GARCO Testing Laboratory Joins California Green Business Network

Rhea-AI Summary

Granite (NYSE:GVA) announced that GARCO’s San Jose Testing Laboratory is now part of the California Green Business Network. This certification reflects the facility's commitment to energy efficiency, water conservation, and materials management. GARCO provides material testing services with a focus on sustainability, including the use of recycled asphalt pavement (RAP). They achieved approval for a 30% RAP-content mix design and seek to increase it further. This initiative exemplifies Granite's dedication to advancing sustainable practices in the construction materials industry.

Positive

• GARCO's San Jose Testing Laboratory received California Green Business certification, demonstrating commitment to sustainability.
• Approval of 30% RAP-content mix design aligns with industry shifts towards greater use of recycled materials.
• Focus on innovative materials such as recycled plastics could enhance sustainability and reduce reliance on petroleum.

Negative

• None.

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite (NYSE:GVA) announced today that GARCO’s San Jose Testing Laboratory recently joined the California Green Business Network. The testing facility functions as the base of operations for materials testing across Granite’s Coastal California Region. As part of the Green Business certification, the facility satisfied targets for energy efficiency, water conservation, procurement, and materials management.

GARCO Testing Laboratories, a wholly owned subsidiary of Granite Construction Company, offers material design and quality testing services. The GARCO team works with a simple goal: maximize opportunities to provide superior products with exceptional service, while keeping people safe and being good stewards of the environment.

The GARCO team has extensive asphalt paving expertise, including use of specialized designs to satisfy specific, unique project requirements. GARCO personnel pursue industry certifications like the Caltrans Joint Training & Certification Program (JTCP), which include individual areas of specialization, require in-person classes and laboratory training, and written/practical examination sessions.

The GARCO team prioritizes responsible material management and proper disposal of all waste streams, even in the laboratory. For example, the asphalt and aggregate samples they collect for testing are delivered back to a material production facility or asphalt plant, meaning a single laboratory can divert 9-10 tons of waste from landfills each year.

Asphalt mix designs drive sustainable material use in commercial construction. Mix standards set targets for the percentage of recycled asphalt pavement (RAP) in a mix. Material specifications are changing across the industry to allow for higher RAP contents. GARCO recently obtained approval for 30% RAP-content mix design and hopes to achieve even higher thresholds in future mixes. The company is also exploring the use of recycled plastics to displace liquid asphalt binder, which has the potential to reduce use of petroleum products and find new beneficial uses for certain types of plastic.

GARCO and Granite take pride in advancing the best available technologies and practices across the construction materials industry. Look for more information about Granite materials in our upcoming Sustainability Report.

About Granite

Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite civil construction provider. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit the Granite website, graniteconstruction.com, and connect with Granite on LinkedIn, Twitter, Facebook, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220406005923/en/

Granite Contacts

Media

Erin Kuhlman 831-768-4111

Investors

Wenjun Xu - 831-761-7861

Source: Granite

FAQ

What is the significance of GARCO joining the California Green Business Network for GVA stock?

GARCO's certification highlights Granite's commitment to sustainability, potentially enhancing its reputation and market position.

What sustainability initiatives are being pursued by Granite (GVA)?

Granite is focusing on energy efficiency, water conservation, and innovative material use, such as increasing recycled asphalt content.

How does the 30% RAP-content mix design impact Granite (GVA)?

This initiative could reduce material costs and environmental impact, positioning Granite favorably in the sustainable construction market.

When was the press release about GARCO's certification issued?

The press release was issued on the date of the announcement of GARCO's certification.