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MK WINS $49.3-MILLION CONTRACT FOR HOSPITAL COMPLEX IN CALIFORNIA

MK WINS $49.3-MILLION CONTRACT FOR HOSPITAL COMPLEX IN CALIFORNIA
 BOISE, Idaho, July 17 /PRNewswire/ -- Morrison Knudsen Corp. (NYSE: MRN) announced today that MK has received a $49.3-million contract to construct a medical center in Richmond, Calif.
 The contract was awarded by Kaiser Permanente, a non-profit organization based in Oakland, Calif., that provides a medical-care program throughout California and several other states.
 "MK has been involved in hospital construction throughout the United States and Canada and we are delighted to have another contract with Kaiser Permanente, one of the country's outstanding medical-services organizations," said William J. Agee, MK chairman and chief execuitve officer. MK presently is sponsor of a joint venture project at the Kaiser Permanente regional medical laboratory in Berkeley.
 Included in the Richmond work will be a 50-bed, full-care hospital; a 776-car, five-level parking garage; a three-story medical office building; and a 15,000-square-foot addition to an existing medical office building.
 Construction will begin immediately. The parking garage will be completed next summer and the new office building early next fall. The hospital and office building addition are scheduled for completion in April of 1994.
 Morrison Knudsen Corp. is an international company serving the environmental, industrial process, power and transportation markets with complete development, design/engineering, construction, operating and financial services.
 -0- 7/17/92
 /CONTACT: Morrison Knudsen Corporate Communications, 208-386-5387/
 (MRN) CO: Morrison Knudsen Corp. ST: Idaho; California IN: CST SU: CON


JL -- SF002 -- 0158 07/17/92 10:44 EDT
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Publication:PR Newswire
Date:Jul 17, 1992
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