How to Maximize Growth In The Modular Construction Network

Cross-Sections brings to you bite-size conversations with host Anthony Gude as he chats with colleagues and leaders in the construction and industrial ecosystem. 

 

On this episode of Cross-Sections, Host Anthony Gude talked with Colby Swanson, Co-Founder and Executive Director of Operations Director, Modular Mobilization Coalition, and Michael Palmer, the Operations Director. The Modular Mobilization Coalition (MMC) is a group of independent modular construction companies with a nationwide network of dozens of factories. The MMC builds standardized modules for clients who demand volume, velocity, and value in their projects.

The trio discussed the types of projects the MMC works on, growth in the market, and challenges in the modular industry.

One thing that is important for Swanson and Palmer is that they continue to grow MMC. If you look at other industrialized construction markets, such as Japan, Germany, and Switzerland, the percentage of prefabricated construction of GDP is in the 40 percent range. This is where they want to be in the market. Palmer noted they have a long way to go, and a lot of infrastructure needs to be built to support that load.

“Our goal is to really grow the modular space,” Swanson said. “We’re at three-and-a-half, to four percent, and we want to grow that market share. We’ve done some back-of-the-envelope analysis, and we think that should be 35-40 percent of the construction market.”

The Modular Building Institute (MBI) recently published a report that fabricators in the U.S. found that 21 percent of their volume is multi-family, with that stat improving in just the past few years. However, while that portion of the market is increasing, there wasn’t any information about prefab in the hotel industry. Palmer thinks modular and hotels work well together, though.

“When we look at hotels in terms of the modular industry, there’s probably no better product,” Palmer said, “because every room is exactly the same.”

Listen to Previous Episodes of Cross-Sections Right Here!

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

panasonic pt-rq18 laser projectors
Rentex Welcomes the Powerful Panasonic PT-RQ18 Laser Projectors!
June 23, 2024

More Panasonic PT-RQ18 laser projectors with cages have just arrived at Rentex. As the exclusive subrental provider of the RQ18, Rentex offers this state-of-the-art projector, known for its 16,000 lumens at 208v and 15,000 lumens at 110v. The PT-RQ18 is the smallest and lightest 16,000 lm 3-Chip DLP™ 4K projector in its class, delivering unparalleled…

Read More
DMX Controllers
Rentex Unveils Jands DMX Controllers and Cases for Rental!
June 23, 2024

Rentex has just added the cutting-edge Jands DMX controllers and sturdy cases to their rental lineup. These high-performance controllers deliver precise lighting control, perfect for making any event unforgettable. The durable cases ensure your gear stays protected, ready to perform wherever your gig takes you. Rentex continues to provide top-tier AV equipment for all professional…

Read More
panasonic th-55eq2 4k monitors
Panasonic TH-55EQ2 4K Monitor Gets the Royal Treatment!
June 22, 2024

One of the Panasonic TH-55EQ2 4K monitors is currently undergoing a meticulous quality check at Rentex. This 55″ professional display features 4K Ultra HD resolution, ensuring stunning image clarity and color accuracy. The Rentex team ensures the monitor meets all performance standards and is in perfect condition for its next rental. This process underscores Rentex’s…

Read More
panasonic uc4000 4k eng camera
Panasonic UC4000 4K ENG Camera: QC, Process, and Storage
June 22, 2024

The Rentex team is conducting a thorough quality check on the Panasonic UC4000 4K ENG Camera, ensuring it meets our high standards. This comprehensive process includes checking for any necessary repairs and optimizing the camera’s performance. Once maintenance is complete, the camera will be meticulously stored, ready for its next rental. Rentex’s commitment to quality…

Read More