Skanska upgrades industrial manufacturing facility in the Midwest, USA, for USD 88 M, about SEK 810 M

Skanska has signed a contract to upgrade an industrial manufacturing facility for a client in the Midwest, USA. The total project value is USD 88 M, about SEK 810 M, which will be included in the US order bookings for the first quarter of 2019.

Skanska will self-perform all mechanical, electrical and civil construction portions of the project.

Work commences in April 2019 with anticipated completion in September 2020.

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.

For further information please contact:

Michael Iacovella, Communications, Skanska USA tel: +1 917 438 33 77

Jacob Birkeland, Head of Media Relations, Skanska AB, tel +46 (0)10 449 19 57

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 a world leader in construction and project development on select markets in the Nordic region, Europe and USA. Driven by the Group’s values, Skanska wants to contribute to a better society. Skanska provides innovative, sustainable solutions for both simple and complex assignments. Skanska has about 38,000 employees, and 2018 revenue totaled SEK 170 billion.

About Us

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 38,000 employees. Skanska's sales in 2018 totaled SEK 170 billion.