Lane JV Wins Tunnel Package for Hudson River Tunnel Project Valued at $466M

The Lane Construction Corporation, the U.S. subsidiary of Webuild Group, won a $466 million contract, of which Lane has a 35 percent share, to construct the Palisades Tunnel Project. The project is the first tunnel boring contract awarded by the Gateway Development Commission (GDC) of the larger $16 billion Hudson River Tunnel Project (HTP), an investment to construct a new tunnel between New York and New Jersey and rehabilitate the more than 100-year-old rail tunnel....

Lane JV Wins Tunnel Package for Hudson River Tunnel Project Valued at $466M
The Lane Construction Corporation, the U.S. subsidiary of Webuild Group, won a $466 million contract, of which Lane has a 35 percent share, to construct the Palisades Tunnel Project. The project is the first tunnel boring contract awarded by the Gateway Development Commission (GDC) of the larger $16 billion Hudson River Tunnel Project (HTP), an investment to construct a new tunnel between New York and New Jersey and rehabilitate the more than 100-year-old rail tunnel....