Skanska signs additional contract for corporate office improvements in western USA for $51.1 million

Press release 7/12/2019 8:00 AM EST

Skanska has booked an additional order with an existing client for improvements to their corporate office in the western USA. The incremental contract with our joint venture of Skanska Balfour Beatty is worth $102.2 million; Skanska’s contract value is $51.1 million which will be included in the US order bookings for the second quarter 2019.

Construction is underway.

Skanska is one of the leading construction and development 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.