Legal Proceedings Report • Dec 15, 2016
Legal Proceedings Report
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Rueil Malmaison, 15 December 2016
Eurovia, the VINCI subsidiary specialising in transport infrastructure and urban development, has won the design-build contract to renovate and widen a 32 km section of the I-85 motorway in Spartanburg and Cherokee Counties in South Carolina between Charlotte and Greenville. A joint venture comprising lead company Blythe (60%), the U.S. subsidiary of Eurovia, and Zachry Construction Corporation (40%) will carry out the project.
The €410 million (US\$435 million) contract covers renovation of existing lanes and construction of two additional lanes. The project is set to take four years to complete.
Work will get under way in the spring of 2018. The project will employ 350 people at the height of activity. It involves 800,000 m3 of earthworks, 1.1 million m² of concrete, 670,000 tonnes of asphalt mix and construction of six bridges and a railway viaduct over the motorway.
This is Eurovia's fifth project on the I-85 corridor in North and South Carolina in 15 years. The company generates revenue of over €400 million in the United States through its two U.S. subsidiaries, Hubbard in Florida and Blythe in North and South Carolina.
PRESS CONTACT VINCI Press Department Tel.: +33 1 47 16 31 82 [email protected]
This press release is an official information document of the VINCI Group.
Eurovia, a subsidiary of VINCI, is a world leader in the construction of transport infrastructure and urban development. Eurovia builds and maintains transport infrastructure, including roads, highways, railways, and airport and tramway platforms, and contributes to industrial, commercial, and urban site development. In addition, the company possesses extensive know-how in related areas: demolition and deconstruction, drainage, earthworks, utility networks, signage, engineering structures and noise barriers. Eurovia controls its supply chain through its industrial network, which produces aggregates and materials for roadway and railway construction projects. Eurovia operates in 15 countries, employs 38,000 people, and achieved sales of €7.9 billion in 2015. www.eurovia.com
VINCI is a global player in concessions and construction, employing more than 185,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI's goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large.
www.vinci.com
PRESS CONTACT VINCI Press Department Tel.: +33 1 47 16 31 82 [email protected]
This press release is an official information document of the VINCI Group.
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