Press Release
December 26, 2024

KBS Builders Wins $2.1M Vermont Multifamily Contract

SOUTH PARIS, Maine - KBS Builders, Inc., a leader in modular manufacturing in New England, has announced the signing of a $2.1 million contract for a multifamily apartment project in Randolph, Vermont. Under the terms of the agreement, KBS will manufacture 16 modules to construct 12 apartments across 3 buildings, with manufacturing set to begin in February and delivery slated for the second quarter of 2025.

The selection of KBS for this project highlights the Company’s strong reputation in New England's construction sector, especially for commercial projects. Modular manufacturing provides clients with the ability to complete high-quality, custom projects at an accelerated pace, and KBS continues to be the region’s preferred modular manufacturer.

Thatcher Butcher, President of KBS, commented, “We are proud to announce yet another large commercial contract in the New England area, which exemplifies our strong reputation for high-quality and efficient work. This $2.1 million contract for multifamily apartments follows the two contracts totaling $4.6 million we recently announced for affordable housing projects in Maine, and represents the diversity of our expertise in the commercial construction market. We are encouraged by the recent momentum shift we are seeing from customers who are now releasing projects which were put on hold earlier in the year. We continue to enhance our capabilities in custom, affordable, and timely construction for projects in the commercial space, and look forward to strengthening our already robust position in this market.”

About KBS Builders, Inc.

KBS designs and manufactures modular structures with a focus on residential housing, net-zero design, commercial, and mixed-use buildings. KBS collaborates with developers, contractors, architects, and builders to customize and create the specific modular structures they require. The Company’s main office and factory are located in South Paris, Maine, with a second factory in Oxford, Maine.