STOCK TITAN

Granite Marks One Century in Business

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Granite (NYSE:GVA) celebrates its 100th anniversary on January 4, 2022, marking a century as a major civil infrastructure contractor and construction materials producer. Founded in Watsonville, California, Granite operates across the U.S., from Guam to Alaska and Florida. President and CEO Kyle Larkin expressed gratitude to employees, clients, subcontractors, and communities for their support in building vital infrastructure. Looking ahead, Granite aims to adapt and thrive in a changing world by understanding client and community needs as it builds for the next century.

Positive
  • Celebrated 100 years of operations, indicating stability and longevity.
  • Recognized as one of the largest civil infrastructure contractors in the U.S.
  • Expressed commitment to innovation and responsiveness to client needs.
Negative
  • None.

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite (NYSE:GVA) is proud to celebrate our centennial on January 4th, 2022. Founded 100 years ago in Watsonville, California, Granite has grown into one of our nation’s largest civil infrastructure contractors and construction materials producers. Granite works in multiple end-markets from Guam to Alaska to Florida and many points in between. Granite President and CEO Kyle Larkin wrote the following open letter to mark this occasion:

“It is hard to appreciate how much has changed in the world since 1922. At our founding, Prohibition was the law of the land, and the first transatlantic flight was still half a decade away. Personal mobility revolutionized our country and our world, and Granite was there, playing a role in driving our communities forward. As a company that has made it easier for people to get where they need to go, our story is intimately tied to the American story. Now one of our nation’s largest civil infrastructure contractors and construction materials producers, Granite’s success has only been possible thanks to the partnerships with our many stakeholders.

“To all Granite team members past and present, I extend my heartfelt thanks to you and your families. It is thanks to you and your commitment to Granite’s vision, mission, and values that we have created an innovative culture and exceptional team that delivers excellence for our clients.

“To all of our clients, thank you for trusting us to provide the infrastructure solutions you need. We are dedicated to providing you with the best value in the projects that improve people’s lives, and we appreciate every opportunity to do so.

“To our subcontractors, suppliers, and partners, thank you for the partnership that has and continues to empower us to conduct our business. Our collaborations have driven the creation of vital infrastructure that millions of people use every day.

“Finally, thank you to the communities where we operate. Our goal is to contribute to your social, economic, and environmental success by providing career opportunities, operating ethically and responsibly, and engaging meaningfully for positive social impact.

“Granite will maintain relevance in a changing world by listening to and understanding the needs of our clients and communities as we all work towards building the next century. Thank you for your help on that journey. We can’t wait to see what’s next as we build beyond 100!”

Take a look at Granite’s Centennial page on our website and follow Granite’s social media platforms during 2022 to learn more about the company and to see our various centennial events and celebrations.

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 provider in the transportation, water infrastructure, and mineral exploration markets. 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 graniteconstruction.com, and connect with Granite on LinkedIn, Twitter, Facebook, and Instagram.

Media

Erin Kuhlman - 831-768-4111

Investors

Wenjun Xu - 831-761-7861

Source: Granite

FAQ

What is the significance of Granite's 100th anniversary?

Granite celebrates its 100th anniversary on January 4, 2022, highlighting its long-standing presence in civil infrastructure and construction materials.

Who is the President and CEO of Granite?

Kyle Larkin is the President and CEO of Granite.

Where does Granite operate in the U.S.?

Granite operates across the U.S., from Guam to Alaska to Florida.

What does Granite focus on as a company?

Granite focuses on civil infrastructure contracting and construction materials production.

What is Granite's stock symbol?

Granite's stock symbol is GVA.

Granite Construction Inc.

NYSE:GVA

GVA Rankings

GVA Latest News

GVA Stock Data

3.99B
43.30M
0.97%
113.31%
10.15%
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
Link
United States of America
WATSONVILLE