Fleetwood enters supply agreement with Gateway Lifestyle Group

Company News

by Jessica Amir

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.

 

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.