Apple Homes Expands Into South Carolina.AUGUSTA, Ga.--(BUSINESS WIRE)--June 11, 1998--Apple Homes Corporation, a leading retailer in manufactured housing Manufactured housing (also known as prefab housing) is a type of housing unit that is largely assembled in factories and then transported to sites of use. In the United States, the term "manufactured home" specifically refers to a house built entirely in a protected , today announced the company's expansion into South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. with the opening of a new sales offices in Anderson, South Carolina Anderson is a city located in Anderson County, South Carolina. As of the United States 2000 Census, the city had a population of 25,514 and is the center of an urbanized area of 70,530. , in addition to new sales centers in Statesboro and Rayle, Georgia Rayle is a town in Wilkes County, Georgia, United States. The population was 139 at the 2000 census. Geography Rayle is located at (33.790184, -82.896599)GR1. . Apple Homes said it is also planning on opening additional South Carolina offices in the Spartanburg and Greenville areas. The State is a major market for manufactured housing, 40% of the new housing being this type. With the opening of the three new sales centers, Apple Homes, an independent retailer, now has 12 sales locations in Georgia and South Carolina. In Fiscal 1997, the year ended March 31, 1997, Apple Homes' sales reached $15,549,000. Apple Homes represents eight manufacturers and is the largest retailer in the United States for General Housing Corporation of Waycross, Georgia. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement Except for the historical information contained herein, certain of the matters discussed in this press release are "forward-looking statements" as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, which involve certain risks and uncertainties, including but not limited to, changes in general economic conditions, material prices , labor costs, interest rates, consumer confidence, competition, environmental factors, and governmental regulations affecting the company's operations. CONTACT: Apple Homes Corporation Robert Wilson, Chairman 888/886-5288 |
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