Granite Announces Timing of Earnings Release and Investor Conference Call
Granite Construction Incorporated (
NYSEGVA) will release financial results for the quarter ended December 31, 2024, before market opens on Thursday, February 13, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 13, 2025.
Granite Announces $88 Million Highway Safety Enhancement Project Near Lake Elsinore, California
Granite (
NYSEGVA) has been awarded an approximately $88 million contract by the California Department of Transportation (Caltrans) to improve a section of Ortega Highway State Route 74 (SR 74). Project funding will come from state and federal sources and the project will be included in Granite’s first-quarter CAP.
Granite Announces $71 Million Rail Yard Expansion Project at Fort Bliss, Texas
Granite (
NYSEGVA) has been awarded an approximately $71 million contract by the United States Army Corps of Engineers to expand and update the rail yard at Fort Bliss in El Paso, TX. Project funding is to come from federal sources and was included in Granite’s 2024 third-quarter CAP.
Granite’s Pat Kelly Elected President of AGC of California for 2025
Granite (
NYSEGVA) Vice President of Operational Excellence, Pat Kelly, has been elected president of the Associated General Contractors (AGC) of California for the year 2025. This appointment recognizes Pat’s extensive experience and dedication to the construction industry.
Granite Declares Quarterly Dividend
Granite (
NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on January 15, 2025, to all shareholders of record at the close of business on December 31, 2024.
Granite Named One of Newsweek’s America’s Most Responsible Companies for the Third Consecutive Year
Granite (
NYSEGVA) has been listed by Newsweek as one of America’s Most Responsible Companies in 2025. Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider, present this award to recognize companies for their commitment to doing the right thing for people, the planet, and their communities.
Granite Announces Phase 1 of the $425 Million Mosaic Quarter Development in Tucson, Arizona
Granite (
NYSEGVA) announced that it has been awarded the civil scope of work for Phase 1 of the Mosaic Quarter project, an approximately $27 million subcontract for general contractor Hensel Phelps. Mosaic Quarter is a sports and entertainment-focused lifestyle center, serving as a destination point for residents and visitors. It features state-of-the-art venues for entertainment, recreational and collegiate sports, including ice hockey, basketball, soccer, and much more.
Granite Reports Third Quarter 2024 Results
Granite Construction Incorporated (
NYSEGVA) today announced results for the quarter ended September 30, 2024.
Granite Announces $42 Million P-928 Relay Ground Station Project in Guam
Granite (
NYSEGVA) announced an approximately $42 million design-build contract by Naval Facilities Engineering Systems Command (NAVFAC) for a sitework and infrastructure project related to the Relay Ground Station-Asia (RGS-A) program at Naval Base Guam. Project funding is to come from federal sources and was included in Granite’s third-quarter backlog.
Granite's Southeast Home Market Expansion
Granite (
NYSEGVA) continues to expand its home market strategy in the Southeast through various projects, leveraging its recent acquisitions of Lehman-Roberts, Memphis Stone & Gravel (MSG), and Dickerson & Bowen Inc. (D&B).
Granite Announces Pavement Rehabilitation Project on SR 99 in Tulare, California
Granite (
NYSEGVA) has been awarded an approximately $21 million contract by the California Department of Transportation (Caltrans) to rehabilitate three miles of pavement on both the northbound and southbound lanes of State Route 99 (SR 99) through Tulare, California. Project funding is to come from federal sources and was included in Granite’s third-quarter CAP.
Granite Launches Major Infrastructure Project to Enhance SR 58/SR 99 Interchange in Bakersfield
Granite (
NYSEGVA) has been awarded an approximately $27 million contract by the City of Bakersfield to enhance the connectivity and efficiency of the State Route 58/State Route 99 (SR 58/SR 99) interchange in Bakersfield. Project funding is to come from the City of Bakersfield and the Thomas Roads Improvement Program (TRIP) and was included in Granite’s third-quarter CAP.
Granite Announces Timing of Earnings Release and Investor Conference Call
Granite Construction Incorporated (
NYSEGVA) will release financial results for the quarter ended September 30, 2024, before market opens on Thursday, October 31, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, October 31, 2024.
Granite and King County Metro Announce Atlantic Base Refurbishment Project
Granite (
NYSEGVA) announced the commencement of the approximately $45 million Atlantic Base Refurbishment (ABR) project in Seattle, Washington. This comprehensive initiative aims to modernize and enhance the infrastructure of King County Metro’s (KCM) six-acre trolley bus parking and maintenance facility.
Granite Announces $34 Million Seismic Improvement Project at Oakland International Airport
Granite (
NYSEGVA) has announced the signing of a $34 million contract to implement seismic improvements to the Oakland International Airport (OAK) Perimeter Dike. This critical infrastructure project is designed to protect the airport runway from water intrusion from the adjacent San Francisco Bay. Project funding comes in part from the Federal Aviation Administration (FAA) and will be included in Granite’s third-quarter CAP.
Granite Announces Six Safety and Environmental Awards From NSSGA
Granite (
NYSEGVA) announced today that it has received six awards, including the Bronze Louis Griesemer Sterling Safety Award for large companies, from the National Stone, Sand & Gravel Association (NSSGA). These honors were presented at the NSSGA Legislative & Policy Forum in Washington DC on September 27, 2024.
In Honor of Dr. Patricia Galloway: A Legacy of Leadership and Dedication
Dr. Patricia D. Galloway, a member of Granite’s (
NYSEGVA) Board of Directors died on September 26, 2024. A valued and respected director since June 2017, Dr. Galloway was a member of the Board’s Nominating and Corporate Governance and Compensation Committees.
ENR Ranks Granite Number One in Highways for the Fourth Consecutive Year
Granite (
NYSEGVA) has been recognized as the top company in the Highways market and the second in the Mining market in the 2024 Top Contractors Sourcebook by Engineering News-Record (ENR) magazine. ENR, a leading trade publication, ranks the largest U.S.-based public and private companies across major market sectors. This achievement marks the fourth consecutive year and the sixth time in seven years that Granite has secured the #1 ranking in Highways.
Granite Awarded $113 Million Contract to Further Support U.S. Marines Relocation
Granite (
NYSEGVA), in partnership with Obayashi Corporation under the Granite-Obayashi 2 Joint Venture, announced the award of an estimated $113 million contract to construct new facilities at Marine Corps Base Camp Blaz (MCCB). Project funding comes from the Department of Defense’s (DOD) Military Construction (MILCON) and will be included in Granite’s third-quarter CAP.
Granite Declares Quarterly Dividend
Granite Construction Incorporated (
NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on October 15, 2024, to all shareholders of record at the close of business on September 30, 2024.
Granite Announces $65 Million Phase 2 of SR-30 Improvement Project in Logan, Utah
Granite (
NYSEGVA) has been awarded an approximately $65 million contract by the Utah Department of Transportation (UDOT) to commence Phase 2 of the SR-30 Improvement Project in Logan, Utah. Project funding will come from UDOT and Federal funds and was included in Granite’s second-quarter CAP.
Granite Announces Arlington Avenue Bridges Replacement Project in Reno, NV; Groundbreaking Included U.S. Secretary of Transportation Pete Buttigieg
Granite (
NYSEGVA) is proud to announce its role as Construction Manager at Risk (CMAR) of the Arlington Avenue Bridges Replacement Project, a transformative initiative aimed at replacing the two structurally deficient bridges that cross the Truckee River in the Riverwalk District of downtown Reno, Nevada. The approximately $32 million project was awarded by the Regional Transportation Commission (RTC) of Washoe County and is funded by federal and local fuel tax funds.
Granite Continues Commitment to Highway Safety with $45 Million Project on I-40
Granite (
NYSEGVA) has been awarded an approximately $45 million contract to reconstruct and modernize the John Wilkie Safety Roadside Rest Area along the Interstate 40 (I-40) corridor by the California Department of Transportation (Caltrans). Project funding will come from Caltrans and was included in Granite’s second-quarter CAP.
Granite Awarded Sixth Highway 101 Mainline Segment to Alleviate Traffic Congestion in Santa Barbara, California
Granite (
NYSEGVA) has been awarded an approximately $38 million contract (Segment 4E South) by the California Department of Transportation (Caltrans) to add peak-hour High Occupancy Vehicle (HOV) lanes and reconstruct all elements of the existing Highway 101 through southern Santa Barbara. Project funding is to come from Caltrans and local sources and was included in Granite’s second-quarter CAP.
Granite Completes Acquisition of Dickerson & Bowen, Inc.
Granite Construction Incorporated (
NYSEGVA) today announced it has completed the acquisition of Dickerson & Bowen, Inc. (“D&B”), a leading regional aggregates, asphalt, and highway construction company serving central and southern Mississippi. The acquisition is a highly complementary bolt-on to the company’s 2023 acquisition of Lehman-Roberts Company / Memphis Stone & Gravel (LRC / MSG), and it builds on Granite’s footprint in the Southeast serving as a growth platform in the attractive Memphis metropolitan and Mississippi markets.
