Skanska rebuilds the Lindsay C. Warren Bridge in Columbia, NC, USA, for USD 450M, about SEK 4.9 billion
Skanska (SKBSY) has secured a significant contract worth USD 450 million (SEK 4.9 billion) with the North Carolina Department of Transportation for rebuilding the Lindsay C. Warren Bridge in Columbia, North Carolina.
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Rhea-AI Summary
Skanska (SKBSY) has secured a significant contract worth USD 450 million (SEK 4.9 billion) with the North Carolina Department of Transportation for rebuilding the Lindsay C. Warren Bridge in Columbia, North Carolina. The project will be included in US order bookings for Q1 2025.
The new fixed-span, high-rise bridge will be constructed north of the existing 4.5-kilometer bridge, featuring two travel lanes and breakdown lanes on each side. The design eliminates mechanical delays by allowing unimpeded flow of both marine and vehicular traffic. Construction is scheduled to begin in January 2025 with completion expected by April 2030.
Positive
- Secured major USD 450M contract strengthening order backlog
- Project adds to Q1 2025 order bookings
- 5-year project provides long-term revenue visibility
Negative
- None.
Details
News Market Reaction – SKBSY
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The new fixed-span, high-rise design bridge will be constructed north of the current 4.5-kilometer (2.8-mile) bridge and serve as a reliable access point for
Work is slated to commence January 2025 and is expected to reach completion in April 2030.
For further information please contact:
Maritza Ferreira, VP of Communications, Skanska
Andreas Joons, Press Officer, Skanska Group, 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.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
20250129 US bridge rebuild |
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