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Lane Industries Announces Merger Agreement with Salini Impregilo S.p.A

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.

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Lane Construction Wins $299 Million Contract for Seminole Expressway/SR 417 Widening Project in Florida
CHESHIRE, CT – The Lane Construction Corporation, the U.S. subsidiary of Webuild Group, has won a $299 million contract to widen the Seminole Expressway/SR 417 in Seminole County, FL. The Seminole Expressway/SR 417 is a hurricane evacuation route, and a major portion of the eastern beltway around Orlando. This critical corridor provides an alternative to […]
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Lane Construction Opens Traffic on Central Florida’s Final Link of the Wekiva Parkway
CHESHIRE, CT – The Lane Construction Corporation, the U.S. subsidiary of Webuild Group, has opened all high-speed system-to-system movements and access ramps on Section 8 of the Wekiva Parkway in Seminole County, accomplishing the much-needed final link that completes the beltway around Central Florida. The $253 million design-build project, commissioned by the Florida Department of […]
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During Storm, New Tunnel Kept 233 Million Gallons Of Sewage Out Of Anacostia River
The Northeast Boundary Tunnel, or NEBT, went online in September, promising to reduce sewage overflows in the Anacostia River by 98%. During Tuesday’s storm, the tunnel captured 267 million gallons of stormwater and sewage, preventing it from spilling into the river.
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