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. reports news on its U.S. civil infrastructure construction business and construction materials operations. Company updates commonly cover quarterly results, Committed and Awarded Projects, project awards for highways, bridges, tactical infrastructure, transit corridors and roadway rehabilitation, and the use of aggregates, asphalt and other materials within its vertically integrated platform.
Granite news also includes capital allocation and corporate development items, including quarterly dividends and completed acquisitions that expand regional construction and materials markets. The company, incorporated since 1922, serves public and private infrastructure customers and reports developments tied to project selection, public-market funding, materials production, and geographic expansion.
Granite (NYSE:GVA) has secured a contract for the Oddie Boulevard/Wells Avenue Corridor Project in Reno, Nevada, valued at approximately $44 million. This project will enhance multi-modal transportation across a 3.2-mile corridor, contributing to regional infrastructure improvements. The scope includes roadway reconfiguration, utility upgrades, and enhanced pedestrian access. Scheduled to commence in Q3 2021 and complete by Q2 2023, this project is expected to positively impact Granite's backlog and strengthen its relationship with the Regional Transportation Commission.
Summary not available.
Granite (NYSE:GVA) has joined the National Hispanic Corporate Council (NHCC) as a new corporate member. This partnership provides Granite access to valuable resources aimed at maximizing opportunities within the $2 trillion U.S. Hispanic market, which includes 60 million individuals. Jorge Quezada, Granite's VP of Inclusive Diversity, emphasized the company’s commitment to diversity and improving the lives of Hispanic employees and communities. The NHCC's five-pillar framework offers guidance on human resources, marketing, and community relations within the Hispanic market.
Granite (NYSE:GVA) has secured a $12 million contract from the County of San Luis Obispo for the construction phase of the Runway 11-29 Rehabilitation Project at San Luis Obispo County Regional Airport. This project follows Granite's previous contract for the construction manager at risk (CMAR) portion in 2020, where they provided design assistance. The work includes milling the runway and replacing it with new hot mix asphalt, along with upgrading signs and lighting to energy-efficient LED. Construction is set to begin in July 2021 and wrap up by October 2021.
Summary not available.
Granite Construction (NYSE: GVA) announced that CEO Kyle Larkin will engage in a virtual fireside chat with Vertical Research Partners on June 16, 2021, at 2:00 p.m. ET. This event caters exclusively to Vertical Research clients and will be accessible via Granite's website about 24 hours post-chat. Established in 1922, Granite is a leading diversified construction company in the U.S., focusing on transportation, water infrastructure, and mineral exploration. The firm emphasizes safety, quality, and sustainability in its operations.
Granite (NYSE:GVA) has appointed three new directors and promoted Kyle T. Larkin to president and CEO. Michael F. McNally, who has been on the board since 2016, was elected as the new board chair. The new directors are Louis E. Caldera, former U.S. Secretary of the Army, Laurie M. Mullen, a retired KPMG partner, and Larkin, increasing the board from ten to twelve members. This transition follows the retirement of former chair Claes G. Bjork, who served for 15 years, contributing significantly during challenging times.
Summary not available.
Granite Construction Incorporated (NYSE: GVA) has declared a quarterly cash dividend of $0.13 per common share. This dividend will be payable on July 15, 2021, to shareholders on record as of June 30, 2021. Granite is a leading diversified construction company in the U.S., focusing on transportation, water infrastructure, and mineral exploration. Established in 1922, the firm prides itself on strong ethical standards and industry-leading safety practices.
Summary not available.