Katerra invested heavily in factory automation of prefabricated building components at its factory in Tracy, Calif. (Image courtesy of Katerra.)
Katerra, the billion-dollar construction technology startup, is making waves again, but this time it’s shockwaves. After the company filed for bankruptcy protection June 6 to implement financial restructuring, it has laid off hundreds of employees. The company could not be reached for confirmation, but reports that it was closing its doors are …
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