Lane Industries, Inc. (Lane) today announced it has entered into a merger agreement with Salini Impregilo Group (MTA: SAL). The merger deal will provide additional financial strength to Lane’s operations, allowing the company to take a stronger foothold in the markets it already operates in, as well as expand its growth into more profitable markets, with pro-forma combined sales of more than €6 billion ($6.4 billion at the current rate) expected in 2015.
Lane Construction Wins $233M Florida Turnpike Widening Project
CHESHIRE, CT – The Lane Construction Corporation, the U.S. subsidiary of Webuild Group, has recently been awarded a $233 million contract to increase capacity, mobility, and connectivity on Florida’s Turnpike Enterprise in Lake County, Florida, and will help to lay the foundation for a better future for all Floridians and its visitors. The project, which stretches […]
Ignacio Botella Named New President and CEO of Lane
CHESHIRE, CT – The Lane Construction Corporation has named Ignacio Botella its new President and Chief Executive Officer. The appointment comes at a time when Lane, the U.S. subsidiary of Webuild Group, is poised for growth in the United States. A leader in the industry for more than 130 years, Lane accounted for nearly 16% of […]
Tampa's Malfunction Junction Reconstruction Project Just Months Away
The bane of every Tampa driver's existence, the interchange of Interstate 275 and Interstate 4, facetiously nicknamed "malfunction junction," will finally receive some long-overdue attention.