FLE Fleetwood Enterprises

RIVERSIDE, Calif., April 2 /PRNewswire-FirstCall/ -- The Fleetwood Homes division of Fleetwood Enterprises, Inc. (NYSE:FLE), an industry leader in factory-built housing for more than five decades, announced today that its modular housing division, Trendsetter Homes, has been selected for a new 160-unit housing development on the Gulf Coast. Consisting of a mix of single and two-story buildings with four different elevations, the Alabama condominium development will offer floor plans ranging in size from 1,140 square feet to 2,030 square feet. The units will be built in the new Trendsetter Homes modular facility in Douglas, Georgia. The developer will begin showing model units to potential buyers by late summer. The three Trendsetter projects Fleetwood has announced over the past two weeks -- Ft. Bliss barracks, Alabama workforce housing, and these condominiums -- are expected to result in total revenues of approximately $30 million. "These homes will be constructed in a factory-controlled environment according to the same local building codes which govern site-built homes," said John H. Riddle, Vice President of Trendsetter Homes. "We are working with an architectural firm with offices throughout the Gulf Region that has provided design assistance on our residential projects to ensure that they are compatible with local standards." Riddle said that Trendsetter's relationships with local architects, builders, and developers represent an extraordinary advantage for its construction work in the Gulf Coast region. He added that Trendsetter was established with the objective of being flexible in its construction designs and working with firms that had expertise in complementary areas to create buildings that are uniquely suited to specific projects. "In addition to the advantages modular homes provide in speed to completion, Trendsetter's homes offer a high level of durability because they have been engineered to meet the high wind ratings required in the Gulf Region," said Riddle. "They are also more environmentally friendly due to minimal construction site impact and recycling of waste. Accordingly, noise pollution and traffic caused by deliveries and subcontractors are greatly reduced." For more information about Trendsetter Homes, please visit http://www.trend-setterhomes.com/. About Trendsetter Homes Trendsetter Homes is the modular housing division of Fleetwood Homes, which operates 20 manufacturing facilities nationwide and is headquartered in Riverside, Calif. Trendsetter produces modular residential and commercial buildings in a factory-controlled environment for residential builders and the military. The Trendsetter Homes website can be accessed at http://www.trend-setterhomes.com/. About Fleetwood Fleetwood Homes is the housing brand of Fleetwood Enterprises, Inc. (NYSE:FLE), a leading producer of recreational vehicles and manufactured homes through its subsidiaries. This Fortune 1000 company, headquartered in Riverside, Calif., is dedicated to providing quality, innovative products that offer exceptional value to its customers. Fleetwood operates facilities strategically located throughout the nation, including recreational vehicle, factory-built housing and supply subsidiary plants. For more information, visit the Company's website at http://www.fleetwood.com/. Contact: Kathy Munson, Director of Investor Relations, 951-351-3650 JoAnne Foist, Director of Marketing Services, 951-351-3367 DATASOURCE: Fleetwood Enterprises, Inc. CONTACT: Kathy Munson, Director of Investor Relations, +1-951-351-3650, or JoAnne Foist, Director of Marketing Services, +1-951-351-3367, both of Fleetwood Enterprises, Inc. Web site: http://www.trend-setterhomes.com/ Web site: http://www.fleetwood.com/

Copyright