Tuesday, June 1, 2021

Has Katerra Called it Quits in the US?

Katerra, once the darling of the off-site construction industry has closed its Tracy, California factory and laid off just about everyone.

Trying to be an Innovator, Disruptor and Leader of an entire industry are not easy and $200M in new funding, which comes on top of $2 billion already invested, was thought to allow construction startup, Katerra, to avoid bankruptcy. 

That's 2 with nine zeros! 2,000,000,000.

For any newly laid off Katerra employee that would like their resume posted on the Modcoach blogs, Modcoach News or Modular-home coach, send it over I'll post it for you free.

Gary Fleisher is the Managing Director and contributor to the Modcoach Network and its affiliated blogs.

Email at modcoach@gmail.com

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