Modular construction companies that perform both manufacturing and assembly services are more profitable than those that focus solely on one of those tasks, according to a report by McKinsey & Co.
The MiTek Modular Initiative, which has backing from Warren Buffett’s conglomerate, is betting big on modular construction—something few companies have been able to navigate successfully. Now, a new ...
The modular construction market is projected to reach USD 142.87 billion by 2030, growing at a CAGR of 5.4% from 2025. Its ...
Multifamily is a major driver, but the modular building industry world could see further growth in data centers and elsewhere ...
The construction industry is undergoing a transformative period through the adoption of modular construction techniques and advanced supply chain management. This approach involves off-site ...
Assembly OSM, a modular construction startup that has compared its process to putting together Ikea furniture, raised $38 million in Series A funding. The company was founded in 2019 by twin brothers ...
Modular construction remains a booming trend across the contracting world. Modular design helps solve housing shortages, speeds up construction, and addresses rebuilding work after natural disasters.
GOODFIELD, Ill. — With continued supply chain delays and labor shortages, demand for new home construction over the past two years has drastically outpaced supply. But one slice of the industry that ...
The pandemic put a general crimp in housing construction, but made a California factory that churns out prefabricated housing extra busy. This former Naval submarine factory in Vallejo, Calif., is now ...
In a warehouse in Harrison, New Jersey, Assembly OSM’s first apartment destined for a real-life project sits waiting. The one-bedroom unit occupies the middle of the weathered space like two puzzle ...