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September 02, 2015 3:18 PM ET

Construction and Engineering

Company Overview of Skanska USA Building, Inc.

Company Overview

Skanska USA Building, Inc. provides construction services to the building construction sector in the United States. The company's services include program management, construction management, design-build, general contracting, job order contracting, and leaseback delivery approaches. It has operations in New York, Philadelphia, Boston, Detroit, Seattle, Atlanta, and Houston. The company was incorporated in 2000 and is headquartered in Parsippany, New Jersey. Skanska USA Building, Inc. operates as a subsidiary of Skanska AB (publ).

1633 Littleton Road

Parsippany, NJ 07054

United States

Founded in 2000

Phone:

973-753-3500

Fax:

973-753-3499

Key Executives for Skanska USA Building, Inc.

Chief Operating Officer
Chief Executive Officer of Skanska AB and President of Skanska AB
Age: 58
President of Skanska Usa Civil
Age: 54
Senior Vice President of South Florida Office
Compensation as of Fiscal Year 2015.

Skanska USA Building, Inc. Key Developments

Skanska USA Building Reports Earnings Results for the Fourth Quarter and Year Ended December 2014

Skanska USA Building reported earnings results for the fourth quarter and year ended December 2014. For the quarter, the company reported revenue of SEK 9,186 million against SEK 7,283 million a year ago. Operating income was SEK 215 million against SEK 142 million a year ago. For the full year, the company reported revenue of SEK 31,601 million against SEK 29,747 million a year ago. Operating income was SEK 484 million against SEK 476 million a year ago.

Skanska Usa Building to Pay $95,000 to Settle EEOC Racial Harassment and Retaliation Lawsuit

Skanska USA Building, Inc. to pay $95,000 to settle a racial harassment and retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC). According to the EEOC's suit, Skanska violated federal law by allowing workers to subject a class of black employees who were working as buck hoist operators to racial harassment, and by firing them for complaining to Skanska about the misconduct. Skanska served as the general contractor on the Methodist Le Bonheur Children's Hospital in Memphis, where the incidents in this lawsuit took place. The class of black employees worked for C-1, Inc. Construction Company, a minority-owned subcontractor for Skanska. Skanska awarded a subcontract to C-1 to provide buck hoist operations for the construction site and thereafter supervised all C-1 employees while at the work site. The EEOC charged that Skanska failed to properly investigate complaints from the buck hoist operators that white employees subjected them to racially offensive comments and physical assault. The EEOC alleged that after Maurice Knox, one of the buck hoist operators, complained about having urine and feces thrown on him at the job site, Skanska cancelled its contract with C-1 Inc., and immediately fired all of its black buck hoist operators. With assistance from the Memphis Minority Business Council's president, Skanska reinstated the contract with C-1 and recalled the black buck hoist operators to work. The white employees, however, continued to subject the buck hoist operators to racial harassment on a daily basis.

Skanska USA Building, Inc. Presents at The Third Annual Los Angeles & Southwest Data Center Summit, Dec-17-2014 12:15 PM

Skanska USA Building, Inc. Presents at The Third Annual Los Angeles & Southwest Data Center Summit, Dec-17-2014 12:15 PM. Venue: Los Angeles, California, United States. Speakers: Kevin Connor, Director.

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Recent Private Companies Transactions

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Date
Target
Merger/Acquisition
November 18, 2014
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