GONZALO GONZALEZ JOINS iBUILT AS CHIEF MANUFACTURING OFFICER

Gonzalo Gonzalez, Former Senior Director of Manufacturing Engineering at Tesla and Vice President of Operations and Engineering at Jabil, Joins iBUILT as Chief Manufacturing Officer

Gonzalo Gonzalez joins iBUILT with more than 20 years of experience in world-class manufacturing environments and driving innovation by harnessing new technologies in the areas of systems, automation, equipment, and processes. At iBUILT, Mr. Gonzalez will oversee the company’s offsite, integrated manufacturing operations to reimagine the fundamentals of construction and development

New York, NY (January 6, 2021) — iBUILT, the new design-build-operate company powered by state-of-the-art technology, today announced that Gonzalo Gonzalez, manufacturing and electronic engineering expert and former Senior Director of Manufacturing Engineering at Tesla and Vice President of Operations and Engineering at Jabil, has joined the company as Chief Manufacturing Officer. In this position, Mr. Gonzalez will play a key role in driving the manufacturing innovations that will underscore the company’s transformative, product-based approach to constructing buildings offsite, producing structures with a standardized set of components and highly customizable designs.

Mr. Gonzalez brings over 20 years of experience in designing, leading, and driving large-scale and highly efficient manufacturing solutions to head the company’s offsite manufacturing at iBUILT’s facility in Pennsylvania. In addition to overseeing the day-to-day operations, Mr.

Gonzalez will help nurture and develop the on-site company culture, focusing on upskilling workers and creating an environment that enhances learning and advances innovation.

“iBUILT is disruptive. This company is reimagining the fundamentals of the construction industry by streamlining the design and build processes and making great strides towards efficiency,” said Gonzalo Gonzalez, the newly hired Chief Manufacturing Officer at iBUILT. “Although the construction industry is one of the largest in the world, it’s the least digitized and has lacked innovation for decades. Joining the team presents an opportunity to be a changemaker and to create better and more efficient ways to build.”

iBUILT launched in November 2020 with over $150 million in signed deals and $600 million of new deals in negotiation, and since launching the company has increased its pipeline of new deals in negotiation to over $1 billion. The company is redefining the construction value proposition by re-imagining the entire design, development and construction processes to create end products—buildings—that are more sustainable, meet the highest standards nationally and are “smarter” than those that result from a traditional development approach. To achieve approximately 20% lower construction cost and 50% faster construction, iBUILT uses state-of-the-art technology and controlled offsite manufacturing, and seamlessly integrates design, detailing, fabrication and onsite assembly.

“Gonzalo is a leader in manufacturing and we are thrilled to have him join the iBUILT team. His deep experience in manufacturing environments around the world provides him the insight and skills necessary to deliver top-tier products at scale. We are bringing together all the critical pieces to transform how buildings are built, and Gonzalo will play a lead role in streamlining our design and manufacturing process. The ability to attract Gonzalo from Tesla speaks volumes about the potential here at iBUILT, and this vision has already attracted a range of world class small- and medium-sized enterprises,” said Ayall Schanzer, Chief Strategy Officer at iBUILT.

Before joining iBUILT, Mr. Gonzalez served as Senior Director of Manufacturing Engineering at Tesla, where he led the engineering teams responsible for manufacturing Tesla’s battery pack, drive unit, and energy storage systems. He worked on upgrading the Model 3 and Model Y and spearheaded automation solutions that optimized the overall manufacturing process.

Throughout Mr. Gonzalez’s tenure at the company, millions of dollars in operational cost savings were created by solving Tesla’s battery production and assembly issues and streamlining operations.

Previously, Mr. Gonzalez was Vice President of Operations and Engineering at Jabil, a product solutions company that provides comprehensive electronics design and production. At Jabil, Mr. Gonzalez was responsible for a $2.6 billion operation and 15,000 employees working at sites in China, Taiwan, Indonesia, and across the United States. He led the Automation Group, delivering automation solutions and standardized processes across Jabil’s manufacturing locations. Mr. Gonzalez played an integral role in managing Jabil’s client relationships with Apple and GoPro, advancing their manufacturing and production processes.

Mr. Gonzalez’s experiences leading the manufacturing and development of some of the most cutting-edge technologies position him perfectly to head iBUILT’s offsite, integrated manufacturing operation. Mr. Gonzalez has high expectations for the manufacturing team that iBUILT is creating; he knows the value of a strong workplace culture and an efficient, collaborative, and fundamentally-sound work environment.

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About iBUILT

iBUILT is redefining the construction paradigm by putting developers and owners first in every aspect of its business and using end-to-end technology and offsite manufacturing to eliminate inefficiencies at each stage of the building lifecycle, in order to build better buildings in half the time at significant cost savings.

iBUILT combines the assets of Deluxe Modular, an industry leader in modular construction for over five decades, with new technology and approaches to transform the way buildings are built

and managed. The company’s 24-acre manufacturing campus and three manufacturing facilities provide enormous manufacturing capacity and easy access to rail, ship and truck transportation.

To learn more about iBUILT, visit www.ibuilt.com.

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