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Skanska builds new high school in Sherwood, USA, for USD 77 M, about SEK 640 M

Press release 6/27/2018 9:00 AM EST

Skanska has signed a contract with the Sherwood School District to construct a new high school for the school district in Portland, Oregon, USA. The contract is worth USD 77 M, about SEK 640 M, which will be included in the US order bookings for the second quarter of 2018.

The project consists of a new 32,800 square meter facility for the school
district. The school is planned to accommodate 2,000 students, with the
ability to expand to 2,400 students. The campus will include a performing
arts center, science and technology classrooms, and multiple gymnasiums.
Additionally, it will also include seven sports fields and a football complex.

Construction is under way and will conclude in time for the 2020-21 school
year.

Skanska is one of the leading construction and development companies in the USA, specializing in building construction, civil infrastructure, public-private partnerships and commercial property developments in select US markets. Skanska USA had sales of SEK 59 billion in 2017 and has approximately 9,500 employees.