STOCKHOLM, Sweden, April 5, 2005 (PRIMEZONE) -- Skanska has been selected to provide construction management services for a large pharmaceutical building program in Michigan, U.S., for one of its repeat customers within the pharmaceutical sector. The contract value is SEK 308 M (USD 43.3 M) and is included in order bookings for the first quarter of 2005.
The construction program involves a new two-story, 10,400-square-meter (112,000-square-foot) facility with steel frame and architectural metal panel exterior. The project also includes renovation of 2,300 square meters (25,000 square-foot) of existing space at an adjacent building.
The construction management assignment starts immediately and is scheduled to be completed by the end of 2006.
Skanska USA Building is a leading national and local provider of construction, pre-construction consulting, general contracting and design build services to a broad range of U.S. industries, including biopharmaceutical, educational, high-tech, healthcare, transportation and sports and entertainment. The company also provides pharmaceutical validation services of facilities for pharmaceutical and biopharmaceutical customers. The company is headquartered in Parsippany, New Jersey, and has more than 4,100 employees.
Skanska is one of the world's leading construction groups with expertise in construction, project development of commercial and residential projects and public-private partnerships. Skanska is committed to finding innovative solutions by cooperating closely with customers and combining the company's international expertise with local presence. The Group currently has 53,000 employees in selected home markets in Europe, in the U.S. and Latin America. Sales in 2004 totaled SEK 121 billion.
For further information please contact:
Anna Wenner, Press Officer, Skanska AB, tel +46 8 753 88 99 Tom Crane, Senior Vice President, Corporate Communications, Skanska USA Building, tel +1 973 285 8004
This and previous releases can also be found at www.skanska.com
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