Lighten up: why an asset-heavy approach spells trouble for MMC

By Chris Spiceley 2023-05-25T06:00:00

The failure of L&G Modular is a real blow for offsite manufacturing, but there is an alternative model that makes more sense, says Chris Spiceley of Modulous

The demise of L&G Modular this month is going to shred confidence in this form of delivery. But, before we get into baby/bathwater analogies, let’s examine some of the underlying themes of this and other recent events.

Tracing back to Katerra three years ago, via other recent casualties in the UK and USA, there is a common theme: an asset-heavy approach. Asset-heavy in itself is not necessarily the issue, but in the context of our industry there is a sense of inevitably about the outcome.

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