By Nathan Allen
Germany's Siemens AG (>> Siemens) will design a building-automation and fire-safety system for the new central terminal at New York's LaGuardia Airport, the company said Wednesday.
Siemens said its building-technology division will work with a joint venture between Sweden's Skanska AB (SKA-B.SK) and Chicago-based Walsh Group (WLS.XX) to deploy the system.
The new terminal complex will be located closer to the existing Grand Central Parkway, freeing up valuable ground-space for planes, Siemens said.
The company didn't disclose financial details of the contract.
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Stocks mentioned in the article : Siemens