Skanska signs additional contract to expand airport in Portland, Oregon for $80 million

Press release 12/16/2020 7:00 AM EST

Skanska has signed a contract amendment with the Port of Portland for improvements to the Portland International Airport in Portland, Oregon in a joint venture with Hoffman Construction Company. Skanska’s share of the contract is worth $80 million, which will be included in the US order bookings for the fourth quarter 2020.

The contract includes work on the Terminal Core Expansion project, comprising site work, temporary facilities, structure and roofing.

Construction is underway and is scheduled for completion in 2025.