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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.,
The manager will determine what he can salvage from a legacy of decline that has left Motown on the cusp of bankruptcy. But out of the ashes of this monumental collapse — and in the midst of one of the most run-down neighborhoods in Detroit — a remarkable revival is rising like a phoenix.
city in history to file for bankruptcy. But out of the ashes of this monumental collapse— and in the midst of one of the most run-down neighborhoods in Detroit—a remarkable revival is rising like a phoenix. The manager will determine what he can salvage from a legacy of decline that recently made Motown the largest U.S.
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.
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.,
Naval Air Facility in Goodyear, now known as Phoenix/Goodyear Airport, was designated as an MRZ. In 2001 the MRZ designation was renewed for the former Williams Air Force Base, now known as Williams Gateway Airport. In December 2002, the former U.S. An applicant for the MRZ program must be located within an MRZ to qualify for the benefits.
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