Skanska lands $710 million new contracts in US

Published: 22-Jan-2010

Skanska USA has been awarded an estimated SEK5.1 billion ($710 million) worth two contracts in the northeastern US.

The first contract is for a major infrastructure project executed by Skanska USA Civil. The contract amounts to SEK3.6 billion ($510 million). The second assignment relates to another phase of an ongoing project executed by Skanska USA Building.

Skanska USA is a development and construction company in US. The company consists of four business units including Skanska USA Building, which specializes in commercial building construction; Skanska USA Civil, which specializes in civil infrastructure; Skanska Infrastructure Development, which develops public-private partnerships; and Skanska Commercial Development, which develops commercial development projects in select US markets. Headquartered in New York, Skanska USA has approximately 7,000 employees and its 2008 revenues were $6.3 billion.

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