WINGHAM, ONT. — Royal Homes Limited, a housing manufacturer in the province, has been acquired by a management group led by Sid Kerrigan, president of Brookfield Residential’s Ontario housing division.
The Royal Homes plant has been producing custom homes out of its 115,000-square-foot facility for 55 years, explains a release.
“Our market needs a faster, more efficient way to construct and deliver new homes, and Royal Homes will play a lead role in driving that innovation forward,” said Kerrigan in a statement. “Though we will remain focused on delivering the highest-quality custom homes, our plant has significant available productive capacity, so we will partially pivot towards more repeatable housing designs, across a range of built-forms.
“We will expand our dealer network throughout Ontario and build upon our many valued relationships with municipalities and First Nations communities in order to fast-track housing supply to those areas with the highest need.”
To scale up, the Wingham manufacturing facility will see “a significant financial investment that is expected to create hundreds of new jobs over the next three to five years.”
