Granite Awarded $64 Million Expressway Widening Project in Florida
WATSONVILLE, Calif.--(BUSINESS WIRE)--
Granite Construction Incorporated (NYSE: GVA) announced today that it
has been awarded a $64 million contract by the Florida Department of
Transportation to widen approximately 1.5 miles of the existing Lee Roy
Selmon Crosstown Expressway in Tampa, Florida. Granite will book the
project into backlog during the third quarter of 2011.
Elevated over 14 city streets, the expressway will be widened from four
lanes to six lanes while maintaining two open lanes of traffic at all
times. Work on the project also includes the installation of precast
bridge beams, drilled foundations, placed concrete and the replacement
of several existing bridge decks.
Construction is estimated to begin in the fourth quarter of 2011 and be
completed in the fourth quarter of 2013.
Granite Construction Incorporated is a member of the S&P 400 Midcap
Index, the FTSE KLD 400 Social Index and the Russell 2000 Index. Granite
Construction Company, a wholly owned subsidiary, is one of the nation's
largest diversified heavy civil contractors and construction materials
producers. Granite Construction Company serves public- and
private-sector clients through its offices and subsidiaries nationwide.
In 2011, the Company was named one of the World's Most Ethical
Companies. For more information about Granite, please visit its website
Granite Construction Incorporated
Jacque Fourchy, 831-761-4741
Source: Granite Construction Incorporated
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