Granite Construction IncorporatedNYSE: GVA

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $25 million contract by the City of Everett to remove and replace the Edgewater Creek Bridge. The project will be funded by federal grants and local funds, and will be included in Granite's second-quarter CAP. Project scope includes the removal of the existing bridge, originally built in 1946, and the construction of a new bridge over the Edgewater Creek Basin. The project presents engineering challenges.

Granite (GVA) is set to rehabilitate the pavement along SR41, providing a smoother ride and reducing maintenance demands.

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 repla.

Here is how Granite Construction (GVA) and Armstrong World Industries (AWI) have performed compared to their sector so far this year.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has executed a long-term lease with the Port of Woodland for a new construction materials facility. The facility will be on a 25-acre site next to the Columbia River, reinforcing Granite's commitment to the Southwest Washington area home market. Key Highlights: Location: The facility will be near Woodland, WA, providing construction materials into the Southwest Washington area construction market. Market Support: The lease agreement allow.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced that it has closed its offering of $373.75 million aggregate principal amount of 3.25% Convertible Senior Notes due 2030 (the “Convertible Notes”) for gross proceeds of $373.75 million. The proceeds include the full exercise of the option by the initial purchasers to purchase an additional $48.75 million aggregate principal amount of the Convertible Notes granted by Granite to the ini.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite's (NYSE:GVA) board of directors has appointed Carlos M. Hernandez as a director of the company, effective June 5, 2024. Mr. Hernandez brings decades of industry experience as the former chief executive officer of Fluor Corporation, the Irving, Texas-based engineering and construction firm. His career has included work in manufacturing, procurement, and engineering, with particular expertise in safety and environmental issues, governance, compliance,.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced the pricing of its previously announced offering of $325 million aggregate principal amount of 3.25% Convertible Senior Notes due 2030 (the “Convertible Notes”). In connection with the offering of the Convertible Notes, Granite granted the initial purchasers of the Convertible Notes the right to purchase up to an additional $48.75 million aggregate principal amount of Convertible Note.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced that it intends to offer, subject to market and other conditions, $325 million in aggregate principal amount of convertible senior notes due 2030 (the “Convertible Notes”). In connection with the offering of the Convertible Notes, Granite expects to grant the initial purchasers of the Convertible Notes an option to purchase up to an additional $48.75 million aggregate principal amount.