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Modular Construction News | Press Releases

Browse recent press releases featuring important news and announcements from the Modular Building Institute and around the modular construction industry. Stay updated with the latest modular construction news by subscribing to MBI's weekly e-newsletter, MBI Updates.

Have news you'd like to share? Contact us at communications@modular.org.

Wesco International Finalizes Purchase of Ascent

December 9, 2024

Wesco International Finalizes Purchase of Ascent, a Premier Provider of Data Center Facility Management Services Wesco International recently announced it has completed its purchase of Ascent, a privately held company headquartered in St. Louis, Missouri and a premier provider of data center facility management services. Wesco previously announced its plan to acquire Ascent on October 31. Ascent, known for its specialized data center facility…

AMB Modulaire is Now Modulable

December 6, 2024

AMB Modulaire is Now Modulable We are thrilled to announce a significant milestone in our company’s evolution: AMB Modulaire is now Modulable! This new visual identity perfectly represents the expertise we’ve built over the years. It reflects the quality of our service offering and embodies our scalable, intelligent, modular solutions. Under AMB Modulaire, we stood…

Reps. Caraveo, Petterson Tackle Affordable Housing Shortage with Innovative Housing Solutions

November 20, 2024

Reps. Caraveo, Petterson Tackle Affordable Housing Shortage with Innovative Housing Solutions Colorado faces the second worst housing deficit in the nation. Both CO Freshmen teamed up to expand housing accessibility across the state. Today, Congresswoman Yadira Caraveo MD (CO-08) and Congresswoman Brittany Pettersen (CO-07) introduced the Innovative Housing Solutions and Affordability Act. Currently, one of…

MBI Defeats Prevailing Wage Bills in Pennsylvania

October 24, 2024

MBI Defeats Prevailing Wage Bills in Pennsylvania In May of this year, the Pennsylvania legislature introduced two bills, HB2153 and SB841, that would have expanded the state’s prevailing wage requirements in modular factories for all state-funded projects including housing, schools, and government offices, essentially eliminating those markets for our industry. The voting portion of the…

Lt. Governor Primavera Highlights Colorado’s Modular Housing Leadership, Creating More Housing Coloradans Can Afford

October 24, 2024

Colorado Lt. Governor Primavera Highlights State’s Modular Housing Leadership at Boulder Mod Factory Ribbon Cutting Lt. Governor Primavera attended and provided remarks at the Boulder Mod Factory ribbon-cutting ceremony. This innovative partnership between the City of Boulder, Boulder Valley School District, and Flatirons Habitat for Humanity will help create more housing Coloradans can afford where…

hsbcad and Moducoreâ„¢ Announce New Strategic Collaboration

October 7, 2024

hsbcad and Moducoreâ„¢ Announce New Strategic Collaboration hsbcad and Moducoreâ„¢ announced today a new strategic collaboration to accelerate innovation in the offsite manufacturing industry. hsbcad is the leading global software solution provider for offsite timber construction. Moducore, a part of the 4Ward Solutions Group of companies, is the premier provider of operating systems for the offsite manufacturing…

Montana Strengthens Building Safety and Resilience by Adopting ICC/MBI Off-Site Construction Standards

October 4, 2024

Montana Strengthens Building Safety and Resilience by Adopting ICC/MBI Off-Site Construction Standards On September 20, 2024, the state of Montana approved the adoption of the International Code Council’s and Modular Building Institute’s (MBI) Standards 1200 and 1205. The adoption marks Montana’s commitment to the expanded use of off-site construction and the promotion of greater regulatory…

WillScot and McGrath RentCorp Mutually Agree to Terminate Previously Announced Combination

September 18, 2024

WillScot and McGrath RentCorp Mutually Agree to Terminate Previously Announced Combination WillScot Holdings Corporation (“WillScot” or the “Company”), a leader in innovative temporary flexible space solutions, today announced that it has entered into an agreement with McGrath RentCorp (“McGrath”) to terminate the companies’ previously announced merger, pursuant to the terms of the January 28, 2024…

OEDIT Announces $24 Million in Proposition 123 Funding for Modular and Innovative Housing Projects

September 13, 2024

Colorado OEDIT Announces $24 Million in Proposition 123 Funding for Modular and Innovative Housing Projects Today, the Colorado Office of Economic Development and International Trade (OEDIT) announced that $24 million from the Proposition 123 Affordable Housing Financing Fund will prioritize funding housing projects that utilize products from Colorado-based, off-site housing manufacturers. In June, the State…