September 26th, 2018 1:46 PM by Eric Fang
Recent developments tell us that Amazon, Inc. (AMZN) has no intention of stopping at traditional retail, be it everything they sell on their site, or groceries. The most recent of those investments is a homebuilding start-up- Plant Prefab.
According to a report from CNBC, "Amazon said its Alexa Fund invested in Plant Prefab, a Southern California company that says it uses sustainable construction processes and materials to build prefabricated custom and multi-family houses." The report also said that the start-up had plans to use automation to build units more quickly and cheaply.