Industry Analysis & Industry Trends
The Factory and Industrial Building Construction industry is responsible for the construction of a wide variety of buildings, ranging in construction complexity from simple tilt-wall warehouse space to sophisticated purpose-built laboratories that deliver high-security and humidity-controlled environments. The industry is the smallest of the non-residential building industries, with revenue projected at $6.5 billion in 2014-15. This represents an increase of 3.4% on the previous year due to the return of investment to the industrial property market as a result of the relatively high yields and signs of stronger general economic growth.
The industry is projected to record strong revenue growth of an annualised 4.6% over the five years through 2014-15... purchase to read more
Industry Report - Industry Investment Chapter
Like most industries in the Construction division, the Factory and Industrial Building Construction industry is highly labour-intensive. The principal value added by the industry is through the provision of project management services and trade skills.
Factory and industrial building projects typically require a substantial heavy machinery input into construction, including earthmoving equipment for site preparation and foundations, cranes to position prefabricated and structural components, hoists to handle building materials, scaffolding, power generators, portable compression units and hydraulic pumps. The industry's fixed capital expenditure is low... purchase to read more