April 8, 2010 (FinancialWire) — Swedish construction firm Skanska (STO: SKAB) (OTC: SKSBF) said it has secured two construction management assignments in the U.S. for a total of $160 million, corresponding to SEK 1,155 M, which it said will be included in order bookings for the first quarter.

According to Skanska, one of the contracts pertains to the extension of a hospital in Florida for $95 million. The new hospital building will be completed in December 2012.

The second contract is for a large industrial facility for one of Skanska’s repeat customers. The project is located in Arizona and will be implemented by Skanska’s Oregon office. This contract amounts to $65 million. This work will begin immediately and will be completed in 2011, according to the company.

New York-based Skanska USA is a development and construction firm consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development, which develops public-private partnerships; and Skanska Commercial Development, which develops commercial development projects in various U.S. markets.

The firm has 7,000 employees and posted 2009 revenues of SEK 44 billion.

Sweden-based Skanska is a project development and construction group posted sales in 2009 of SEK 137 billion.

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