SKSBF - Skanska signs additional contract to expand airport in Portland Oregon USA for USD 84M about SEK 710M

PR Newswire

ÖSTERSUND, Sweden , June 15, 2021 /PRNewswire/ -- Skanska has, in a joint venture with Hoffman Construction Company, signed a contract amendment with the Port of Portland for improvements to the Portland International Airport in Portland, Oregon , USA. Skanska's share of the contract amendment is worth USD 84M , about SEK 710M , which will be included in the U.S. order bookings for the second quarter 2021.

The amendment includes work on the Terminal Core Expansion project, comprising structural, mechanical and electrical work and enclosure.

Construction is underway. Substantial completion is scheduled for 2025.

Skanska is one of the leading construction- and project development companies in U.S., specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 66 billion in 2020 and had about 7,600 employees in its operations.

CONTACT:

For further information please contact:

Yena Williams , Communications Director, Skanska USA , tel +1 213 514 2918

Andreas Joons , Press Officer, Skanska AB, tel +46 (0)10 449 04 94

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

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

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SOURCE Skanska