Oireachtas Joint and Select Committees
Tuesday, 9 May 2023
Joint Oireachtas Committee on Housing, Planning and Local Government
Modern Construction Methods: Discussion (Resumed)
Mr. Tom Parlon:
There are plans to do so. If a company is turning out thousand of units per year, which is about the norm for the bigger ones, to double that again is a very substantial investment. I know one of our big house builders is working on a particular site to do that. Again, it is a matter of certainty and having a guarantee on investment. Some of the companies involved have been established a long time. Century Homes was the first big outfit that was eventually bought by Kingspan. That has continued to operate and it has grown. I think the output is about 8,000 units per year, as Mr. Downey said. That is eight big companies providing 1,000 units each.
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