Swedish multinational construction and development company Skanska AB (STO: SKA-B) said on Friday it has secured a USD390m contract, about SEK3.6bn, to build a fabrication facility for a new confidential high-tech client in Boise, Idaho.

The value will be booked in its US order intake for the third quarter of 2026.

The project covers a new fabrication plant, a dedicated Central Utility Plant and associated site infrastructure. Work has already begun and is scheduled to finish in the first quarter of 2028.