Fleetwood Corporation (ASX:FWD) has entered into a new supply agreement with an over 50s home provider, Gateway Lifestyle Group (ASX:GTY).
Under the agreement, Fleetwood, the caravan and park-home company will build new modular homes at Gateway’s facilities in Queensland, New South Wales and Victoria.
The agreement is for an initial term of two years, with options for Gateway to extend by a further two to four years.
Fleetwood says it is pleased to continue supporting Gateway’s development plans.
Shares in Fleetwood Corporation (ASX:FWD) closed over 0.4 per cent higher yesterday to $2.26.