Modular building made major headway in the commercial construction market | Dump Trucks Charlotte NC
A lot of noteworthy movement in the modular building market this year meant that the headlines really started stacking up.
The year began with a National Institute of Building Sciences survey in which most columbus oh dump truck company responding said they use offsite construction techniques.
McKinsey Global Institute later released a comprehensive, eye-opening report about modular building that drew a line in the sand. "[Industry leaders] are either optimistic about the future of modular or they are really worried that modular companies are going to eat their cake," partner Jan Mischke told Construction Dive.
Meanwhile, major hotel brands made news by going modular with their approach. Hilton, Marriott and more grabbed the attention of columbus oh dump truck company — those that wanted to sign contracts, such as Prescient and Skender, and those that started shaking in their steel-toe boots that they'll soon be losing market share if they can't meet the efficiency demands of heavyweight clients.
That is, if they can't find ways to deliver projects up to 50% faster, as McKinsey found that modular can do, if modular is done right.
And over the course of the year, the firms that are doing it right really came to light. Most notably, Construction Dive spoke with observers and participants in the industry to identify one name that stood out even more than others, our Modular Builder of the Year, Skender.
Our profile of the firm wrapped the year up right around the time we dropped the first edition of our Modular Monitor column, which aims to grasp on to this changing force in the industry and help you anticipate what to expect next.
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Modular construction: threat or opportunity?
By Jenn Goodman • July 3, 2019"I would encourage the leaders of E&C firms to think about what could be their sweet spot 10 to 15 years out," a McKinsey partner said. "It’s time to get moving." Read the full article ➔
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Hilton opens San Francisco's 1st modular-constructed hotel
By Kim Slowey • June 18, 2019The Home2Suites-branded, 107-suite building welcomed guests after just 16 months of construction and less than a year after prefabricated components arrived at the jobsite. Read the full article ➔
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Modular can deliver projects 50% faster, McKinsey finds
By Kim Slowey • June 24, 2019The research columbus oh dump truck company said modular could give the construction industry the "productivity boost it needs" — and $22 billion in annual savings in the U.S. and Europe combined. Read the full article ➔
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Marriott building world's tallest modular hotel in NYC
By Kim Slowey • April 23, 2019Final on-site assembly of 168 prefabricated guestrooms, which should take 90 days to finish, is scheduled for late fall. Read the full article ➔
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Modular Monitor: Why does offsite construction matter?
By Joe Beeton • Dec. 2, 2019This new monthly column will stack up knowledge from stakeholders and observers on the method's inroads, opportunities, challenges and trajectory for disruption. Read the full article ➔
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Switch to modular cuts construction jobs in half at $10B ExxonMobil-SABIC plant
By Kim Slowey • June 28, 2019The Corpus Christi, Texas, petrochemical project was supposed to generate up to 11,000 jobs but is now projected to provide 6,000. Read the full article ➔
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Katerra closing Phoenix modular building facility, laying off 200 workers
By Joe Beeton • Dec. 10, 2019The California-based designer and builder of prefabricated components and mass timber modular units said it's on a growth path toward profitability next year despite having to close the 250,000-square-foot facility this month. Read the full article ➔
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Analysts: Infrastructure, modularization, resiliency top industry drivers
By Jenn Goodman • June 11, 2019While a recession is likely on the horizon, several segments of the construction industry will experience massive growth in the next few years, say experts from McKinsey and Dodge. Read the full article ➔
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Modular Builder of the Year: Skender
By Joe Beeton • Dec. 9, 2019Skender says it's perfecting a business proposition that not only solves myriad problems the industry faces, but helps evolve construction as a practice into the most vertically-integrated, efficient process possible. Read the full article ➔
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Majority of columbus oh dump truck company using offsite construction, survey says
By Kim Slowey • Jan. 10, 2019The National Institute of Building Sciences' 2018 report found that while most columbus oh dump truck company have been and plan to continue using offsite construction techniques, barriers remain. Read the full article ➔