critically needed solutions to the nationwide affordable housing shortage with the launch of its first national manufactured duplex series. With this cutting-edge product, the Concord Duplex Series, Champion Homes is answering the nationwide call for high-quality affordable housing that can be built quickly, which will help builders and municipalities alleviate the demand for cost-effective homes.

"We’re thrilled to launch the Concord Duplex Series as a new product segment for Champion Homes that provides vital affordable housing units for individuals and families across the country," said Champion Homes President and CEO Tim Larson. "Additionally, the Concord series provides community operators, builders and developers a faster, precision-built solution to scale their development projects and deliver timely results."

Champion Homes debuted the Concord Duplex Series at the NAHB International Builders’ Show^® in Las Vegas in February, where thousands of people toured the home. It was met with an overwhelmingly positive response for its cost-effectiveness and high-quality construction. Featured in the show’s "Must-See New Products & Services" session, the series was highlighted as one of the most innovative and pioneering products in the residential construction and development industry.

The Concord Duplex Series was created in response to landmark updates to the U.S. Department of Housing and Urban Development (HUD) Manufactured Home Construction and Safety Standards allowing for multi-unit manufactured homes. Champion Homes’s duplex series allows developers to build higher density housing at a faster pace, helping to increase the national affordable housing supply. According to a 2024 report by the National Association of Home Builders, the U.S. has a shortage of approximately 1.5 million housing units.

Exemplifying Champion Homes’s dedication to making affordable housing more accessible across the country, the Concord Duplex Series is available now across the 48 contiguous states — Champion’s entire U.S. manufacturing footprint.

Manufactured homes like the models in the Concord Duplex Series are more cost-effective and faster to build than site-built alternatives, accelerating speed-to-occupancy for buyers and renters. They generate significantly less neighborhood noise, traffic and site waste than onsite construction, making them ideal for land-lease communities and urban infill contexts where residents already live in the area.

With offsite construction, homes are built in a climate-controlled environment that leverages a skilled, centralized workforce. These advantages enhance reliability and cost-effectiveness, allowing builders and municipalities to capitalize on economies of scale. Additionally, the Concord Duplex Series offers builders a shorter time-to-completion compared to site-built projects, reducing overhead capital charges and bolstering affordability. The series is an excellent fit for small-scale developers, real estate investors, and owners or developers of land-lease or build-to-rent communities.

Providing the affordability and convenience of duplexes in an efficient factory-built home package, the Concord Duplex Series features:

• A wide selection of floor plans ranging from 576-square-foot, one-bedroom, one-bathroom units to 960-square-foot, three-bedroom, two-bathroom units
• Thoughtfully designed layouts focusing on quality and cost-effectiveness for individuals, young families, retirees and people looking for multi-generational living options
• Desirable amenities residents will love, including open concept floor plans, en-suite bathrooms, contemporary décor, porches and private entrances
• Flexible configuration options to fit the specific needs of the building site, including different front- and side-entry arrangements

"The new Concord Duplex Series embodies Champion Homes’ uncompromising dedication to innovation in service of our customers," Larson said. "As a cost-effective housing solution built on an efficient timeline, we expect that this exceptional manufactured duplex series will help increase housing supply for individuals and families looking for affordability, value and quality in a home of their own."

About Champion Homes, Inc.

Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in North America and employs more than 9,000 people. With more than 70 years of homebuilding experience and 48 manufacturing facilities throughout the United States and western Canada, Champion Homes is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family and hospitality sectors.

In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 72 retail locations across the United States and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.

Manufactured and Modular Homes
www.championhomes.com
www.skylinehomes.com
www.genesishomes.com

Park Model RVs
www.championparkmodelscabins.com

Star Fleet Trucking
www.starfleettrucking.com

Source: Champion Homes, Inc.

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Contacts

Investors
Name: Jason Blair, Investor Relations Manager
Email: jablair@championhomes.com
Phone: (248) 614-8211