Group strengthens presence in U.S. market with strong growth opportunities

• Webuild’s U.S. subsidiary Lane to widen and improve safety of section of Mainline Turnpike, major toll highway in Florida
• Contract is second to be awarded to Lane in a month

MILAN, July 28, 2022 – The Webuild Group, via its U.S. subsidiary Lane, has won a $233-million (€212 million) contract to widen and improve the safety of a seven-mile (11 kilometres) section of Florida’s Mainline Turnpike, a major toll highway in the U.S. state that is becoming more congested with vehicle traffic. It is the second contract to be obtained by Lane in Florida this month, strengthening the Group’s presence in the United States, one of its core markets where new orders have reached nearly €1.4 billion so far this year.  The contract also emphasises the importance of North America for Webuild, generating 21% of total revenues in 2021.

Commissioned by the Florida’s Turnpike Enterprise of the Department of Transportation, the contract, 100-percent held by Lane, includes rebuilding and widening from four to eight lanes (four in each direction) a section of the highway, also known as State Road 19 (SR 19), between the Minneola Interchange and US 27 in Lake County near Orlando. Other work will include new bridge structures, new tolling sites, lighting, intelligent traffic systems, and interchange improvements. Work is expected to begin this fall. 

The Turnpike Mainline crosses Florida from Miami in the south of the state to I-75 near Wildwood to the north. A major route for trucks, traffic has increased in recent years, causing congestion and delays. Once completed, the Turnpike will provide added capacity to meet future traffic demand from residents and tourists in Florida by 2035. Its role as a critical hurricane evacuation route will also be reinforced.

A leader in roads and highways in the United States, Lane’s work spans across the state. Earlier this month, it won a $223-million contract to improve the safety and operational efficiency of the I-275/I-4 highway interchange in downtown Tampa, a city where Lane is also widening the I-275 to improve traffic flow through the Tampa Bay area. In Orlando, it is working on an interchange at the intersection of I-4, SR 417 and the nearly completed Wekiva Parkway (SR 429) to close the beltway around the city. It recently opened the Suncoast Parkway (SR 589), five months early, with a new highway located north of Tampa as part of a regional corridor along the western coast of Florida.