Skanska upgrades industrial manufacturing facility in the Midwest, USA, for USD 88 M, about SEK 810 M

Press release 4/12/2019 9:00 AM EST

Skanska has signed a contract to upgrade an industrial manufacturing facility for a client in the Midwest, USA.

The total project value is USD 88 M, about SEK 810 M, which will be included in the US order bookings for the first quarter of 2019.

Skanska will self-perform all mechanical, electrical and civil construction portions of the project.

Work commences in April 2019 with anticipated completion in September 2020.

Skanska is one of the leading development and construction companies in USA, specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 67 billion in 2018 and had about 9,000 employees in its operations.