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Between January and April this year, 840 UK construction companies entered insolvency, according to data from City A.M. This includes modular companies such as Connect Modular and Marbank Construction. The collapse of some well-known
companies has seemingly caused MMC uptake to stall. From what we’ve seen, many modular companies are stumbling due to a built-up demand that doesn’t translate into sales, leading to accumulated pods and prefabricated systems, which incur unsustainable overheads.
Faced with high upfront manufacturing
costs, logistical complications, and navigating MMC as a viable offering has a small project delay to cause costly problems for manufacturers. Manufacturing costs are only the
tip of the iceberg. Once it’s been built in the factory, if not straight to site, to keep factors such as temperature, UV and moisture in mind when selecting where to store modular systems.
Consequently, storage costs and quality maintenance are considerations that can damage incurred to products will incur additional delays and costs. However, smaller prefabricated
elements are being adopted rather successfully, perhaps due to a lower storage requirement meaning they’re not subject to crippling overheads. The pressure for more sustainable solutions has perhaps encouraged modular uptake in the realm of building services, where aesthetics can take a backseat over function,
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