Granite Construction announced the close of the sale of its trenchless and pipe rehabilitation services business (Inliner) to Inland Pipe Rehabilitation, a portfolio company of investment affiliates of J.F. Lehman & Co., for a purchase price of $159.7 million.
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Rock for Utah: The I-80 South Quarry
Feb. 9, 2022 – This just in from the “community outreach is critical” department: Granite Construction and Tree Farm LLC are partnering to develop the I-80 South Quarry in Parleys Canyon, Utah. A website detailing the project is available to view, and hopefully it will create a positive perception of the project, allowing it to ultimately move forward. In the past decade, Utah’s…
Read MoreGranite Celebrates 100th Anniversary
By Mark S. Kuhar Granite celebrated its centennial on Jan. 4. Founded 100 years ago in Watsonville, Calif., Granite has grown into one of our nation’s largest civil infrastructure contractors and construction materials producers. Granite works in multiple end-markets from Guam to Alaska to Florida and many points in between. Granite President and CEO Kyle Larkin wrote the following open…
Read MoreGranite Divestitures and Actions in Alignment with New Strategic Plan
Granite Construction Inc. announced several actions that it said are designed to position the company to focus on efficiently growing its core civil construction and materials business.
Read MoreGranite Receives Two Safety Awards
Granite received two 2021 CalCIMA Excellence in Safety Awards at the 2021 CalCIMA Education Conference. The awards recognize “exceptional contributions to safety leadership, innovation, and commitment,” and award categories include aggregate, industrial mineral, cement, concrete, and asphalt facilities, as well as employees, safety professionals, and special recognition. Granite’s Solari Sand & Gravel facility in Arvin, Calif., won in the Small…
Read MoreGranite Celebrates 100th Anniversary
Granite celebrated its centennial on Jan. 4. Founded 100 years ago in Watsonville, Calif., Granite has grown into one of our nation’s largest civil infrastructure contractors and construction materials producers. Granite works in multiple end-markets from Guam to Alaska to Florida and many points in between. Granite President and CEO Kyle Larkin wrote the following open letter to mark this occasion:
Read MoreGranite Commits to Bringing Women into Leadership
Granite is committed to bringing more women into leadership as part of Catalyst CEO Champions for Change. These CEO champions continue to advance women in their organizations at every level across the leadership pipeline, particularly in the executive ranks – demonstrating their commitment to doubling down on diversity, equity and inclusion (DEI) in the midst of a global pandemic and…
Read MoreGranite Receives Two Safety Awards
Granite received two 2021 CalCIMA Excellence in Safety Awards at the 2021 CalCIMA Education Conference. The awards recognize “exceptional contributions to safety leadership, innovation, and commitment,” and award categories include aggregate, industrial mineral, cement, concrete, and asphalt facilities, as well as employees, safety professionals, and special recognition.
Read MoreGranite Reports Solid Third Quarter
Granite Construction announced results for the third quarter ended Sept. 30, reporting that net income increased to $35.0 million, or $0.73 per diluted share, compared to a net loss of $91.2 million, or $2.00 per diluted share, for the same period last year. The company also reported:
Read MoreSpotlighting Sustainability
Granite Places Increased Emphasis On Sustainability As It Becomes One Of The Company’s Core Values. By Therese Dunphy
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