Skanska Constructs Boeing Paint Facility in Charleston, USA, for USD 82 M, about SEK 560 M

ÖSTERSUND, Sweden--()--Regulatory News:

Skanska (STO:SKAB) has signed a contract with The Boeing Company to build their Commercial Airplane Decorative Paint Facility in Charleston, South Carolina. The contract is worth USD 82 M, about SEK 560 M, which will be included in order bookings for Skanska USA Building for the fourth quarter of 2014.

The project is a 35,000 square meter facility used to paint Boeing’s 787 aircraft. The facility includes two paint bays, office towers, and mechanical and electrical rooms. The facility has an extensive MEP system to handle the airflow requirements for the paint process.

Construction started in November 2014 and is expected to be completed in November 2016.

Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development North America, which develops public-private partnerships; and Skanska USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 9,600 employees and its 2013 revenues were SEK 43.5 billion.

Skanska AB may be required to disclose the information provided herein pursuant to the Securities Markets Act. Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 57,000 employees in selected home markets in Europe and the US. Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in 2013 totaled SEK 136 billion.

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

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Contacts

Skanska USA
Pamela Monastra
Senior Director SE Communications,
tel: +1 404 946 7533
or
Skanska AB
Edvard Lind
Head of Media Relations
tel +46 (0)10-448 88 08
or
Direct line for media: tel +46 (0)10 448 88 99

Contacts

Skanska USA
Pamela Monastra
Senior Director SE Communications,
tel: +1 404 946 7533
or
Skanska AB
Edvard Lind
Head of Media Relations
tel +46 (0)10-448 88 08
or
Direct line for media: tel +46 (0)10 448 88 99