Welcome to our dedicated page for Granite Construction news (Ticker: GVA), a resource for investors and traders seeking the latest updates and insights on Granite Construction stock.
Granite Construction Inc. (NYSE: GVA) is a renowned leader in the construction industry, offering comprehensive infrastructure and heavy civil construction services since its establishment in 1922. Headquartered in Watsonville, California, Granite serves a diverse range of clients, including private entities and local, state, and federal agencies.
The company excels in various sectors, including mining, earthwork, water/sewer, power, tunneling, rail, highway, and bridge construction. Over the years, Granite has become an industry pioneer in alternative project delivery methods such as design-build, CMAR/CMGC, and best value. By fostering genuine partnerships with both project owners and designers, Granite ensures cohesive and successful project teams.
On an annual basis, Granite engages in approximately $800 million worth of alternative project delivery method (APDM) projects and has successfully completed over $12 billion in alternative procurement projects in the last decade. The company’s commitment to excellence is reflected in its award-winning infrastructure projects and its continued innovation in project delivery.
Granite's core operations are divided into two main segments: Construction and Materials. The Construction segment is the primary revenue driver, focusing on heavy civil infrastructure projects such as roads, highways, transit facilities, airports, and bridges. Additionally, Granite provides site preparation and infrastructure services for residential and energy development projects.
Despite the competitive landscape, Granite’s strategic partnerships and innovative project delivery approaches set it apart from its peers. The company is actively involved in numerous high-profile projects and is continually expanding its portfolio to include cutting-edge infrastructure solutions.
For those seeking detailed, up-to-date information about Granite Construction Inc.'s performance and latest projects, StockTitan offers a comprehensive resource. From financial health to project updates, StockTitan keeps stakeholders informed about all major developments concerning Granite Construction Inc.
Granite (NYSE:GVA) has launched the Construction DEI Talks podcast, in collaboration with Rosendin, focusing on diversity, equity, and inclusion in the construction industry. The podcast is co-hosted by Granite's Vice President of Inclusive Diversity, Jorge Quezada, and industry professionals. The first episode features Granite President and CEO Kyle Larkin alongside Rosendin CEO Mike Greenawalt. The podcast aims to drive essential conversations within the industry and will be released monthly across major platforms. Granite, established in 1922, is a leading diversified construction company in the U.S.
Granite (NYSE:GVA) has secured a $19 million contract for a runway repair project at Cannon Air Force Base from the U.S. Army Corps of Engineers. This project includes a mill and asphalt overlay, new runway shoulders, and installation of various lighting systems. Work is set to start in November 2021 and finish by July 2022. This contract marks a significant achievement for Granite, reinforcing its presence in the Southwest and enhancing its portfolio in military airfield projects.
Granite (NYSE:GVA) supports the inaugural Construction Inclusion Week from
Granite Construction Incorporated (NYSE: GVA) will announce its third quarter 2021 financial results on October 28, 2021, before the market opens. An investor conference call is scheduled for 8:00 a.m. PT on the same day, accessible via a live audio webcast on their Investor Relations website or by phone. A replay will be available until November 4, 2021.
Granite, a leader in diversified construction and materials in the U.S., focuses on transportation, water infrastructure, and mineral exploration markets.
Granite Construction Incorporated (NYSE: GVA) has declared a quarterly cash dividend of
Granite (NYSE:GVA) has secured the DBB1 contract from the Tucson Airport Authority, contributing to the Airfield Safety Enhancements program at Tucson International Airport. This approximately $25.7 million contract marks Granite's 14th project at TUS in 10 years and will be part of their third-quarter commitments. The project aims to enhance airfield safety and access for the Air National Guard, with work including taxiway construction, drainage, and pavement markings. Project initiation is slated for October 2021, with completion expected in January 2023.
Granite (NYSE:GVA) has secured a $64 million contract for the Jurupa Road Grade Separation project from the Riverside County Transportation Department in California. This contract is part of Granite’s second quarter committed and awarded projects. The work involves separating Jurupa Road from the Union Pacific Railroad, aimed at enhancing community safety by reducing traffic congestion and emergency vehicle response times. Construction is set to start in August 2021 and finish by August 2023.
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