Frequently Asked Questions

What is BuildPanel™?

 BuildPaneltm is a platform for building high quality structures. BuildPaneltm is an easy to use, fast assembly system of structural shear panels that “click” together using self- registering edge-formed slip joints. The system can be used to create a myriad of structures for housing, offices, industrial and medical projects.

What is BuildPanel™’s Value Proposition?

Compared to the average building company, BuildPanel™ provides the following values:

• Material cost savings – 40%

• Labour cost savings – 90%

• Maintenance cost savings – 65% – 80% (depends on competing material system)

• Superior design aesthetics

• Superior engineering

• Standardized quality

• “Micro” building schedule

What are the market needs?

Customer “pain” across all target markets is similar; each customer segment has a pressing need to lower the costs associated with building while maintaining quality. Whether it is a home owner wanting to build a new garage or an NGO needing to develop a new community in an emerging nation, they all have the same need to make the construction process faster and more affordable without sacrificing quality.  BuildPaneltm solves this “pain” by:

• Lowering building material costs – BuildPaneltm limits structural requirements for lumber, minimizing wood waste and costs 

• Lowering labour costs – Labour is the largest input cost when building a structure (and often one of the biggest headaches). In the new economic environment, consumers are trending to saving as much as possible by using their own labour (DIY). The DIY route, though favored, poses many problems since current building systems require skilled labour with a strong knowledge base of construction and specialized tools. BuildPaneltm is engineered to eliminate both the need for skilled labor and the added costs of purchasing specialized construction tools.

• Introducing “Micro” Building Schedules – BuildPaneltm dramatically reduces building times by eliminating the need for carpentry labour (framing, sheeting, nailing, cutting to size), finishing (carpentry, interior and exterior painting) and weatherproofing (roofing, vapor barrier install).

Who is the target market?

Home Organization Market: Home organization is a $3 billion a year market with storage sheds, small work-shops, and garages representing the vast majority of sales. 75% of consumers in this market plan to build these structures themselves and 60% of consumers spend more than $500 on these structures. BuildPaneltm products will be marketed to a wide variety of price points and will compete with PVC products in the smaller footprint sizes

Micro Homes: This market including vacation cabins, cottages, carriage houses, laneway houses, granny pads. This segment is a relatively new trend in building in North America but is growing rapidly as rising housing prices force home owners to create more value on their properties. This market is expected to see a massive expansion as baby boomers leave the workforce and start to move in with relatives due to fixed income issues. It is currently estimated to be around $8 billion per year

Disaster Relief: Disaster Relief shelter is an $11 billion per year market which is growing. Disaster relief requires a housing solution that is quick to assemble, lightweight, capable of being moved, and comfortable enough to live in for an extended period. Governments, NGO’s and aid organizations are continually looking for something better than a tent solution which typically has a 6 month life cycle.

Emerging Nation Housing: Emerging economies in Africa, Asia, and South America are facing a severe lack of affordable housing which cannot be satisfied using current building technologies. Deloitte Consultants, The Harvard Monitor Group, and KPMG have identified a dire need to house people making $2 to $5 per day. This demographic has the potential to be the driving force in economies around the world. The emerging nation housing market is a $250 billion (plus) segment directly tied to population growth. 

Agriculture, animal shelters, industrial enclosures, POS display/storage: The industrial structure market includes sanitary animal shelters (new born calves, swine, horse stalls), industrial enclosures to protect equipment, fume hoods, food storage, outside storage for retail goods.

What is the environmental impact of BuildPanel™ Technology?

BuildPaneltm is positioned as a “green” non-toxic wood building system that is 40% lower cost, uses 90% less labor to construct and has a 65% lower maintenance costs.

Who/what is the competition?

There is a myriad of modular structural products out there. BuildPaneltm is unique in that it provides high value, custom structures that are economical enough to be used as affordable housing in emerging nations. No competing platform can supply this functionality. Because BuildPaneltm does not support mold growth, the structures are “healthy”; this will become a desired property as nations increasingly suffer through pandemic diseases (SARS, MERS, Ebola, viruses etx.).

What markets are BuildPanel™ developing for?

BuildPaneltm products supply multi-faceted markets:

• Home Organization Market – a $3 billion a year market with storage sheds, small work-shops, and garages representing the vast majority of sales

• Micro Homes – a $8 billion per year that includes vacation cabins, cottages, carriage houses, laneway houses 

• Emerging Nation Housing – Deloitte Consultants, The Harvard Monitor Group, and KPMG have identified a dire need to house people making $2 to $5 per day.  The emerging nation housing market is a $250 billion (plus) segment directly tied to population growth