Cavco Industries Receives Training Magazine APEX Award Recognition
March 08 2024 - 8:00AM
Cavco Industries, Inc. (Nasdaq: CVCO) is proud to announce that it
was recognized by the 2024 Training APEX Awards as one of the top
105 training organizations in the world, receiving a Best Practice
award for our Master of Craft program.
This annual award given by Training magazine at
the Training APEX Awards Gala in Orlando, Florida places Cavco at
the forefront of employee training and development. It showcases
the Company's steadfast commitment to fostering skill growth and
career development for its team members.
The APEX Awards is the only global awards
program that celebrates and ranks the top worldwide organizations
that set the benchmark in employee training and development
programs. Cavco's recognition in this elite group underscores its
innovative approach to nurturing talent and enhancing workforce
skills, aligning with the industry's best practices and the highest
standards of excellence.
Cavco's Pioneering Learning and
Development Efforts AcknowledgedCavco’s Master of
Craft Program cultivates a higher level of skill and
opportunity among employees in its manufacturing settings,
targeting both novices aiming for growth and seasoned workers
eyeing leadership positions.
This initiative offers a blend of technical
training, practical experiences, leadership cultivation and
cross-disciplinary teamwork, aimed at advancing career paths and
enhancing both personal and organizational performance. Through a
structured working system that includes on-the-job learning,
mentorship, as well as project-based applications, participants
develop a comprehensive skill set that spans technical proficiency,
problem-solving and team leadership.
"Several years ago, we made a strong commitment
to aggressively develop Learning and Development as a core
competency at Cavco," stated Bill Boor, Cavco’s President
and CEO. "In just a short period, our innovative learning
programs have been growing everyone from new team members to
high-level management. We are grateful for Training Magazine's
acknowledgment of our Master of Craft program, which supports the
career paths of our manufacturing team members. This recognition
further affirms this important work."
Rich Maley, Cavco’s Corporate Director
of Learning and Development, expressed his enthusiasm
about the award, saying, “Cavco is excited to continue growing our
Learning and Development efforts and supporting our employees
throughout Cavco. This award will serve as a wonderful tool our
recruiters can use to demonstrate Cavco’s ongoing commitment to
help advance our employees’ careers.”
Cavco Industries is dedicated to the advancement
and continuous education of its employees via its Master of Craft
Program and other employee development initiatives, a commitment
that has now been honored with the APEX Award. This distinction not
only highlights Cavco's innovative learning programs, but also its
strategic focus on aligning employee development with overall
business goals and its cultural principle of investing in the
development and success of all Cavco team members.
About Cavco Cavco Industries,
Inc., headquartered in Phoenix, Arizona, designs and produces
factory-built housing products primarily distributed through a
network of independent and Company-owned retailers. We are one of
the largest producers of manufactured and modular homes in the
United States, based on reported wholesale shipments. Our products
are marketed under a variety of brand names including Cavco,
Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot
Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood and
MidCountry. We are also a leading producer of park model RVs,
vacation cabins and factory-built commercial structures. Cavco’s
finance subsidiary, CountryPlace Mortgage, is an approved Fannie
Mae and Freddie Mac seller/servicer and a Ginnie Mae
mortgage-backed securities issuer that offers conforming mortgages,
non-conforming mortgages and home-only loans to purchasers of
factory-built homes. Our insurance subsidiary, Standard Casualty,
provides property and casualty insurance to owners of manufactured
homes.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d3c82f11-d77a-4bce-adcc-c276e9264a60
For additional information, contact:
Colleen Rogers
SVP – Marketing & Communications
media@cavco.com
Phone: 972-763-5038
On the Internet: www.cavcohomes.com
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