• Latest
  • Trending
  • All
  • News
Robots can revolutionize the modular building industry

Robots can revolutionize the modular building industry

April 27, 2022
A Wild Time Capsule in North Dakota Is This Week’s Most Popular Home

A Wild Time Capsule in North Dakota Is This Week’s Most Popular Home

June 25, 2022
5 Lovely Lake Homes Priced Below a Million Bucks

5 Lovely Lake Homes Priced Below a Million Bucks

June 25, 2022
Clarence Thomas: Court Should Reconsider Gay Marriage, Birth Control Decisions Next After Overturning Roe

Clarence Thomas: Court Should Reconsider Gay Marriage, Birth Control Decisions Next After Overturning Roe

June 25, 2022
Clarence Thomas: Court Should Reconsider Gay Marriage, Birth Control Decisions Next After Overturning Roe

Clarence Thomas: Court Should Reconsider Gay Marriage, Birth Control Decisions Next After Overturning Roe

June 25, 2022
Germany’s top energy regulator said the country can last just 2.5 months without Russian gas, and  there will be a ‘difficult’ autumn and winter ahead

Germany’s top energy regulator said the country can last just 2.5 months without Russian gas, and there will be a ‘difficult’ autumn and winter ahead

June 25, 2022
Consumers have never hated the U.S. economy this much—it’s a huge recession warning sign

Consumers have never hated the U.S. economy this much—it’s a huge recession warning sign

June 25, 2022
It seems NFT-themed Bored & Hungry restaurant no longer accepts crypto

It seems NFT-themed Bored & Hungry restaurant no longer accepts crypto

June 24, 2022
Celsius Network hires advisers ahead of potential bankruptcy: Report

Celsius Network hires advisers ahead of potential bankruptcy: Report

June 24, 2022
Could Crypto Regulation Actually Shift from the SEC to CFTC?

Could Crypto Regulation Actually Shift from the SEC to CFTC?

June 24, 2022
PancakeSwap: Your Recipe to a Sweet Life of CAKE Farming 

PancakeSwap: Your Recipe to a Sweet Life of CAKE Farming 

June 24, 2022
EUR/GBP: Renewed Brexit fears may start to weigh on sterling – Danske Bank

EUR/GBP: Renewed Brexit fears may start to weigh on sterling – Danske Bank

June 24, 2022
EUR/USD could still dip back to the recent low of 1.0350 – Rabobank

EUR/USD could still dip back to the recent low of 1.0350 – Rabobank

June 24, 2022
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, June 25, 2022
  • Login
WallStreetReview
  • Home
  • News
No Result
View All Result
WallStreetReview
No Result
View All Result
Home News

Robots can revolutionize the modular building industry

by Editor
April 27, 2022
in News
0
Robots can revolutionize the modular building industry
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

SAN ANTONIO—Expect more robots in modular construction.

Rick Murdock, CEO of Autovol, a Nampa, Idaho-based modular construction company, said as much during the 2022 World of Modular convention and tradeshow in San Antonio.

It’s no secret that labor shortages have been hitting industries across the United States. The construction industry needs more than half a million workers above its current pace of hiring in order to meet demand this year, according to an analysis by Associated Builders and Contractors.  Median age of the workforce also raises concerns, as fewer young workers join and construction veterans retire.

But that’s where robots can make a real impact, Murdock said. He says automation currently takes up about 30% of production at his modular company and expects that to eventually jump to 45%.

That should not take away potential jobs from trade laborers, according to Murdock.

Modular construction eliminates hazards associated with traditional construction. For example,  construction on a factory floor eliminates the potential for falls, the No. 1 cause of construction deaths. At the same time, using robots eliminates tasks such as heavy lifting.

That not only prevents injury, but also promotes diversity in the workforce since heavy lifting is no longer a necessity, said Murdock.

Autovol boasts about 30% women in their workforce. In the overall construction industry, only 3% to 4% of jobs in production, transportation, construction and maintenance are occupied by women, according to a Fixr report.

Modular buildings also take 25% to 50% less time to build than traditional methods, which means faster occupancy and return on investment, according to the MBI. Autovol claims to further reduce both time and costs because of their robots.

“We’ve already seen the demand right now is more than we could possibly build if we had 100 Autovols out there,” said Murdock. “We couldn’t reach the demand.”

Nevertheless, robots during the production process bring challenges. That includes issues with software, as well as the upfront costs of implementing the technology in the manufacturing plant. 

“With automation, you can go in there and change one bit of software and now 10 other things don’t work,” said Murdock. “But when we run into those challenges, data solves it. That’s the education that we’re getting as the pioneers of this automation and robotic technology in our manufacturing plant.”

The factory floor of Autovol is approximately 400,000 square feet, with an adjoining office space of 30,000 square feet. Its robots focus on building completed modular units in the multifamily and hospitality sectors. Murdock said the company plans to expand its plants in other parts of the country.

“I hear people say modular construction is a competitor of traditional construction, I don’t agree,” said Murdock. “I think we are a resource, I think we are a supplier. We need more collaboration between general contractors and modular manufacturing plants.”

Read More

Share196Tweet123Share49
Editor

Editor

  • Trending
  • Comments
  • Latest
Canada’s OSC Flags Tweets From Coinbase, Kraken CEOs

Canada’s OSC Flags Tweets From Coinbase, Kraken CEOs

February 22, 2022
Trudeau Invokes Rare Emergency Powers To Shut Down ‘Freedom Convoy’ Blockades

Trudeau Invokes Rare Emergency Powers To Shut Down ‘Freedom Convoy’ Blockades

February 15, 2022
S&P 500 confirms correction as stocks stumble on war fears

S&P 500 confirms correction as stocks stumble on war fears

February 23, 2022
Scholz to warn Putin of western resolve on Ukraine

Scholz to warn Putin of western resolve on Ukraine

0
Waning stockpiles drive widespread global commodity crunch

Waning stockpiles drive widespread global commodity crunch

0
FT Global MBA Ranking 2022: US business schools dominate

FT Global MBA Ranking 2022: US business schools dominate

0
A Wild Time Capsule in North Dakota Is This Week’s Most Popular Home

A Wild Time Capsule in North Dakota Is This Week’s Most Popular Home

June 25, 2022
5 Lovely Lake Homes Priced Below a Million Bucks

5 Lovely Lake Homes Priced Below a Million Bucks

June 25, 2022
Clarence Thomas: Court Should Reconsider Gay Marriage, Birth Control Decisions Next After Overturning Roe

Clarence Thomas: Court Should Reconsider Gay Marriage, Birth Control Decisions Next After Overturning Roe

June 25, 2022
WallStreetReview

Copyright © 2022. WallStreetReview.com

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News

Copyright © 2022. WallStreetReview.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Don't miss the

NEWSLETTER

Exclusive editorial

Breaking News

Quality Company Coverage

Expert Writers

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

WallStreetReview will use the information you provide on this form to be in touch with you and to provide updates and marketing.