Skyline Champion Corporation (NYSE:SKY) will look for acquisitions. Laurie Hough, EVP and CFO, said, "On July 7, 2021, subsequent to the end of our fiscal quarter, Skyline Champion entered into a $200 million revolving credit facility replacing our existing $100 million facility. As a part of the refinancing, we paid off our outstanding revolver balance totaling $26.9 million using the company's cash on hand. The new credit facility expands the company's available liquidity for strategic initiatives and opportunistic acquisitions".
Skyline Champion Corporation is a producer of factory-built housing in North America. The Companyâs segments include U.S. Factory-built Housing and Canadian Factory-built Housing. The U.S. Factory-built Housing segment includes manufacturing and retail housing operations. It offers a portfolio of manufactured and modular homes, park model RVs, accessory dwelling units and modular buildings for the multi-family and hospitality sectors. It builds homes under various brand names in the factory-built housing industry, including Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes in the U.S., and Moduline and SRI Homes in western Canada. It operates a factory-direct manufactured home retail business, marketed under the Titan Factory Direct and Champion Homes Center brands, with over 31 sales centers spanning the United States.
SKYLINE CHAMPION CORPORATION 
