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News/May 14, 2012

FMI Whitepaper Addresses National Institute of Standards and Technology Recommendations

RALEIGH, N.C. (May 14, 2012) ─ FMI Corporation (www.fminet.com), the largest provider of investment banking and management consulting to the engineering and construction industry, announces the release of its latest whitepaper, “Modularization and Prefabrication—Role Development and Evolution.” The National Institute of Standards and Technology recently addressed ways to improve the competiveness and productivity of the construction industry in the United States. The institute noted that greater use of prefabrication, preassembly, modularization and off-site fabrication techniques and processes is one of the primary ways the industry could improve productivity and become more efficient during the next 20 years.

FMI’s experience confirms this view. When last surveyed about growth in prefabrication and modularization, 49 percent of Nonresidential Construction Index panelists expected growth to exceed five percent between 2011 and 2014.

To assist A/E/C firms in capitalizing on this trend, the FMI whitepaper discusses the process to successfully incorporate modular and prefab construction methods into projects. To help envision how the technique may apply in commercial projects, the paper also discusses techniques used in building the Astoria Power Plant in Queens, N.Y. and lodging for the 2010 Winter Olympic Games.

To download a copy of “Modularization and Prefabrication—Role Development and Evolution,” click here. For more information, contact Michael Landry, managing director of engineering. For reprint rights, contact Sarah Avallone at savallone@fminet.com.

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