Granite announced its “Sustainable Practices | Materials” video has been named Best General Non-Broadcast in the 44th Annual Telly Awards. The Telly Awards honors excellence in video and television across all screens and is judged by leaders from video platforms, television, streaming networks, production companies and including Adobe, BBC World Service, Netflix, Dow Jones, Complex Networks, Jennifer Garner, A&E Networks,…
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Granite Begins Public Comment Period on Utah Parley’s Canyon Project
Granite has received approval from the Utah Department of Air Quality (UDAQ) to begin the public comment period as part of Granite’s Parleys I-80 South Quarry small mine air permit application. During this rigorous application process, the application undergoes a comprehensive 30-day comment period, allowing the public to provide valuable input.
Read MoreExtreme Weather Hampers Granite First-Quarter Results
Granite Construction Inc. announced results for the quarter ended March 31, reporting a net loss of $23 million, or $0.53 per diluted share, compared to net loss of $27 million, or $0.58 per diluted share, for the same period in the prior year.
Read MoreGranite Acquires Coast Mountain Resources on Vancouver Island
Granite has completed the acquisition of Coast Mountain Resources (2020) Ltd., a construction-aggregate producer based in British Columbia, Canada, on Malahat First Nation land. Coast Mountain Resources operates the Bamberton Quarry on Vancouver Island, which is strategically located on the deep water of the Saanich Inlet. Granite has been a customer of the quarry due to its high-quality aggregate and…
Read MoreGranite Acquires Brunswick Canyon Quarry
Granite has purchased the high-quality aggregate-producing Brunswick Canyon quarry and asphalt plant in Carson City, Nev. The acquisition supports Granite’s vertically integrated business in northern Nevada, aligning with the Nevada Region’s home market strategy.
Read MoreGranite Construction Reports 2022 Net Income Increase
Granite Construction Inc. announced results for the fourth quarter and year ended Dec. 31, 2022. Fourth quarter 2022 net income totaled $22 million, or $0.46 per diluted share, compared to a net loss of $13 million, or $0.29 per diluted share, in the same period of the prior year. Fourth quarter 2022 adjusted net income totaled $25 million, or $0.56 per diluted…
Read MoreGranite’s Larkin Named to NAPA Board
Granite President and CEO Kyle Larkin has been selected for appointment to the board of directors of the National Asphalt Pavement Association (NAPA). Larkin will be appointed to an at-large seat starting in 2023, with his first official meeting at the NAPA annual meeting in Miami in February.
Read MoreNSSGA Member Discusses Effective IIJA Implementation at EPW Hearing
Vice President of Land and Quarry Operations at Granite Construction Co. and National Stone, Sand & Gravel Association (NSSGA) member Gary W. Johnson testified in front of the U.S. Senate Committee of Environment and Public Works. He highlighted the industry’s key issues, such as: infrastructure implementation challenges; permitting reform; Buy Clean initiatives; and the current situation with rail service.
Read MoreNSSGA Member Testifying at Upcoming EPW Hearing
Nov. 28, 2022 – On Wed., Nov. 30 at 10:00 a.m. EST, National Stone, Sand & Gravel Association (NSSGA) member Gary W. Johnson, vice president of land and quarry operations at Granite Construction Co., will participate in a hearing held by the Committee of Environment and Public Works on the Bipartisan Infrastructure Law Implementation, examining private sector perspectives. He will share a first-hand perspective on the value aggregates…
Read MoreGranite Materials Revenue Rises in Third Quarter
Granite Construction announced results for the quarter ended Sept. 30. Net income totaled $73 million, or $1.44 per diluted share, compared to net income of $35 million, or $0.73 per diluted share, for the same period in the prior year. Adjusted net income totaled $63 million compared to adjusted net income of $43 million for the same period in the…
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