Skanska-Megen Construction JV to Construct School Buildings in Fairfield, Ohio

Skanska in joint venture with Megen Construction has signed a contract with Fairfield City Schools and the Ohio Facilities Construction Commission to construct school buildings in Fairfield, Ohio.

The total value of the contract is USD 65 M, about SEK 550 M, and Skanska will include its share, USD 46 M, about SEK 390 M, in order bookings for Skanska USA Building for the second quarter of 2015.

The project includes the demolition of Central Elementary and Fairfield Freshman School, and construction of three school buildings with a total area of about 30,000 square meters. All three buildings have been pre-registered for LEED certification consideration.

Construction will begin in September 2015 with an anticipated completion date in August 2017.

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 10,000 employees and its 2014 revenues were SEK 43.5 billion.

Source: http://www.skanska.com/

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