Skanska secures $49M deconstruction contract (Pink Limited Info:SKBSY)

  • Skanska (OTCPK:SKBSY) signed an initial contract with Metropolitan Atlanta Rapid Transit Authority (MARTA) to deconstruct the MARTA Five Points Station canopy in Atlanta, Georgia.
  • The contract is worth $49M, which will be included in Q2 2024. 
  • Deconstruction is expected to begin July 2024 and scheduled to be completed in 2026.