Granite Expands Presence in Inland Empire, California

Rhea-AI Summary

Granite, a leading company in the construction industry, has expanded its presence in the Inland Empire, California, by opening a new office in Ontario. This strategic move highlights Granite's commitment to the region and its goal of securing more projects in the area. With a focus on enhancing local infrastructure, fostering client relationships, and contributing to the region's growth, Granite's investment in the Inland Empire is a positive step towards economic development and community support.

Positive

• Granite's expansion in the Inland Empire demonstrates the company's dedication to strengthening its market presence and fostering relationships with clients.

• The investment in the Inland Empire reflects Granite's commitment to supporting local communities, creating jobs, and contributing to infrastructure development.

• With a successful track record in completing significant projects like the Perris Logistics Center North and Metrolink Station Expansion, Granite is positioned to participate in upcoming infrastructure projects in the region.

Negative

• None.

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite (NYSE:GVA) announced the opening of its new office in Ontario, California. This strategic move marks Granite's commitment to serving the Inland Empire and further solidifying its position in the market.

Located in the heart of the Inland Empire, Granite’s Ontario office will serve as a hub for Granite's operations in the region. With this expansion, Granite aims to enhance its local presence, foster stronger relationships with clients, and contribute to the region's growth.

• Infrastructure Connection: The Inland Empire is a vital corridor connecting Moreno Valley to Los Angeles. By establishing an office here, Granite aims to enhance this critical infrastructure link, facilitating smoother transportation and connectivity for residents and businesses.
• Market Expertise: “Our commitment to growing our expertise in the market is unwavering,” says Bill Moore, Granite’s Vice President of Regional Operations. “The establishment of our new office is in alignment with Granite’s plan to secure more projects in the Inland Empire.”
• Project Pipeline: Granite's presence in the Inland Empire positions it to participate in upcoming infrastructure projects. The company's track record of safety, quality, and sustainability makes it a trusted partner for public and private clients alike.

After successfully completing the $17 million Perris Logistics Center North project and the $22 million Metrolink Station Expansion, Granite will begin construction on the $25 million Hub at Ontario in June 2024.

Granite’s investment in the Inland Empire is a testament to its dedication to local communities. Not only is Granite creating jobs and supporting local suppliers, but it’s also contributing to infrastructure development. Furthermore, Granite is committed to fostering a robust hiring and recruiting process and encourages candidates to explore opportunities on its career page. This initiative aims to bring in local talent, providing them with opportunities for growth and development. By doing so, Granite hopes to be a positive force in the region, driving economic growth and community development.

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, X, Facebook, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240502848700/en/

Granite

Media

Erin Kuhlman 831-768-4111

Investors

Wenjun Xu - 831-761-7861

Source: Granite

FAQ

What is Granite's stock symbol?

Granite's stock symbol is GVA on the NYSE.

What projects has Granite completed in the Inland Empire?

Granite has successfully completed projects like the $17 million Perris Logistics Center North and the $22 million Metrolink Station Expansion in the Inland Empire.

When will Granite begin construction on the $25 million Hub at Ontario project?

Granite will start construction on the $25 million Hub at Ontario project in June 2024.

How is Granite contributing to local communities in the Inland Empire?

Granite is creating jobs, supporting local suppliers, and fostering economic growth and community development in the Inland Empire.

Where can candidates explore job opportunities at Granite?

Candidates can explore job opportunities at Granite on its career page.

Who is Granite's Vice President of Regional Operations?

Bill Moore is the Vice President of Regional Operations at Granite.

What is the focus of Granite's new office in Ontario, California?

Granite's new office in Ontario, California aims to enhance its local presence, foster client relationships, and contribute to the region's growth.