Blu Homes Raises an Additional $35 Million to Meet Demand for its Premium Prefab Homes
January 14, 2015
After doubling production in 2014, leading premium prefab homebuilder focuses on continuing geographic and production capacity growth.
VALLEJO – January 14, 2015 – Blu® Homes, Inc. (“Blu”), America’s leading premium prefab homebuilder, today announced that it has completed a $35 million round of investment led by large institutional investors. This latest investment will enable the company to continue its rapid growth, which included doubling production in 2014.
“2014 was an extremely productive year filled with exciting milestones, from doubling production volume and opening our first display homes to launching our 2015 product line, which is more spacious, greener, healthier, smarter and less expensive than ever before,” said Bill Haney, CEO of Blu Homes. “This additional capital raise will enable us to continue our steep trajectory of growth with a focus on production volume and expansion of our existing display home program.”
About Blu Homes
Blu Homes (www.bluhomes.com) is the leading provider of premium prefab homes in North America. Designed in California and built in half the time of conventional custom homes, Blu homes feature soaring ceilings, walls of glass ‘letting the outdoors in’, luxury quality finishes, and integrated high performance technologies for convenient and comfortable living. Blu’s proprietary information technology enables customers to create their unique home design online in 3-D, and receive a clear, full project price. Skilled craftsmanship and unique steel-reinforced building technology allow Blu to build beautiful, open-plan designs, ship them efficiently and complete them quickly for a simple one-stop process for its customers.
Built in its 250,000-square-foot state-of-the-art manufacturing facility in Northern California, Blu’s inspired and nationally recognized products can be found from New York and New England to the Colorado Mountains and the Pacific Coast. Visit www.bluhomes.com.