A major Australian construction company, Lendlease, factory to spearhead $1b construction disruption
According to The Australian Financial Review today, construction heavyweight Lendlease will open a factory in Sydney next year with plans to manufacture $1 billion worth of pre-fabricated building material over the next five years.
The potential savings in time, waste, and labour effort are significant. For Lendlease's Australian property chief, Tarun Gupta, that means increased safety, lower costs and better productivity.
The western Sydney factory will employ 40 to 50 workers at peak production. Another 15 to 20 more staff will be devoted to the high-tech design work required for pre-fab products.
"These jobs currently don't exist in NSW. These are new jobs leveraging the innovative technology that we are pursuing," Mr Gupta said. "That should lead to better efficiency and therefore better productivity."
Construction time on some projects could be cut by as much has 50 per cent. Pre-fabrication also limits wastage, often amounting to 10 per cent to 15 per cent on sites.
The more that's done in a factory, the faster and cheaper building becomes.
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