Press release (regulatory)
Skanska builds transit facility in Northeast, USA, for USD 54 M, about SEK 351 M
Skanska has signed a contract with the Worcester Regional Transit Authority to build the agency’s new maintenance and operations facility in Worcester, Massachusetts, USA. Of the anticipated total project value, which is approximately USD 60 M, about SEK 390 M, Skanska USA Building has included SEK 54 M, about SEK 351 M, in order bookings for the second quarter of 2014.
Skanska will construct a new 14,000 square-meter facility, which will include administrative offices, a public meeting space, operations dispatching, bus storage, maintenance shops and additional parking.
Construction has begun and substantial completion is expected in the first quarter of 2016.
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.
For further information, please contact:
Beth Miller, Communications Manager, Skanska USA, tel: +1 917 438 4523
Edvard Lind, Head of Media Relations, Skanska AB, tel +46 (0)10-448 88 08
Direct line for media: tel +46 (0)10 448 88 99
This and previous releases can also be found at www.skanska.com
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