Welcome to our dedicated page for Granite Constr news (Ticker: GVA), a resource for investors and traders seeking the latest updates and insights on Granite Constr stock.
Granite Construction Inc (GVA) delivers essential infrastructure solutions through heavy civil construction and innovative project delivery methods. This news hub provides investors and industry professionals with direct access to the company's official announcements, financial disclosures, and operational updates.
Discover timely information on quarterly earnings, major project awards, and strategic initiatives that shape GVA's position in transportation, water infrastructure, and materials markets. Our curated collection includes regulatory filings, leadership updates, and partnership announcements critical for assessing the company's market trajectory.
Key updates cover public sector contracts, safety milestones, and sustainability efforts across Granite's nationwide operations. Bookmark this page to monitor developments in design-build projects, materials innovations, and compliance with evolving infrastructure regulations.
Granite (NYSE:GVA) has secured a $111 million contract from the Utah Department of Transportation for a major infrastructure project in Salt Lake City. The project involves rehabilitating 3 miles of I-215 and 12 miles of ramps connecting SR-201, I-80, and California Avenue, along with renovating 22 bridges.
The comprehensive project includes rubblizing existing concrete pavement, installing 175,000 tons of modified hot mix asphalt, performing bridge deck replacements, and installing 22,000 linear feet of storm drain. Construction is scheduled to begin in August 2025 and complete in November 2026.
Granite (NYSE:GVA) has secured a Construction Manager/General Contractor (CM/GC) project at San Francisco International Airport (SFO) for the Runway 1R-19L Rehabilitation and Taxiway W Construction Project. The project, valued at $115 million, is part of SFO's multi-billion-dollar Capital Improvement Program.
The construction phase will run from March 2026 through November 2026, following a preconstruction period from June 2025 to January 2026. The scope includes rehabilitating Runway 1R-19L, constructing new Taxiway W, and upgrading various infrastructure components. Granite will supply approximately 185,000 tons of asphalt from its Santa Clara facility.
Granite (NYSE:GVA) has been awarded the Rice Pumping Station & Pipeline Project as part of the Horizon Lateral Program in Southern Nevada. The project, in partnership with Contri Construction Company through the Southern Nevada Construction Partners joint venture, includes building a 30 million gallons per day pumping station and installing a 21,000-linear-foot, 42-inch diameter steel water pipeline.
The project begins with a $2 million preconstruction services agreement awarded in May 2025, with an expected transition to a $100-$120 million construction phase, of which Granite's portion will be approximately $70 million. Construction is scheduled to run from February 2027 through March 2030, enhancing water delivery capabilities for the Las Vegas Valley Water District and City of Henderson.
Granite (NYSE:GVA) has secured a $54 million federal contract for the first phase of a Parks Highway realignment project in Alaska. The project, awarded by the Alaska Department of Transportation and Public Facilities, involves realigning the highway from milepost 319 to 322 to enhance traffic safety by reducing sharp corners. The scope includes 2.5 million cubic yards of earthwork and 25,000 tons of asphalt paving.
The project utilizes a Construction Manager/General Contractor (CMGC) approach, with an estimated $35 million value for the remaining segment. Construction began May 1, 2025, with completion expected by September 2027. The project team includes DOT&PF, Michael Baker International as designer, and Granite, collaborating to optimize design and execution.