Modular building

Modular Home Builders Association Awards November 2020 Home of the Month Distinction to Two New England Modular Construction Companies

Retrieved on: 
Monday, November 2, 2020

SWANSEA, Mass., Nov. 2, 2020 /PRNewswire-PRWeb/ -- The Modular Home Builders Association (MHBA) awarded its distinguished Home of the Month recognition to Westchester Modular Homes Inc. and Southeastern Development Co.

Key Points: 
  • SWANSEA, Mass., Nov. 2, 2020 /PRNewswire-PRWeb/ -- The Modular Home Builders Association (MHBA) awarded its distinguished Home of the Month recognition to Westchester Modular Homes Inc. and Southeastern Development Co.
  • The recognition was awarded for the Colonial model in Swansea, Massachusetts, that Westchester manufactured and Southeastern Development Co. finished on site.
  • About MHBA: The Modular Home Builders Association is the only national organization dedicated exclusively to serving modular home builders and manufacturers.
  • In an effort to improve construction productivity and efficiency, the MHBA promotes the advantages of modular construction to builders, government agencies and the general public.

Global Modular Construction Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com

Retrieved on: 
Monday, November 2, 2020

The "Modular Construction - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Modular Construction - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The 278-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021.
  • This segment currently accounts for a 60.6% share of the global Modular Construction market.
  • Competitors identified in this market include, among others:
    CIMC Modular Building Systems Holdings Co. Ltd.

Global Modular Construction Market (2020 to 2025) - Housing Crisis in Developed Countries Presents Opportunities

Retrieved on: 
Friday, October 23, 2020

The global modular construction market size is projected to grow from USD 85.4 billion in 2020 to USD 107.9 billion by 2025, at a CAGR of 5.7%.

Key Points: 
  • The global modular construction market size is projected to grow from USD 85.4 billion in 2020 to USD 107.9 billion by 2025, at a CAGR of 5.7%.
  • Critical trends in the construction industry, such as shorter project schedules, the housing shortage in many countries, economic construction demand, and workforce shortages, are the factors that are driving the growth of the volumetric modular construction method.
  • In terms of value & volume, Permanent modular building is estimated to dominate the modular construction market in 2019.
  • Permanent modular construction (PMC) is an innovative building technique that utilizes offsite manufacturing methods to prefabricate single and multi-story structures in modular sections on the grounds of sustainability.

Modulaire Group announces completion of Temporary Space Nordics acquisition

Retrieved on: 
Friday, October 23, 2020

LONDON, Oct. 23, 2020 /PRNewswire/ -- Modulaire Group, the leading modular space leasing business in Europe and Asia Pacific, is pleased to announce the completion of the acquisition of Temporary Space Nordics ("TSN").

Key Points: 
  • LONDON, Oct. 23, 2020 /PRNewswire/ -- Modulaire Group, the leading modular space leasing business in Europe and Asia Pacific, is pleased to announce the completion of the acquisition of Temporary Space Nordics ("TSN").
  • Magnus Kjellin, Temporary Space Nordic's CEO, said: "We are excited to join Modulaire Group and become part of the leading modular space provider in Europe.
  • Modulaire Group has operations in 24 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms.
  • Temporary Space Nordics offers high quality temporary modular building solutions primarily for schools, pre-schools, offices, infrastructure and accommodation for public, infrastructure and private customers.

Modulaire Group announces completion of Temporary Space Nordics acquisition

Retrieved on: 
Friday, October 23, 2020

LONDON, Oct. 23, 2020 /PRNewswire/ -- Modulaire Group, the leading modular space leasing business in Europe and Asia Pacific, is pleased to announce the completion of the acquisition of Temporary Space Nordics ("TSN").

Key Points: 
  • LONDON, Oct. 23, 2020 /PRNewswire/ -- Modulaire Group, the leading modular space leasing business in Europe and Asia Pacific, is pleased to announce the completion of the acquisition of Temporary Space Nordics ("TSN").
  • Magnus Kjellin, Temporary Space Nordic's CEO, said: "We are excited to join Modulaire Group and become part of the leading modular space provider in Europe.
  • Modulaire Group has operations in 24 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms.
  • Temporary Space Nordics offers high quality temporary modular building solutions primarily for schools, pre-schools, offices, infrastructure and accommodation for public, infrastructure and private customers.

Worldwide Modular Construction Industry to 2025 - Featuring Atco, Bechtel & Blokable Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 22, 2020

The global modular construction market size is projected to grow from USD 85.4 billion in 2020 to USD 107.9 billion by 2025, at a CAGR of 5.7%.

Key Points: 
  • The global modular construction market size is projected to grow from USD 85.4 billion in 2020 to USD 107.9 billion by 2025, at a CAGR of 5.7%.
  • In terms of value & volume, Permanent modular building is estimated to dominate the modular construction market in 2019.
  • Permanent modular construction (PMC) is an innovative building technique that utilizes offsite manufacturing methods to prefabricate single and multi-story structures in modular sections on the grounds of sustainability.
  • In terms of value and volume, steel is projected to be the fastest segment in the modular construction market from 2020 to 2025.

General Finance Corporation Announces Public Offering of Senior Notes

Retrieved on: 
Tuesday, October 20, 2020

This press release is neither an offer to sell nor a solicitation of an offer to buy the Notes or any other securities.

Key Points: 
  • This press release is neither an offer to sell nor a solicitation of an offer to buy the Notes or any other securities.
  • The Notes may not be sold in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
  • Headquartered inPasadena, California,General Finance Corporation(NASDAQ: GFN, www.generalfinance.com )is a leading specialty rental services company offering portable storage, modular space and liquid containment solutions.Managements expertise in these sectors drives disciplined growth strategies, operational guidance, effective capital allocation and capital markets support for the Companys subsidiaries.The CompanysAsia-Pacificleasing operations inAustraliaand New Zealand consist of wholly-ownedRoyal Wolf ( www.royalwolf.com.au ), the leading provider of portable storage solutions in those regions.The CompanysNorth Americaleasing operations consist of wholly-owned subsidiariesPac-Van, Inc.( www.pacvan.com ) andLone Star Tank Rental Inc. ( www.lonestartank.com ), providers of portable storage, office and liquid storage tank containers, mobile offices and modular buildings.The Company also ownsSouthern Frac, LLC ( www.southernfrac.com ), a manufacturer of portable liquid storage tank containers and, under the trade name Southern Fabrication Specialties ( www.southernfabricationspecialties.com ), other steel-related products in North America.

SG Blocks Announces Three New Construction Projects Utilizing SG ECHO Modular Manufacturing Facility

Retrieved on: 
Tuesday, October 20, 2020

SG Blocks, Inc. (Nasdaq: SGBX) ("SG Blocks" or the "Company"), a leading designer, innovator and fabricator of modular and container-based structures, today announced three development projects to be undertaken at its SG ECHO modular/container manufacturing facility in Durant, Oklahoma.

Key Points: 
  • SG Blocks, Inc. (Nasdaq: SGBX) ("SG Blocks" or the "Company"), a leading designer, innovator and fabricator of modular and container-based structures, today announced three development projects to be undertaken at its SG ECHO modular/container manufacturing facility in Durant, Oklahoma.
  • In September 2020, SG Blocks closed on the purchase of most of the assets of ECHO DCL, which specializes in the design and construction of permanent and temporary modular buildings.
  • View the full release here: https://www.businesswire.com/news/home/20201020005423/en/
    Rendering of a planned SG Blocks project (Photo: Business Wire)
    We are very pleased to announce these three construction projects, underscoring the true benefit of our investment in the ECHO DCL facility, stated Paul Galvin, Chairman and CEO of SG Blocks.
  • The SG ECHO manufacturing facility, located in Durant, Oklahoma, is a two-building, 70,000 square foot modular manufacturing facility.

Modular Home Builders Association Recognizes Industry Excellence at 2020 Annual Meeting

Retrieved on: 
Monday, October 12, 2020

HARRISBURG, Pa., Oct. 12, 2020 /PRNewswire-PRWeb/ --The Modular Home Builders Association (MHBA) recently held its annual conference in Harrisburg, Pennsylvania with about fifty attendees participating in person.

Key Points: 
  • HARRISBURG, Pa., Oct. 12, 2020 /PRNewswire-PRWeb/ --The Modular Home Builders Association (MHBA) recently held its annual conference in Harrisburg, Pennsylvania with about fifty attendees participating in person.
  • By establishing this award, the Modular Home Builders Association recognizes the contributions of those whose careers are or were dedicated to our industry or whose acts have had a significant impact on the careers of all others involved.
  • MHBA is proud of the industry and was pleased by the success of the in-person Annual Meeting.
  • About MHBA: The Modular Home Builders Association is the only national organization dedicated exclusively to serving modular home builders and manufacturers.

InventHelp Inventor Develops Protective Accessory for A/C Units (NWO-423)

Retrieved on: 
Monday, October 12, 2020

The patent-pending invention provides an effective way to support an air conditioner above potential flood levels.

Key Points: 
  • The patent-pending invention provides an effective way to support an air conditioner above potential flood levels.
  • As a result, it provides added protection and peace of mind and it eliminates the cost and hassle associated with replacing damaged A/C units.
  • The invention features a durable design that is easy to apply and use so it is ideal for mobile and modular home owners.
  • The original design was submitted to the New Orleans sales office of InventHelp.