What Will It Take for Builders to Embrace Offsite Construction? This Poll Lists What’s Needed

Over his 30 years researching the construction industry, Ed Hudson says he’s learned that it takes more than a well-crafted product to become popular. That product often also requires what Hudson calls “facilitators”–changes in thinking or in the supply chain that make the innovation easier to embrace.

To that end, Hudson’s Home Innovation Research Labs surveyed home builders recently to get a sense of which facilitators could help increase the likelihood builders would adopt offsite construction. The results are shown above. In essence, offsite housing techniques need to be cheaper, be better embraced by the public, be offered by more suppliers, and come with a higher level of service than is the case today.

“Further, builders seem to be limited by their workforce, and training remains another opportunity,” Hudson wrote. “These last two facilitators also tend to support the idea that small, incremental steps can be a way of advancing the state-of-the-industry in housing assembly.” One such step, Hudson believes, is to begin with pre-cut framing packages.

Welcome To EquiNova Capital

EquiNova Capital Partners LLC is the new company launched by Michael Collins and Walk Kurek following their years as Managing Directors of Building Industry Advisors. EquiNova invests private equity capital in middle-market companies and provides merger and acquisition advisory services. 

We Can Answer Your Most Pressing M&A Questions

  • How do the most active buyers in today’s market value my company?
  • What parts of the business should I change to improve its valuation?
  • When is the right time to sell?

These are questions that are commonly asked by the owners of building products manufacturers and distributors. Our work in selling and raising capital for companies puts us in a unique position to help answer these important questions. Regardless of when you might decide to approach the market, please contact me to have a confidential discussion about your company and ways to maximize its value for the owners. 

Michael Collins
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