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Stock impact report

Granite (GVA) to Remove & Replace the Edgewater Creek Bridge [Yahoo! Finance]

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: Yahoo! Finance
The City of Everett has provided this contract, which includes the removal of the existing bridge and the construction of a new bridge over the Edgewater Creek Basin and is funded by federal grants and local funds. Although the project involves some engineering challenges due to the steep and unstable soils of the ravine, GVA's experts will construct a trestle to facilitate access for the work. Moreover, Granite's Smith Island Facility will supply 1,610 tons of Hot Mix Asphalt and its Granite Falls Aggregate Plant will supply 4,685 tons of aggregates. This project creates a robust backlog for the region for the next year and a half. Project value has been included in GVA's second-quarter Committed and Awarded Projects (CAP). The work is expected to begin in November this year and is likely to be completed in January 2026. Solid CAP Synergies The consistent award wins have been driving GVA's performance. The company is focused on growing a high-quality CAP portfolio on the bac Show less Read more
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