Lane Construction wins $260 million North Carolina highway contract

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2020

Lane Construction Corp., a subsidiary of Salini Impregilo Group, won a $260 million highway contract in North Carolina to make final improvements to the I-77/I-40 Interchange in Iredell County.

The design-build contract calls Lane to widen the interstates of 40 and 77 from four lanes to eight for approximately 7.4 miles, and improve the system connection by designing and constructing a partial turbine interchange.

Construction is slated to begin in the spring of 2019 and be completed by the end of 2022.

Recently, Lane won another highway project valued at $346 million for improvements to I-440/US 1 in Wake County.

In addition, the firm has work underway on Florida’s $253 million Wekiva Parkway (Section 8) in Seminole County, and the $673 million I10 Corridor Contract 1 Express Lanes project in Calif., of which Lane’s share is valued at $404 million.

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