Skanska repairs sections of expressway in New York, USA, for USD 63M, about SEK 530M
Skanska has signed a contract with the New York State Department of Transportation for the rehabilitation of sections of an expressway in New York, USA. The contract is worth USD 63M, about SEK 530M, which will be included in the order bookings for Skanska USA Civil in the third quarter 2016.
The steel repair project of Interstate 278 in Brooklyn will include structural steel rehabilitation, including replacement and repainting.
Construction is underway and is slated for completion in November 2018.
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, 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 10,000 employees and its 2015 revenues were SEK 54.5 billion.