Posted 29.10.20
Swan: Further reading
Swan / NU living has announced the acquisition of a 15-year lease of Basildon 117, a newly built 116,841 sq ft industrial unit, opposite their existing modular housing factory in Basildon, Essex.
Unit 117, which was developed by Panattoni, will be used by Swan, through its NU living development subsidiary, to manufacture light gauge steel modular housing and will operate alongside Swan's existing Cross Laminated Timber volumetric system delivered in its current factory.
This expanded capacity will not only allow Swan to build high quality modular homes for its own secured development pipeline but also will position NU living, in time, to provide additional capacity to support Swan's partners and other stakeholders in meeting the growing expectation from Government for a proportion of modular housing to be incorporated in their own programmes.
With both factories in full operation, NU living will eventually be capable of delivering over 1,000 modular homes each year.
The second NU living factory is expected, by the time it is in full production, to create over 120 additional jobs and will see further significant investment by Swan in training and skills.
It is due to commence production in Spring 2021.
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