Mainstream Modular: Modular Construction: Here and Now

The modular construction industry has seen record growth since 2015. Once considered a lower quality and cheaper alternative to traditional construction, the industry has found a new life as a viable solution to construction needs. Tom Hardiman, executive director of the Modular Building Institute (MBI), spoke with Tyler Kern about the past, present, and future of modular construction.

As the executive director of MBI for more than 15 years, Hardiman has noticed an increase in popularity in the industry. “I’d say the state of the industry is strong. Everyone I’ve talked to said they are extremely busy. One of the busiest years they’ve had in a long not, if not the busiest year,” said Hardiman.

This rise in interest clearly has an impact on MBI as it’s the international non-profit trade association for the modular construction industry with approximately 450 member companies throughout the world. Hardiman highlighted that it’s a “portal or hub for anyone who wants information on modular construction.”

Being isolated from the traditional construction industry during the 2000s, the industry has faced some challenge. However, since 2015, there has been a dramatic change and a greater need for modular and hybrid projects. In the past five years alone, MBI has doubled its membership and the industry has doubled its market share.

These numbers illustrate that many of the misconceptions around quality have dissolved. Although some still believe it’s cheaper than traditional construction, there are still the same costs associated like local labor rates, local material rates, labor availability, and the experience of the team. However, the significant time savings and labor efficiencies associated with module construction should lead to lower overall costs.

Listen in to hear more about the exciting developments within the modular construction industry, and don’t miss seeing Hardiman as a guest speaker at the 2022 World of Modular Annual Convention and Tradeshow in San Antonio, TX from April 25–28.

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

Image

Latest

RED
The Framework Series Advantage: The RED Marketing Edge Every Brand Needs
February 4, 2025

Marketing is evolving fast, and brands must adapt or risk being left behind. RED Marketing highlights the critical need for messaging that is relevant, easy to engage with, and distinct. These three factors set successful brands apart. A 2023 McKinsey study found that companies leading in customer experience achieved more than double the revenue growth…

Read More
conversational capacity
The Framework Series Advantage: Strengthening Teams with Conversational Capacity
February 4, 2025

Effective team communication is important in today’s fast-paced business environment. In his book Conversational Capacity: The Secret to Building Successful Teams That Perform When the Pressure Is On, Craig Weber highlights the importance of balancing candor and curiosity in discussions. This approach helps teams navigate complex challenges, leading to stronger decision-making and improved organizational…

Read More
Marketing
A DisruptED Series of Conversations with Marketing Thought Leader Ivonne Kinser, Author of THINK (Ep. 3)
February 4, 2025

In an era where marketing is constantly reinventing itself, staying ahead of the curve requires more than just keeping up with the latest technology—it demands a new way of thinking. With over 14,000 marketing tools available today, the landscape is more complex than ever. As AI accelerates change and traditional tactics lose their impact,…

Read More
DisruptED in the D with Chris Dargin Part 2
February 4, 2025

As the tech industry continues to reshape the globe and offer up unprecedented opportunities for innovation, entrepreneurship, and workforce disruption, it has also allowed some big towns the ability to see benefits. With Detroit rebuilding itself from economic downturns and industrial decline, the city is seeing a rise in tech-driven initiatives aimed at fostering…

Read More