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Volumetric Building Companies receives bankruptcy court approval to purchase Katerra’s Tracy, CA assets

by Cristoina Diaconu
August 4, 2021
in Business & Legal
RWES RWES RWES

Volumetric Building Companies receives bankruptcy court approval to purchase Katerra’s Tracy, CA assets : Deal Builds West Coast Presence for VBC, Increasing Scope to Fuel Further  Growth  

Volumetric Building Companies (VBC),  announced today that the company has received approval from the United  States Bankruptcy Court for the Southern District of Texas (Houston Division) to purchase Katerra, Inc. assets, including the lease and tenant improvement  of their state-of-the-art manufacturing facility and offices in Tracy, CA. Katerra  filed for bankruptcy protection on June 6, 2021 and the transaction is part of a  court supervised sale of its assets.  

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The 577,000 square foot Tracy, CA factory, which opened in 2019, is a highly  automated production facility designed for the manufacturing of building  components, including wall panels, floor systems, roof trusses, windows,  cabinets and countertops. The newly built offices and showrooms include  50,000 square feet of custom fit-out and furnishings, conference rooms, model  display areas and office suites. 

“With the continued growth and success of VBC, we were exploring options to  expand our manufacturing footprint and industry influence,” said Vaughan  Buckley, Chief Executive Officer of VBC. “Katerra’s Tracy location provides an  exceptional opportunity to bring our hands-on construction and  manufacturing expertise to a state-of-the-art facility and build our presence  on the West Coast. We look forward to moving quickly to allow displaced staff  members to return to work, restart production and support the needs of a very  robust construction environment.”  

VBC is encouraging former Katerra employees to apply to work at the Tracy  location as it reopens and begins production by visiting 

https://www.vbc.co/tracy/. VBC is looking to begin manufacturing of windows,  cabinetry, countertops, trusses & panelized building components in 60 – 90  days and has plans to produce modular housing components in 2022. 

“Katerra’s bankruptcy and the shutdown of the Tracy location significantly  impacted its employees as well as a wide range of customers,” added Buckley.  “We are hopeful that we can provide jobs to many of those employees and  help address the needs of those customers. We well understand the current  state of play in the construction sector and our goal is to provide great  products, superior service and customized solutions for the vibrant California  and western U.S. markets.”

About VBC 

Volumetric Building Companies is a volumetric modular business  headquartered in Philadelphia, PA that is building the future of housing by  integrating technology, architecture, logistics, manufacturing and construction  into a single offering to produce multifamily housing solutions in less time at a  greater return.


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