Volumetric Building Cos., a Philadelphia-based volumetric modular builder focused on multifamily housing, has received approval from the U.S. Bankruptcy Court for the Southern District of Texas (Houston Division) to purchase Katerra assets, including its 577,000-square-foot factory in Tracy, California.
Katerra filed for bankruptcy protection on June 6, and the purchase of Katerra’s Tracy factory is part of a court-supervised sale of its assets.
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