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September 02, 2021

Webuild: U.S. subsidiary Lane wins $236 mln North Carolina Highway Expansion project

PRESS RELEASES

New orders for Group surpass €10 bln year to date

MILAN, September 2, 2021 – Lane, the U.S. subsidiary of the Webuild Group, has won the I-3306A design-and-build project worth $236 million (€200 million) to widen a section of the I-40 highway in North Carolina to improve traffic flow and relieve heavy congestion during peak commuting times.

The contract, which is fully owned by Lane, will bring to more than €10 billion the total value of new orders that Webuild has acquired, is in the process of finalising, and for which it has become the preferred bidder so far this year, without considering the €13-billion contract to build a high-speed railway in Texas.

The contract will have Lane widen from four to six lanes the I-40 for 11 miles (17.7 kilometres) from the I-85 interchange to the Durham County Line in Orange County. The project will relieve congestion at peak commuting times. One of its environmentally sustainable features is the recycling of the existing concrete pavement into sub-base material for the new lanes, with the milled asphalt also to be recycled. Work would begin in late 2022 and be completed by 2025. 

North Carolina is one of Lane’s biggest markets. Oher projects in the state include improvements to the I-440/US 1 in Wake County and I77/I-40 Interchange in Iredell County. Lane is also extending the NC-540, Triangle Expressway through Wake and Johnston counties. 

As a top U.S. road builder, Lane’s is working on projects across the country, from the I-10 Corridor Express Lanes in California and express toll lanes in Washington, to a tollway extension in Texas and a replacement of the Unionport Bridge in the Bronx, New York.

Its expertise is joined by 115 years of experience at Webuild, which has a track record of more than 80,000 kilometres of roads and highways and 946 kilometres of bridge and viaducts spanning the globe.

 

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2021/09/02 - 09:37

Webuild: U.S. subsidiary Lane wins $236 mln North Carolina Highway Expansion project

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