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Skanska builds four new schools in Harrison, OH, USA, for USD 54 M, about SEK 495 M

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Skanska has signed a contract with Southwest Local School District and the Ohio Facilities Construction Commission to build four new school buildings in Harrison, OH, USA. Skanska, leading a joint venture with Megen Construction Company, Inc., will include its 70 percent share of the contract, totaling USD 54 M, about SEK 495 M, in the US order bookings for the fourth quarter 2018.

The total contract being split is worth USD 75 M.

This 34,000-square meter building program involves replacing five existing schools with three new elementary schools and one new middle school. The new schools are designed to be LEED Silver certified.

Construction will begin in June 2019, and the project is expected to be complete in September 2021.

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 US markets. Skanska USA had sales of SEK 59 billion in 2017 and has approximately 9,500 employees.

For further information, please contact:

Patric Elmén, acting Head of Media Relations, tel +46 (0) 449 31 34

Pamela Monastra, Communications, Skanska USA, tel +1 404 946 75 33

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com

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.