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The North America off-site construction market size was valued at $49,460.1 million in 2021, and is projected to reach $80,851.3 million by 2031, registering a CAGR of 4.9% from 2022 to 2031. [9] In May 2022, the Cree Nation communities in Canada received $17.4 million to deploy modular housing.
The company was founded in 2014 by Susan Tynan, who is the CEO. [ 3 ] [ 4 ] Framebridge has raised more than $81 million in venture funding — the most ever raised by any woman-founded company in the D.C. area. [ 1 ] [ 3 ] [ 5 ] [ 6 ] The company is headquartered in Washington, DC and operates a manufacturing facility in Richmond, Kentucky.
Construction is offsite, using lean manufacturing techniques to prefabricate single or multi-story buildings in deliverable module sections. Often, modules are based around standard 20 foot containers, using the same dimensions, structures, building and stacking/placing techniques, but with smooth (instead of corrugated) walls, glossy white paint, and provisions for windows, power, potable ...
Katerra was an American technology-driven off-site construction company. It was founded in 2015 by Michael Marks, former CEO of Flextronics and former Tesla interim CEO, along with Fritz Wolff, the executive chairman of The Wolff Co. [3] Katerra was listed on LinkedIn's "Top Startup Companies" to work for in 2017.
Modern methods of construction (MMC) is a term used mainly in the UK construction industry to refer to "smart construction" processes designed to improve upon traditional design and construction approaches by focusing on (among other things) component and process standardisation, design for manufacture and assembly (), prefabrication, preassembly, off-site manufacture (including modular ...
Larry Shar was the president of Lowy Frame and Restoring Company. The second of three generations, Larry is a frame dealer, art dealer and conservator. He graduated from Brandeis University in 1969 with a degree in fine art, but has worked in the business since he was a small child under the tutelage of his father, Hilly. [2]