Family-owned business continues to lead the way in producing high-quality, affordable custom homes throughout Midwest
ROCHESTER, Ind. , July 8, 2022 /PRNewswire/ -- Founded in 1972, Rochester Homes, Inc. (RHI) is proud to celebrate its 50th anniversary. Milam Anderson founded the company to create quality, affordable homes and establish trusting relationships with customers and business partners alike. Over the past five decades, RHI has continued growing and manufacturing modular homes throughout the Midwest. Looking to the future, the company remains committed to founding principles and pledges to continue providing excellent homes for families across America.
The founder of Rochester Homes, Inc., Milam Anderson , started his company with the help of 30 employees in 1972. They aimed to build HUD code homes, often referred to as mobile or modular housing, and ship them around the Midwest so that people could have affordable houses. As the Anderson family and the team grew the business, RHI learned to apply production techniques and systems building methods to produce IRC code homes placed on a permanent foundation. Often called Volumetric Modular Construction, today's homes are built to the same exact code as any site or "stick" framed house.
VP of Sales Alex Berlin says, "I worked on stick framing crews when I was in high school and college. The first time I walked into Rochester Homes, I was amazed at what they could accomplish off-site. The production facility and assembly line take away all the things that slowed us down on-site—weather delays, the difficulty of working on ladders or lifting heavy items without machinery, and just the simple idea of having tools at each workstation. I knew that there was an untapped potential to reach home buyers who are interested in building their quality, affordable, and custom home."
Now with a staff of over 130 people, RHI focuses on bringing their customers quality homes that last a lifetime. The company evolved from mobile home manufacturers to solely specializing in modular construction techniques that produce quality homes treated the same as any site or stick-built home by banks, realtors, appraisers, inspectors, and tradespeople.
"I have grown up around this business and have seen everyone that it has impacted in a very positive way." says GM Tyler Anderson . "Ever since I was a kid I have always said that this is what I wanted to do. The main reason I have always wanted to do this Is because I have always looked up to my Dad, I knew very little about the potential of RHI at the time. The more hands-on I have gotten with the product as I have gotten older the more I have realized what we do makes sense. Through the years we have had the ability to test what works and what doesn't work and adapt. A production line that builds homes has several moving components such as the jigs we build on, hinged trusses, Subassembly components, transportation carriers, home setup, and most important the people on that production line assembling the product. If we have issues in the field with a home, our builders have the ability to talk to me or Alex directly which in turn we can adjust a building technique on the production line. We aren't out to recreate the wheel our goal is to adapt and build the best possible home with real-life experience. The team we have created over the years knows what works in a modular setting. We build within systems, for example, all of our structural components are pre-designed so when a customer is after a certain look we may have to make some minor adjustments. The reason we make those adjustments is to control the complexity and give the people on the line some similarity so we aren't always re-learning things, this ensures when that home with all of its complexity's gets set on a job site it's consistent."
The Anderson family prides itself on being family-owned and operated for the 50 years of the company's existence. Milam Anderson transitioned the company to his son Kenny Anderson in the '90s. Kenny completed two factory additions to grow both the volume and modular capability of RHI.
"I like to look back at the history of Rochester Homes and think about all the lives we have touched" says Kenny Anderson . "This business has supported not only the Anderson, Berlin, and Rochester Homes families, but also all of the builders who buy our product and suppliers who furnish our materials. I knew that transitioning the company to the next generation and carrying on a tradition of supporting families around the Midwest was the only way to go."
Kenny transitioned the business in 2015 and said goodbye to RHI after retiring at the end of 2021. The next generation of leadership took over when Kenny's son, Tyler Anderson , and son-in-law, Alex Berlin , acquired ownership in 2015, after both working at the company for around ten years. Since then, Rochester Homes has continued to be one of the leaders in changing how the world views constructing homes and promoting the modular method of building homes.
Everyone at Rochester Homes understands how meaningful it is to celebrate a half-century in business. The National Association of Home Builders (NAHB) estimates that for every 100 homes built, 419 jobs are created. After RHI constructs the modules for each project, the local builder then employs contractors and subcontractors to excavate, pour foundations, install HVAC and plumbing mechanicals, build garages, build porches, and much more. Each home is an economic boon to its community. By the end of this year, Rochester Homes will have built over 8,500 homes total, or around 170 homes per year. RHI has averaged around 250 homes per year for the past ten years, ranging in final retail price from $135,000 to $1,000,000+ (not including land). The leadership team is truly grateful for the many people involved in this milestone.
See a full timeline of the company's history at rochesterhomesinc.com/history.
Rochester Homes, Inc. is a modular home manufacturer at the forefront of the next generation of homebuilders. The business model is to build modules for homes at their production facility based in Rochester, IN. Builders all around the Midwest choose to use RHI products as one of the methods to complete their custom projects for the retail customer. Builders will typically design a home, and use RHI to construct the modules, which can be completed up to the cabinet and countertop installation and even the first coat of primer on the drywall. The builder then ships to the job site and installs the modules on a permanent concrete crawlspace or basement, and then finishes garages, porches, flatwork, and landscaping. The combination of the volume of RHI and the local dedication from builders around the Midwest makes quality, customized home building possible while keeping it affordable. The company takes pride in providing homes to the Midwest alongside our building partners. Without them and the wonderful RHI team, these past 50 years would have not been possible. RHI currently services Indiana , Michigan , Wisconsin , Illinois , Iowa , and Ohio . For more information, visit www.rochesterhomesinc.com or email info@rochesterhomesinc.com.
Alex Berlin 574-224-7327 1345 N. Lucas St, Rochester, IN 46975
View original content to download multimedia:https://www.prnewswire.com/news-releases/rochester-homes-inc-celebrates-50-years-of-manufacturing-modular-homes-301581704.html
Investors are trying to make sense of the markets, in face of conflicting signals. Year-to-date, we’re facing deep losses – but more recently, a sharp rally despite this week’s confirmation that we’re in a recession. Government data released on Thursday showed a 0.9% GDP contraction in Q2, which came on the heels of a 1.6% contraction in Q1. That’s two quarters in a row, the definition of a recession. Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program, reminds us the ‘conventional wis
When his green credentials were challenged by a young activist on the election trail, Joe Biden had a simple answer.
Slaying the inflation dragon isn't done with baby steps. Expect much higher interest rates as a headwind for equities.
Looking to buy the dip? Start here.
How far off is The Boeing Company ( NYSE:BA ) from its intrinsic value? Using the most recent financial data, we'll...
We don’t advocate for theft. But stealing these strategies is a victimless crime.
Shares of the Illinois-based drugmaker AbbVie (NYSE: ABBV) were down by a hefty 5% as of 2:32 p.m. ET Friday afternoon. As a result, the Dividend Aristocrat's market capitalization has slipped by a staggering $13.2 billion today. Ahead of the opening bell, AbbVie announced its 2022 second-quarter earnings.
Diversification isn't necessary if you know what you're doing, according to the Oracle of Omaha.
Shares of Roku (NASDAQ: ROKU) opened sharply lower on Friday after a blistering financial update. Roku's plummet to close out the trading week is fair. The ad market has softened swiftly, even for Roku's connected TV stronghold that should've held up better than other marketing markets.
When Elon Musk decided to terminate his $44 billion deal to purchase Twitter the social-media company sued in the Delaware Court of Chancery. Twitter is suing for “specific performance,” a rare remedy that would require Musk to complete the merger. Unfortunately for Twitter, it isn’t Elon Musk Inc. but Elon Musk the individual who offered to buy the company.
This has been a year to remember for investors in seemingly all the wrong ways. Since the major U.S. indexes hit their respective all-time closing highs between mid-November and the first week of January, the timeless Dow Jones Industrial Average, broad-based S&P 500, and growth-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) have shed as much as 19%, 24%, and 34% of their value. You'll note by the drop in the S&P 500 and Nasdaq that both indexes have entered a bear market.
RCI Hospitality Holdings acquired the Cheetah Gentlemen’s Club in Hallandale Beach for $25 million. The Houston-based owner of 52 strip clubs (Nasdaq: RICK) said it acquired the Cheetah for $10 million in cash and $15 million in seller financing, which comes due in 10 years with 6% interest. The deal includes both the business assets and the 14,000-square-foot nightclub on 2.2 acres at 100 Ansin Blvd. According to property records, the seller was 100 Ansin Blvd Property LLC, managed by Jose Rodriguez in Hallandale Beach.
We feel now is a pretty good time to analyse Tilray Brands, Inc.'s ( NASDAQ:TLRY ) business as it appears the company...
Warren Buffett energy favorite Occidental Petroleum is near a buy point, but earnings are due Tuesday. Check out this week's stocks to watch.
The U.S. Federal Aviation Administration (FAA) on Friday approved Boeing’s inspection and modification plan to resume deliveries of 787 Dreamliners, two people briefed on the matter told Reuters. The FAA approved Boeing’s proposal that requires specific inspections to verify the condition of the airplane meets requirements and that all work has been completed, a move […]
Alibaba Group Holding has been added to a growing list of Chinese companies that face potential delisting from US stock exchanges, days after the e-commerce giant announced plans to seek a primary listing on Hong Kong's bourse with the aim to diversify its investor base. The US Securities and Exchange Commission (SEC) on Friday included Alibaba, owner of the South China Morning Post, to its watch list of US-listed Chinese firms that face removal from American exchanges under a 2020 law, the Hold
It is now guiding for third-quarter revenue of $15 billion-$16 billion vs. the $18.67 billion consensus. As for full-year 2022, its EPS expectation is now $2.30, down from its prior forecast of $3.60 and the $3.39 consensus. In terms of revenue for the year, Intel now expects $65 billion-$68 billion, down from $76 billion and well below the $74.4 billion consensus.
What do you do when you’re concerned that your holdings are down? Cash out for some alternatives? Buy the dip? Stash your cash under a mattress?
A slowing economy is slowing ad spending. Long-term investors should use this weakness to pick up winners while they're on sale.
Ford Motor lifted its quarterly dividend to 15 cents a share, a 50% boost, while Hershey raised its payout by 15%.