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Skanska USA Invests in Growth of U.S. Industrial Market with Acquisition of Industrial Contractors

SUGAR LAND--March 5, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Following a trend of engineering and construction firms acquiring strategic assets to improve market share in growing industrial markets, Skanska USA Civil Incorporated (New York, New York) recently announced the acquisition of Industrial Contractors Incorporated (Evansville, Indiana), one of the nation's top 400 construction companies serving the commercial, industrial and power markets. In addition, Skanska has acquired ICI's affiliate companies: Professional Consultants Incorporated; Tri-State Refractories Corporation; and Industrial Equipment Incorporated. The name of the new Skanska operating unit will be Industrial Contractors Skanska.

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Industry Segment: Power
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