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Skanska secures construction management assignment for USD 61 M (SEK 450 M) for hospital project in Ohio

11/15/2005 8:36 AM CET
Press release

Skanska has secured a contract for construction management of a new hospital in Ohio. The total value of the project is USD 109 M. Skanska’s portion of the contract amount is USD 61 M, approximately SEK 450 M, which is included in fourth-quarter order bookings.

   Press Release


November 15, 2005

 

Skanska secures construction management assignment for USD 61 M (SEK 450 M) for hospital project in Ohio

Skanska has secured a contract for construction management of a new hospital in Ohio. The total value of the project is USD 109 M. Skanska's portion of the contract amount is USD 61 M, approximately SEK 450 M, which is included in fourth-quarter order bookings.

Skanska is responsible for construction management of the project comprising a 214-bed, 50,000 square meter (523,000 square foot) hospital and rehabilitation center as well as a power house on a campus setting. The new buildings will replace an existing hospital.

Preparatory work has already begun. Construction will begin next autumn and the project is scheduled to be completed in December 2007.

The project is being carried out by Skanska USA Building's unit in Michigan in a joint venture with Shook Construction.

Skanska USA Building Inc. is a leading construction company in the US providing construction, pre-construction consulting, general contracting design-build and pharmaceutical validation services to a broad range of U.S. industries, including pharmaceutical and biopharmaceutical, educational, high-tech, healthcare, aviation, transportation and sports and entertainment.  The company is headquartered in Parsippany, New Jersey, and has 4,000 employees.

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For further information please contact:

Tom Crane, Senior Vice President, Corporate Communications, Skanska USA Building,
tel +1 973 285 8004
Anders Lilja, Senior Vice President, Investor Relations,
Skanska AB, tel +46 8 753 88 01