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Stock impact report

Granite Subsidiary Awarded $11 Million Pavement Preservation Contract in Texas

Granite Construction Incorporated (GVA) 
Last granite construction incorporated earnings: 10/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.graniteconstruction.com
Company Research Source: Business Wire
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that Intermountain Slurry Seal, Inc., a wholly-owned subsidiary of Granite, has been awarded an $11 million pavement preservation contract by the City of Amarillo, Texas.Scope of work includes pavement maintenance for approximately 440 lane miles on both residential and arterial roads throughout the City of Amarillo, equating to approximately 25 percent of the City's road system. Seal coat (chip seal) and microsurfacing treatments will be used to help extend the life of the existing pavement.“We look forward to building a relationship with the City of Amarillo throughout this project and continuing to expand our footprint in Texas,” said Chris Burke, vice president and regional manager for Intermountain Slurry Seal. “Our commitment to operational excellence, including safety, environmental, quality, productivity and our core values, is the foundation of our success and how we meet the needs of all our clients Show less Read more
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