Damage Occurs While Plant is Not Operating
TROY, Mich., Feb. 8 /PRNewswire-FirstCall/ -- Champion Enterprises,
Inc. (NYSE: CHB), a leader in factory-built construction, today announced
that its manufacturing facility in Henry, Tenn. was destroyed by fire
during the early hours of February 8, 2008. There were no injuries
reported. The Henry facility had been in business since 1968 with
distribution throughout the southeastern United States.
While the total sales and net earnings of the Henry facility are not
material to Champion's overall results, and the facility is fully insured,
the loss is nonetheless significant for the company. "We have a terrific
team of employees in Henry and are grateful that no one was hurt. We expect
to very quickly evaluate our options both with respect to serving our
customers and taking care of our employees," stated William Griffiths,
chairman, president and chief executive officer of Champion Enterprises,
Inc. "In the immediate aftermath, we will work to quickly transition the
Henry plant customers to other Champion facilities, and will continue to
provide the high level of service our Henry team has always taken pride
in."
About Champion
Troy, Michigan-based Champion Enterprises, Inc., a leader in
factory-built construction, operates 34 manufacturing facilities in North
America and the United Kingdom and works with over 3,000 independent
retailers, builders and developers. The Champion family of builders
produces manufactured and modular homes, as well as modular buildings for
government and commercial applications. For more information, please visit
http://www.championhomes.com.
SOURCE Champion Enterprises, Inc.
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Related links:
http://www.championhomes.com
http://www.prnewswire.com/comp/110861.html /
CONTACT:
Media, Christine Fisher of pushtwentytwo,
+1-248-335-9500 ext. 30, cfisher@pushtwentytwo.com, for Champion
Enterprises, Inc.; or Investors, Phyllis Knight, Executive Vice
President and CFO of Champion, +1-248-614-8200
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