But it has struggled under this model, and its main backer, SoftBank Group Corp., had to bail it out. Katerra Inc., a Silicon Valley-based startup, has been looking to move a bigger part of construction work to factories and become a one-stop shop that cuts out middlemen like plumbers and architects. Other efforts to streamline the construction process have also had issues. Transporting entire rooms to construction sites can be expensive, and some finished buildings have suffered from leaky facades. Modular construction isn't new, but companies have struggled to be profitable. The company said it is investing tens of millions of dollars in the modular venture, and plans to start working on its first projects early next year. MiTek has more than 6,000 employees and sells building components, construction software and services like engineering. The company plans to build entire rooms for hotels and apartment buildings in factories, and then send them to a construction site to be stacked on top of each other. MiTek Inc., a Missouri-based construction-technology company, is launching a new modular building venture with New York City-based architect Danny Forster & Architecture. aims to shake up the construction industry by making it more like car manufacturing. A startup owned by Warren Buffett's Berkshire Hathaway Inc.
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