STOCKHOLM, Sweden, July 23, 2004 (PRIMEZONE) -- Skanska has been awarded the construction assignment to extend Cape Fear Valley Medical Center in Fayetteville, North Carolina. The contract is valued at SEK 672 M (USD 90 M) and is included in order bookings for the second quarter 2004. The customer is Cape Fear Valley Health System.
The extension comprises approximately 27,800 square meters (300,000-square-foot) and will among other facilities include an emergency department, a heart and vascular center, a critical care unit and a medical surgical unit. The project will also include a parking deck for 500 cars and renovation of 4,600 square meters (50,000-square-foot) of the existing parts of the hospital.
Construction work has started and is expected to be completed in 2007. Skanska has previously completed several projects at the hospital, including a cancer center.
Skanska USA Building Inc. is a leading national and local provider in the U.S. 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, part of the Skanska AB global group of companies, is headquartered in Parsippany, New Jersey, and has more than 5,300 employees in the U.S. Skanska USA Building's sales in 2003 amounted to SEK 29 billion, USD 3.7 billion.
For further information please contact:
Tom Crane, Senior Vice President, Corporate Communications, Skanska USA Building, tel +1 973 285 8004 Peter Gimbe, Senior Vice President, Communications, Skanska AB, tel +46 8 753 88 38
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