article thumbnail

Modular Builder VBC On the Verge of $25-Million Buy for Katerra Assets

Pro Builder

Volumetric Building Companies (VBC) is in the final stages of a $25-million bankruptcy acquisition of Katerra’s former headquarters in Tracy, Calif. Katerra was founded in 2015 as a startup that brought design, manufacturing, and building construction under one roof, initially in a manufacturing facility in Phoenix, Ariz.,

article thumbnail

Home Builder Success and the Fragility of Good Things

Pro Builder

Shortly after, I read another piece on bankruptcies in home building, and soon I was thinking of the more than 250 builders I’ve worked with over more than three decades and wondering: Does this “ Anna Karenina Principle ” about families also apply to home building? Without a ready market to buy your product, you’re wasting your time.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Yes, we know that Detroit became the largest city in history to file for bankruptcy protection, a process the city is expected to emerge from this year. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. ThermoCalc, TIMET, Trumpf, Inc.,

Metro 111
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

USDA Rural Development in Alabama: A variety of loan, grant, and loan guarantee programs, plus technical assistance in the areas of business and industry, cooperative development, rural housing, community facilities, water and waste disposal, and telecommunications, including distance learning and telemedicine. TAX INCENTIVES.

Income 108