The impact of the Covid pandemic on the construction industry appears to be fueling demand for modular construction methods, especially in the western U.S. and Canada.
Several new suppliers of modular units have come online since 2019, and existing companies have been scaling up factory capacity. Modular offers benefits that can counteract challenges that were worsened by the pandemic.
For instance, bringing the task of ordering finishes, fixtures, and construction materials under one roof streamlines the supply chain, which grew tighter and became less predictable after the pandemic struck. Modular vendors that supply finished bathrooms and kitchens remove the burden of procuring many individual products from contractors and subcontractors.
Likewise, by completing the work of multiple subcontractors up front, they relieve the pressure on contractors to hire and schedule some of the work of various trades on site, thereby easing demand for labor.
Modular construction can also speed up construction schedules. There are some drawbacks, though, including the high cost of shipping.
Developers today use modular construction for many kinds of buildings, including supportive housing, hotels, resorts, apartments, detached homes, senior living facilities, office buildings, and factories.
Related Stories
| Aug 11, 2010
AGC unveils comprehensive plan to revive the construction industry
The Associated General Contractors of America unveiled a new plan today designed to revive the nation’s construction industry. The plan, “Build Now for the Future: A Blueprint for Economic Growth,” is designed to reverse predictions that construction activity will continue to shrink through 2010, crippling broader economic growth.
| Aug 11, 2010
PCL Construction, HITT Contracting among nation's largest commercial building contractors, according to BD+C's Giants 300 report
A ranking of the Top 50 Commercial Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
Webcor, Hunt Construction lead the way in mixed-use construction, according to BD+C's Giants 300 report
A ranking of the Top 30 Mixed-Use Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
Clark Group, Hensel Phelps among nation's largest federal government contractors, according to BD+C's Giants 300 report
A ranking of the Top 40 Federal Government Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
Report: Fraud levels fall for construction industry, but companies still losing $6.4 million on average
The global construction, engineering and infrastructure industry saw a significant decline in fraud activity with companies losing an average of $6.4 million over the last three years, according to the latest edition of the Kroll Annual Global Fraud Report, released today at the Association of Corporate Counsel’s 2009 Annual Meeting in Boston. This new figure represents less than half of last year’s amount of $14.2 million.