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Granite Awarded Two Medicine Road Rehabilitation Project in Glacier National Park

Granite (GVA) received a contract worth approximately $23.7 million from the Federal Highway Administration’s Western Federal Lands Highway Division to rehabilitate Two Medicine Road in Glacier National Park, Montana.

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WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite (NYSE:GVA) announced today that it has been awarded a contract by the Federal Highway Administration’s Western Federal Lands Highway Division (WFL) to rehabilitate Two Medicine Road in Glacier National Park, Montana. The contract is a partnership between WFL, the National Park Service, and the Blackfeet Nation, and is valued at approximately $23.7 million, and will be included in Granite’s third quarter CAP.

This project will rehabilitate 7.22 miles of Two Medicine Road, the primary access corridor serving Glacier National Park’s Two Medicine area. The improvements will provide safer, more reliable access while supporting the long-term performance of the roadway.

Granite’s scope of work includes roadway reconstruction, roadway obliteration, crushed surfacing, hot mix asphalt paving, parking area restoration, drainage improvements, striping, stream channel restoration, and construction of new visitor amenities. The project employs full-depth reclamation with cement, recycling the existing pavement in place to reduce imported material and haul traffic through the park.

“Two Medicine Road is Granite’s fourth FHWA Western Federal Lands project in the region in the past three years, strengthening our partnership with WFL and reflecting our shared commitment to providing access to America’s treasures through innovative, context-sensitive transportation solutions,” said Paul Harding, Granite Regional Vice President. “The project also provides an important opportunity to build new relationships with the Blackfeet Nation and the National Park Service as we work together to deliver lasting value for Glacier National Park and the surrounding community.”

Construction is scheduled to begin in fall 2026 and is expected to be completed in late 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 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.

Granite Contacts
Media
Erin Kuhlman 831-768-4111
Investors
Wenjun Xu - 831-761-7861

Source: Granite

Key Terms

full-depth reclamation technical
Full-depth reclamation is a road-repair method that pulverizes the entire pavement surface and a controlled depth of underlying base material, mixes and often stabilizes that recycled material on-site, then re-compacts it to form a renewed roadway foundation ready for a new surface layer. For investors, it matters because it is a capital-intensive infrastructure activity that affects project costs, contract scope, equipment use and the expected lifespan and maintenance needs of transportation assets—think of rebuilding a floor by grinding up and reusing the old boards instead of laying new ones on top.
hot mix asphalt technical
Hot mix asphalt is a heated blend of crushed stone, sand and bitumen (a sticky black binder) used to pave roads, parking lots and runways; think of it as a warm, durable road “concrete” made by mixing ingredients while hot so they stick together tightly. Investors watch it because its demand and price track construction and infrastructure spending, energy costs and seasonal production cycles, which affect contractors’ revenues and materials suppliers’ margins.

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