Granite Announces $71 Million Rail Yard Expansion Project at Fort Bliss, Texas
Granite (NYSE:GVA) has secured a $71 million contract from the United States Army Corps of Engineers for expanding and modernizing the rail yard at Fort Bliss in El Paso, Texas. The project, included in Granite's 2024 third-quarter CAP, will involve adding new loading spurs, expanding the vehicle staging area, and creating a secondary connection to the Union Pacific Railroad.
The improvements aim to increase the rail yard's capacity, enhance operational efficiencies, and reduce rail loading timelines. Construction is scheduled to commence in February 2025 and reach completion in June 2027. The project represents a strategic collaboration between Granite's Federal Division and Regions, offering growth opportunities for regional employees while expanding the company's presence in West Texas.
Granite (NYSE:GVA) ha ottenuto un contratto di 71 milioni di dollari dal Corpo degli Ingegneri dell'Esercito degli Stati Uniti per l'espansione e la modernizzazione del piazzale ferroviario a Fort Bliss, a El Paso, Texas. Il progetto, compreso nel CAP del terzo trimestre 2024 di Granite, prevede l'aggiunta di nuovi binari di carico, l'espansione dell'area di attesa dei veicoli e la creazione di una connessione secondaria con la Union Pacific Railroad.
Le migliorie mirano ad aumentare la capacità del piazzale ferroviario, migliorare l'efficienza operativa e ridurre i tempi di carico ferroviario. La costruzione è prevista per iniziare a febbraio 2025 e concludersi a giugno 2027. Il progetto rappresenta una collaborazione strategica tra la Divisione Federale di Granite e le Regioni, offrendo opportunità di crescita per i dipendenti locali mentre espande la presenza dell'azienda nel Texas occidentale.
Granite (NYSE:GVA) ha obtenido un contrato de 71 millones de dólares del Cuerpo de Ingenieros del Ejército de los Estados Unidos para expandir y modernizar la estación de trenes en Fort Bliss en El Paso, Texas. El proyecto, incluido en el CAP del tercer trimestre de 2024 de Granite, involucrará la adición de nuevas vías de carga, la expansión del área de espera de vehículos y la creación de una conexión secundaria con la Union Pacific Railroad.
Las mejoras tienen como objetivo aumentar la capacidad de la estación, mejorar la eficiencia operativa y reducir los tiempos de carga ferroviaria. La construcción está programada para comenzar en febrero de 2025 y finalizar en junio de 2027. El proyecto representa una colaboración estratégica entre la División Federal de Granite y las Regiones, ofreciendo oportunidades de crecimiento para los empleados regionales mientras se expande la presencia de la empresa en el oeste de Texas.
Granite (NYSE:GVA)는 미국 육군 공병대에서 7천1백만 달러 계약을 체결하여 텍사스 엘패소의 포트 블리스에서 기차 정거장을 확장 및 현대화합니다. 이 프로젝트는 Granite의 2024년 3분기 CAP에 포함되며, 새로운 화물 선로 추가, 차량 대기 구역 확장, 유니온 태평양 철도와의 2차 연결 고리를 생성하는 작업이 포함됩니다.
이 개선 사항들은 기차역의 용량을 늘리고 운영 효율성을 향상시키며 화물 적재 시간을 단축하는 것을 목표로 합니다. 공사는 2025년 2월에 시작되어 2027년 6월에 완료될 예정입니다. 이 프로젝트는 Granite의 연방 부서와 지역 간의 전략적 협력을 나타내며, 지역 직원들에게 성장 기회를 제공하고 기업의 텍사스 서부 진출을 확장합니다.
Granite (NYSE:GVA) a obtenu un contrat de 71 millions de dollars du Corps des ingénieurs de l'armée américaine pour l'extension et la modernisation du yard ferroviaire à Fort Bliss à El Paso, Texas. Le projet, inclus dans le CAP du troisième trimestre 2024 de Granite, impliquera l'ajout de nouvelles voies de chargement, l'extension de la zone de stockage des véhicules et la création d'une connexion secondaire avec la Union Pacific Railroad.
Les améliorations visent à augmenter la capacité du yard ferroviaire, à améliorer l'efficacité opérationnelle et à réduire les délais de chargement ferroviaire. La construction devrait commencer en février 2025 et se terminer en juin 2027. Le projet représente une collaboration stratégique entre la Division fédérale de Granite et les Régions, offrant des opportunités de croissance pour les employés régionaux tout en élargissant la présence de l'entreprise au Texas occidental.
Granite (NYSE:GVA) hat einen 71-Millionen-Dollar-Vertrag vom U.S. Army Corps of Engineers für die Erweiterung und Modernisierung des Güterbahnhofs in Fort Bliss in El Paso, Texas, erhalten. Das Projekt, das im CAP von Granite für das dritte Quartal 2024 enthalten ist, sieht vor, neue Ladegleise hinzuzufügen, den Bereich für die Fahrzeuglagerung zu erweitern und eine sekundäre Verbindung zur Union Pacific Railroad zu schaffen.
Die Verbesserungen zielen darauf ab, die Kapazität des Güterbahnhofs zu erhöhen, die Betriebseffizienz zu steigern und die Wiegemesszeiten zu verkürzen. Der Bau soll im Februar 2025 beginnen und im Juni 2027 abgeschlossen sein. Das Projekt stellt eine strategische Zusammenarbeit zwischen der Bundesabteilung von Granite und den Regionen dar und bietet den regionalen Mitarbeitern Wachstumsmöglichkeiten, während es die Präsenz des Unternehmens in Westtexas erweitert.
- Secured significant $71 million federal contract
- Project already included in Q3 2024 CAP
- Expands market presence in West Texas region
- Long project timeline (2.3 years) with delayed start in 2025
Insights
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The contract carries several notable implications for investors:
- The 28-month project timeline aligns well with Granite's operational capacity, allowing for efficient resource allocation while maintaining margins
- The expansion into West Texas opens up new opportunities in a region experiencing significant military infrastructure investment
- The collaboration between Federal Division and Regions demonstrates operational synergy, potentially leading to improved project execution and cost efficiencies
- Military infrastructure projects typically offer more stable payment terms and lower risk profiles compared to civilian contracts
The broader context is particularly relevant - as military logistics modernization becomes increasingly critical, companies with proven track records in military infrastructure projects are well-positioned for future contract opportunities. The project's focus on improving military mobility and logistics efficiency suggests potential follow-on work as similar facilities require upgrades nationwide.
While representing only about
Granite’s work will add new loading spurs, expand the vehicle staging area, and create a secondary connection from the rail yard to the Union Pacific Railroad. These improvements are designed to boost the rail yard's capacity, improve efficiencies, and reduce the timeline required for rail loading operations.
"Our work at
“The project underscores the new strategic collaboration between the Federal Division and the Regions,” said Curt Haldeman, Granite Vice President of Regional Operations. “It offers regional employees a chance to enhance their federal work experience and helps us expand our market presence in West Texas.”
Construction is expected to begin in February 2025 and be completed in June 2027.
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
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Granite Contacts
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Erin Kuhlman - 831-768-4111
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Wenjun Xu - 831-761-7861
Source: Granite
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