Skanska upgrades PATH’s Exchange Place and Newport Stations in NJ, USA, for USD 36 M, about SEK 320 M

Press release 1/10/2019 8:00 AM EST

Skanska has signed a contract with the Port Authority of New York and New Jersey to deliver upgrades to the PATH’s Exchange Place and Newport stations. The contract is worth USD 36M, about SEK 320 M, which will be included in the US order bookings for the fourth quarter of 2018.

Skanska will remove and replace a total of six elevators and seven escalators at the two PATH stations, which are located in Jersey City, New Jersey. The work has been sequenced so PATH is able to maintain the current ridership levels at each station.

Construction is ongoing and will continue through 2022.