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Skanska Completing $245 Million of School Construction Projects

Posted on: Monday, 17 September 2007, 09:00 CDT

SOUTHFIELD, Mich., Sept. 17 /PRNewswire-USNewswire/ -- Skanska USA Building Inc. announced today it has more than $245 million in K-12 construction projects coming to completion during the next few months. The K-12 segment accounts for approximately 30 percent of the company's Michigan business.

"School districts are continuing to upgrade their facilities, despite the economy here in Michigan," said Kirk Frownfelter, Skanska Executive Vice President and Area General Manager. "Skanska is uniquely positioned to help school districts from the beginning of the planning process, through the bond or millage campaign to the completion of the construction process. Our clients have access to a wide range of expertise that ensures a quality product and successful project."

To further assist school districts, Skanska recently promoted Kristin Pfauth to Manager of Bond Services. She will be assisting districts statewide with the planning and implementation of bond and millage campaigns as they seek to upgrade their facilities. The list below contains projects coming to completion in September through November of this year as well as significant phases of multi-phase projects already under way:

Project Location Description Branch Intermediate School District Coldwater Renovations to Career Center Brandon Schools Fletcher Intermediate Ortonville Renovations Brandon Schools Belle Anne Ortonville Renovations Brandon Schools Middle School Ortonville Renovations Brandon Schools Bus Maintenance Facility Ortonville Renovations Brandywine Public Schools Niles Bus loop and re-roofing of Administration Building Coldwater Community Schools - Legg Middle School Coldwater Kitchen Remodeling and 2 Science Labs Pennfield High School Battle Creek New 147,000 sq. ft High School, 1,900 seat gym, and 701 seat auditorium Paw Paw Middle School and High School Paw Paw Additions and Renovations to both schools Van Hoosen Middle School Rochester Additions and Renovations Oakland Intermediate School District Phase 1 Oakland Intermediate School District Northeast Campus - Clarkston Clarkston Additions and Renovations to Technical Campus Oakland Intermediate School District Northwest Campus - Pontiac Pontiac Additions and Renovations to Technical Campus Oakland Intermediate School District Southeast Campus - Royal Oak Royal Oak Additions and Renovations to Technical Campus Oakland Intermediate School District Southwest Campus - Wixom/Walled Lake Wixom/ Additions and Renovations Walled Lake to Technical Campus Reuther Middle School Rochester Additions and Renovations Royal Oak Middle School Royal Oak Additions and Renovations Royal Oak High School Royal Oak Additions and Renovations Springport Middle School Springport 74,000 sq. ft addition Warren Woods Middle School Warren Phase 2 Renovations to gymnasium, cafeteria, boiler room, media center, and counseling offices and main corridor. Westview Elementary Warren Construction of new 100,000 sq. ft elementary school Royal Oak High School Football Stadium Royal Oak Installation of new synthetic turf field, bleachers and track modifications

During the May, 2007 school elections, three of the five school districts Skanska assisted passed their bond issues, totaling $90 million in new construction. Skanska is currently assisting two school districts with bonds during the November, 2007 ballot.

Skanska USA Building Inc. 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 life sciences, healthcare, education, high-tech, aviation, transportation and sports and entertainment. Skanska USA Building also provides pharmaceutical validation services to clients. The company, part of the Skanska AB global group of companies, is headquartered in Parsippany, New Jersey, and has approximately 3,800 employees.

Skanska is one of the world's leading construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. The Group currently has 56,000 employees in selected home markets in Europe, in the U.S. and Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in 2006 totaled $17 billion.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Kristin Pfauth, PE http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=62994

Skanska USA Building Inc.

CONTACT: Roy Richardson, +1-734-240-2565, for Skanska USA Building Inc.

Web site: http://www.skanska.com/

Source: PRNewswire-USNewswire

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