Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / SKSBF - Skanska Builds the South Coast Rail Expansion Fall River Secondary Line in MA USA for USD 79 M About SEK 760 M


SKSBF - Skanska Builds the South Coast Rail Expansion Fall River Secondary Line in MA USA for USD 79 M About SEK 760 M

OSTERSUND, Sweden, July 9, 2020 /PRNewswire/ -- Skanska has, as part of a joint venture with D.W. White Construction, signed a contract with Massachusetts Bay Transportation Authority (MBTA) to build the Fall River Secondary Line, the first major package of the South Coast Rail Phase 1 Expansion in Massachusetts, USA. The total contract is worth USD 159 M. Skanska will include its USD 79 M portion of the contract, about SEK 760 M, in the US order bookings for the second quarter 2020.

The project includes two new stations, in Freetown and in Fall River, and a layover facility for train storage in Fall River. The contract also includes 19 kilometers of track, eight railroad bridges, ten grade crossings and additional systems infrastructure.

Construction began in June 2020 and is scheduled for completion in October 2022.

Skanska is one of the leading construction- and development companies in USA, specializing in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 74 billion and about 7,900 employees in its operations in 2019.

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

For further information please contact:
Brittany Felteau
Communications Manager
Skanska USA
tel +1-617-574-14-85

Andreas Joons
Press Officer
Skanska A
tel +46-(0)10-449-04-94

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

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-builds-the-south-coast-rail-expansion--fall-river-secondary-line-in-ma--usa--for-usd-79-m--a,c3151146

The following files are available for download:

SOURCE Skanska

Stock Information

Company Name: Skanska AB
Stock Symbol: SKSBF
Market: OTC

Menu

SKSBF SKSBF Quote SKSBF Short SKSBF News SKSBF Articles SKSBF Message Board
Get SKSBF Alerts

News, Short Squeeze, Breakout and More Instantly...