What is the Factory and Industrial Building Construction industry?
Industry firms provide construction services to industrial property developers, acting mainly as prime contractors or joint venture-developers but also as subcontractors. Industry firms operating as prime contractors on industrial building projects generate the bulk of industry revenue and are increasingly involved in both the design and construction of projects. Prime contractors take responsibility for the procurement and specification of building materials and the recruitment of skilled labour and subcontractors.
The construction of warehouses, distribution facilities and logistics centres is the industry's largest segment, accounting for an estimated 61.7% of revenue in 2016-17... purchase to read more