Skanska Signs Additional Contract for Manufacturing Facility in Western USA for USD 48 M, About SEK 440 M

Skanska has booked an additional order with an existing client for the construction of a manufacturing facility in western USA. The incremental expansion of the contract is worth USD 48 M, about SEK 440 M, which will be included in the US order bookings for the first quarter 2019.

Skanska previously announced bookings for the same project in 2017.

Construction work is under way and the project is scheduled for completion in the second quarter of 2022.

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 USA had sales of SEK 67 billion in 2018 and had about 9,000 employees in its operations.