ruminations about architecture and design

Monday, April 3, 2017

manufactured anxiety

Towers of ilium was mildly annoyed, but not entirely surprised, to discover that Connor Homes closed its doors four months ago. The tale of their demise is a little too familiar--they were acquired by a New York equity firm that had inappropriate expansion goals. The new owners pulled the plug when they realized that their investments would never pay off.

Manufactured housing is a tough business. A firm can achieve only minor efficiencies compared to a site-built/stick-built contractor. The temptation to focus on quantity over quality can become impossible to resist. Connor seems to have had a niche business, but Wall Street ambitions doomed them.

Next up: Unity Homes

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