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Stock impact report

Granite Embarks on Rehabilitation Project Near Stratford, California

Granite Construction Incorporated (GVA) 
Last granite construction incorporated earnings: 10/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.graniteconstruction.com
Company Research Source: Business Wire
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $15 million contract by the California Department of Transportation (Caltrans) to rehabilitate pavement along State Route 41 (SR41) near Stratford, California. Project funding comes from Caltrans and will be included in Granite’s second-quarter CAP.This project aims to rehabilitate the pavement, providing a smoother ride and reducing maintenance demands. The rehabilitation will involve removing and replacing failed pavement areas with 49,400 tons of Hot Mix Asphalt (HMA) and then placing a surface course of 19,100 tons of Rubberized Hot Mix Asphalt (RHMA) which will be supplied by Granite’s Coalinga plant in Fresno County, California.In addition to the pavement rehabilitation, culverts along the route will be lengthened and rehabilitated, guard railing and barriers will be upgraded, and failing bridge approaches pavement will be replaced with concrete approaches slabs.“Our team is proud to t Show less Read more
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