Granite Subsidiary Acquires Cinderlite Trucking Corporation
Granite Construction Incorporated (GVA)
Last granite construction incorporated earnings: 10/25 06:55 am
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Source: Business Wire
Acquisition strengthens vertically integrated home marketAcquisition increases Granite’s materials reserves adding approximately 100 million tons of aggregate resources and an annual production volume of approximately 975,000 tonsAcquisition is complementary to Granite’s existing operations in northern Nevada WATSONVILLE, Calif.--(BUSINESS WIRE)--A Granite (NYSE: GVA) subsidiary, Centennial Aggregate Inc. has acquired Cinderlite Trucking Corporation (“Cinderlite”), a leading construction materials, landscape supply, and transportation company in Carson City, Nevada.“I am happy to announce the acquisition of Cinderlite,” says Granite President and CEO, Kyle Larkin. “It is a great construction materials business that is aligned with our home market strategy in the busy northern Nevada construction landscape. This acquisition shows that we remain focused on identifying transactions that will immediately contribute to the bottom line.”Founded in 1986, Cinderlite operates five aggregate
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GVA
News
- Granite Construction (NYSE:GVA) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "neutral" rating and a $109.00 price target on the stock.MarketBeat
- 2 Reasons to Like GVA (and 1 Not So Much) [Yahoo! Finance]Yahoo! Finance
- Granite Construction (NYSE:GVA) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Granite's materials business paves way to revenue growth [Yahoo! Finance]Yahoo! Finance
- Granite Construction (NYSE:GVA) had its price target raised by analysts at DA Davidson from $125.00 to $130.00. They now have a "buy" rating on the stock.MarketBeat
GVA
Earnings
- 11/6/25 - Beat
GVA
Sec Filings
- 11/24/25 - Form 4
- 11/24/25 - Form 144
- 11/12/25 - Form 4
- GVA's page on the SEC website