Skanska books additional order for ongoing project in New York City, USA, worth USD 57 M, about SEK 480 M

4/10/2015 9:15 AM CET
Press release

Skanska has booked an addtional order for its ongoing project with Economic Development Corporation (NYCEDC) to rebuild the Rockaway Beach boardwalk in New York City, USA. Skanska will include this latest incremental installment, USD 57 M, about SEK 480 M, in order bookings for Skanska USA Building for the first quarter of 2015.

Skanska is rebuilding nearly 8 kilometers of the Rockaway Beach boardwalk, which was damaged during Hurricane Sandy in October 2012. NYCEDC is managing the project on behalf of New York City Department of Parks & Recreation.

Construction is underway and substantial completion is expected in spring 2017.

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 2014 revenues were SEK 43.5 billion.