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Skanska constructs medical building in Connecticut for USD 149 M

Press release 3/3/2014 9:43 AM EST

Skanska has signed an additional contract to build a new special medical building for Stamford Hospital in Connecticut, USA. The contract value, USD 149 M, about SEK 965 M, will be included in order bookings for Skanska USA Building for the first quarter of 2014.

Skanska began construction on the renovation and expansion project for Stamford Hospital to expand the hospital’s services and capacity in 2012. The new 60,000 square-meter medical specialty building will be constructed on the existing Stamford Hospital Campus.

Construction on the new building began in spring 2013, and is expected to be completed in spring 2016.

Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development North America, which develops public-private partnerships; and Skanska USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 9,600 employees and its 2013 revenues were SEK 43.5 billion.