Skanska to Construct World Trade Center Project in New York

Press release 3/17/2010 10:46 AM EST

Skanska, in a joint venture with Granite Construction, has been awarded a $542 million contract to construct the new PATH station at the site of the World Trade Center in New York City. Skanska’s share of the contract is 80 percent, corresponding to $434 million, which will be included in order bookings for the first quarter. The customer is the Port Authority of New York and New Jersey.