Skanska renovates facility near Philadelphia, USA, for USD 85M, about SEK 730M

12/27/2017 8:30 AM CET
Press release

Skanska has signed a contract with Boeing to renovate a facility near Philadelphia, Pennsylvania, USA. The contract is worth USD 85M, about SEK 730M, which will be included in the US order bookings for the fourth quarter 2017.

Skanska will renovate an existing 28,000-square-meter facility in Ridley Township, as well as 4,600-square-meter of office space.

Construction is underway and is scheduled to be completed by March 2019.

Skanska is one of the leading development and construction companies in USA, specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska also offers services in public-private partnerships. Skanska USA had sales of SEK 59 billion in 2016 and had about 9,300 employees in its operations.