Skanska to build new dining hall for James Madison University in Virginia, USA, for USD 42M, about SEK 355M

Press release 11/7/2016 2:00 AM EST

Skanska has signed a USD 42M, about SEK 355M, contract with James
Madison University to construct its new dining hall in Harrisonburg,
Virginia. Skanska USA Building will include the full value of USD 42M,
about SEK 355M, in its fourth quarter order bookings.

The new dining hall will be located in the center of campus. With about
10,000 square meters, it will seat 1,500 students and faculty. This building
is targeted for LEED® Silver certification.

Skanska began construction in May 2016. The project is slated for
completion in summer 2018.

Skanska USA is one of the leading development and construction
companies in the country, consisting of four business units: Skanska USA
Building, which specializes in building construction; Skanska USA Civil,
specialized in civil infrastructure; Skanska Infrastructure Development,
which develops public-private partnerships; and Skanska USA
Commercial Development, which develops commercial projects in select
U.S. markets. Headquartered in New York, Skanska USA has more than
10,000 employees and its 2015 revenues were SEK 54.5 billion.