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08.17.17
Show Teaser Granite Subsidiary Awarded $21 Million Bridge Reconstruction Project in Chicago
Granite Construction Incorporated announced today that its wholly-owned subsidiary, Kenny Construction Company, has been awarded a $21 million contract by the Illinois Department of Transportation for the reconstruction and widening of the Van Buren Street Bridge in Chicago, Illinois. The contract will be included in Granite’ s third quarter 2017... Read more..
08.01.17
Show Teaser Granite Reports Second Quarter 2017 Results
Granite Construction Incorporated today reported net income of $14.1 million for the quarter ended June 30, 2017, compared to net income of $14.2 million in the second quarter of 2016. Earnings per diluted share in the quarter was $0.35, flat compared to the prior-year period. "Our businesses continue to win new work across the portfolio, with broad project... Read more..
07.31.17
Show Teaser Granite Awarded $318 Million Bridge Project in Brooklyn
Granite Construction Incorporated announced today it has been awarded a $318 million contract by the New York State Department of Transportation for the construction of phase two of the Kosciuszko Bridge in Brooklyn, New York. The contract will be included in Granite’ s second quarter 2017 backlog. The scope of work includes the construction of a new cable... Read more..
07.31.17
Show Teaser Granite Awarded $441 Million Joint Venture Design-Build Transit Project in Washington D.C.
Granite Construction Incorporated announced today that the joint venture team comprised of Granite Construction Company and Archer Western has been awarded the South Capitol Street Corridor Phase 1 design-build contract by the District of Columbia Department of Transportation. Granite will book its 50% share of the $441 million joint venture project... Read more..
07.27.17
Show Teaser Granite Awarded $20 Million Dam Project in Northern California
Granite Construction Incorporated announced today it has been awarded a $20 million contract by the South Feather Water& Power Agency for the Lost Creek Dam Crest Modification Project in Strawberry Valley, CA. The contract will be included in Granite’ s second quarter 2017 backlog. Scope of work includes increasing the dam spillway openings, raising the crest... Read more..
07.18.17
Show Teaser Granite Awarded $855 Million Joint Venture Design-Build Highway Project in Texas
Granite Construction Incorporated announced today that Grand Parkway Infrastructure, LLC comprised of Granite Construction Company, Ferrovial Agroman US Corp. and Webber, LLC has been awarded the SH-99 Grand Parkway Design-Build Contract for Segments H, I-1, and I-2 by the Texas Department of Transportation. Granite booked its 30 percent share of the $855... Read more..
07.18.17
Show Teaser Granite Announces Timing of Earnings Release and Investor Conference Call
Granite Construction Incorporated will release second quarter 2017 financial results on Tuesday, August 1, 2017, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, on Tuesday, August 1, 2017.. The Company invites investors to listen to a live audio webcast on its Investor Relations website,... Read more..
07.13.17
Show Teaser Granite Publishes 2016 Sustainability Update
Granite Construction Incorporated announced the publication of its 2016 Sustainability Update. The Update outlines the Company’ s initiatives, goals and performance as it relates to Granite’ s Seven Pillars of Sustainability: Safety and Health, Compliance and Ethics, Community, Employees, Environment, Sustainable Infrastructure and Quality. Read more..
06.08.17
Show Teaser Granite Awarded $36 Million Site Development Project in California
Granite Construction Incorporated announced today that it has been awarded a $36 million contract by the California Department of Transportation for the Interstate 15 Agriculture Inspection Station project in Nipton, California near the Nevada/ California border. Granite will book the contract into its second quarter 2017 backlog. Read more..
06.08.17
Show Teaser Granite Construction Declares Quarterly Dividend
Granite Construction Incorporated announced today that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on July 14, 2017, to all shareholders of record at the close of business on June 30, 2017.. Through its offices and subsidiaries nationwide, Granite Construction Incorporated is one of the... Read more..