Skanska to renovate academic facility in Connecticut, USA, for USD 111M, about SEK 1 billion

Skanska has signed a contract to renovate a 200,000-square-foot academic building in Connecticut, USA. The contract is worth USD 111M, about SEK 1 billion, and will be included in the order bookings for Skanska USA in the third quarter of 2018.

Skanska will restore the building’s interior and exterior, including replacing its MEP systems. Construction is underway and is scheduled for completion in April 2020.

Skanska is one of the leading construction and development companies in the USA, specializing in building construction, civil infrastructure, public-private partnerships, and commercial property developments in select U.S. markets. Skanska USA had sales of SEK 59 billion in 2017 and has approximately 9,500 employees.

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 40,000 employees. Skanska’s sales in 2017 totaled SEK 161 billion.