Warren Buffett targets commercial modular construction

Dive Quick:

  • Warren Buffett is forging more into modular construction, leveraging the Berkshire Hathaway-owned MiTek engineered creating products and solutions and construction software package firm to start a hybrid offsite-on internet site creating design qualified at hospitality, well being treatment, education and multifamily construction.
  • In a release, Chesterfield, Missouri-primarily based MiTek introduced a partnership with New York-primarily based, modular-focused Danny Forster & Architecture to ship sub-assembly components to jobsites, wherever contractors would observe simplified guidance and use the firm’s software package to set them with each other.
  • “Modular has this kind of very clear strengths, but for your ordinary industrial builder, the risks are far too high and the studying curve is far too steep,” DF&A principal Danny Forster, who made New York’s planned 26-tale AC by Marriott, which will be the tallest modular resort in the planet if constructed, mentioned in the assertion. “Our activation system will improve that.”
Read More