Skanska announce order cancellation in USA Building for a total of USD 54 M, about SEK 440 M

3/6/2015 8:45 AM CET
Press release

Skanska announces that Louisiana State University (LSU) in Baton Rouge, Louisiana, has cancelled the order of constructing the Patrick F. Taylor Hall building worth about USD 54 M, about SEK 440 M. The cancellation will reduce the order bookings for Skanska USA Building in the first quarter 2015.

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 2013 revenues were SEK 43.5 billion.