Ever wonder what those confusing construction terms mean? Don’t want to bother your busy contractors and engineers? Want to sound like an expert at the next facility planning meeting?
Modular construction terms can be confusing and easily misunderstood. The handy new Modular Construction Glossary helps you stay on top of the latest terminology!
The free glossary is filled with common modular building terms and general construction terms. Please feel free to link directly to terms in the glossary and use them as reference. If you do not see a word, please let us know and we will add it to the list.
Visit the Modular Construction Glossary now! www.modtech.com/glossary
Modular Building Institute Conveys Awards for Outstanding Projects
PERRIS, Calif.–(BUSINESS WIRE)–Modtech Holdings, Inc. (Nasdaq: MODT) is proud to announce that the company has been recognized by industry leaders for several innovative projects. The winners of the prestigious Awards of Distinction contest were announced during the Modular Building Institute (MBI) 25th Annual Convention. Members of the MBI submit their premier projects and the buildings are judged by a panel of construction experts on a variety of aspects including architectural excellence, technical innovation, efficiency and construction time. Over one hundred unique projects were submitted this year in various categories.
Modtech received awards for a large government project, a private school classroom, and a virtually indestructible concrete and block restroom building. The three buildings illustrate Modtech’s innovative design and manufacturing abilities.
In addition, Modtech received two awards for marketing campaigns. Details and pictures of each project are posted on the Modtech website: www.modtech.com/awards.
After the awards ceremony, Modtech Senior Vice President Rick Bartolotti commented, “We are honored to be recognized by this distinguished panel of our peers. Recent innovations in modular building construction have allowed Modtech to provide structures never before possible.” Bartolotti added, “Modern modular buildings are indistinguishable from site built projects but provide significant time savings.”
Modtech’s Off-Site Construction Process saves time and decreases site disruption. Many of our modular buildings can be purchased via cooperative purchasing agreements or piggyback contracts, allowing expedited purchasing and the best pricing. Here is a lineup of our latest products:
- Fully operational within hours of installation
- Low maintenance costs
- Minimal site preparation
- Faster installation
- Increased lifespan
- Pre-approved in numerous states
- Available now!
Modular Restroom Specifications…
- Superior interior learning environment
- Unbelievably quiet interior
- Abundant day lighting
- Reduced operational cost
- Low maintenance
- CHPS & LEED Certifiable
- Available now!
Green Classroom Specifications…
- Condominiums
- Apartments
- Townhouses
- Hotels
- Remote resorts
- Numerous architectural designs available
- Optional luxury interiors
- Green features and designs
- Available now!
Residential Building Specifications…
- Medical offices
- Healthcare clinics
- Outpatient treatment centers
- Hospital support buildings
- Rural clinics
- Attractive architectural designs available
- Complex equipment support systems available
- Minimal site disruption
- Great for rapid expansion
- Available now!
Healthcare Building Specifications…
PERRIS, Calif.–(BUSINESS WIRE)–Jan. 3, 2008–Modtech Holdings, Inc. (Nasdaq:MODT) announced a multi-year agreement with LivingHomes, LLC (”LivingHomes”) under which Modtech Holdings Inc. (”Modtech”) will be the exclusive manufacturer of LivingHomes’ Ray Kappe-designed steel-framed modular single-family homes in markets served jointly by the two companies.
Modtech President and Chief Executive Officer Dennis Shogren commented: “We are excited to partner with LivingHomes and to build on the success of our first project together, which was completed last November. We are already under way on the next project, with several more in the early stages of design and approval. In addition to the substantial business opportunity this product line represents over the next several years, it’s just plain fun to look at a completed Ray Kappe-designed home and say ‘Modtech built that!’”
“We look forward to working with Modtech on our Ray Kappe-designed homes,” said LivingHomes Founder and CEO Steve Glenn. “By partnering exclusively with a manufacturer of Modtech’s caliber, we will be able to reduce our costs and delivery schedules and increase our national reach.”
Shogren continued, “The agreement with LivingHomes capped a very good fourth-quarter bookings effort. At over $50 million in bookings, this was the highest level of quarterly bookings in the last two years. Even more gratifying than the turnaround in our bookings trend is the fact that more than half of the bookings came from new products introduced over the past 15 months. Bookings for the quarter included new products for the military, our recently introduced Blockhead and GLO product lines, and our niche residential products, which demonstrate that our strategy of diversifying our product offerings is beginning to take hold and will serve us well in the future.
“Our excitement over the increased bookings is tempered by the realization that a turnaround in financial results can be expected to lag the turnaround in bookings by one to two quarters. We continue to carefully manage our costs and look forward to a return to profitability as we begin construction supported by the growing backlog.”
