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Stock impact report

Granite Secures U.S. 101 Rehabilitation Project in Monterey County, California

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 it has been selected for a significant infrastructure project to rehabilitate an eight-mile stretch of U.S. Highway 101 near King City in Monterey County, California. This project, with an estimated cost of approximately $20 million, will receive federal funding and be included in Granite’s first quarter CAP.This initiative will fix roadway issues by restoring pavement, extending service life, updating safety devices, repairing culverts, improving lighting, and enhancing traffic data collection.“This project reinforces our core strengths and demonstrates the value created through Granite’s strategic acquisition of Papich Construction,” said Granite Vice President of Regional Operations, Larry Camilleri. “It leverages the capabilities, materials, and expertise across multiple Granite regions to deliver high-quality, long-lasting infrastructure for the communities we serve.”Granite’s Coalinga Asphalt Plant Show less Read more
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