-

Granite Awarded $20 Million Railroad Crossing Project in Central California

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today it has been awarded a $20 million contract by the City of Fresno to construct the Veterans Boulevard Project in Fresno, California.

The project is the second of five phases in the City of Fresno’s program to construct the new Veterans Boulevard alignment in northwest Fresno. Scope of the work includes closing an existing at-grade crossing at the Union Pacific Railroad tracks as well as creating a new bridge structure. The new bridge structure will provide access to traffic over the existing tracks, future High Speed Rail tracks as well as connect Veterans Boulevard to the future Golden State Boulevard alignment.

“We look forward to once again partnering with the City of Fresno and other key stakeholders to deliver another successful project for the Central Valley” said Jeff Grimm, Granite Fresno Area Manager. “The construction of this project is important for the continued development of both the City of Fresno’s Veterans Boulevard vision and the High Speed Rail alignment through the city.”

Construction on the project is expected to begin in the spring of 2020 and is estimated to be complete in the fall of 2021. To learn more about the project, visit fresno.gov/publicworks/veterans-boulevard.

About Granite

Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite provider in the transportation, water infrastructure and mineral exploration markets. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. In addition to being one of the World’s Most Ethical Companies for eleven consecutive years, Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit the Granite website, and connect with Granite on LinkedIn, Twitter, Facebook and Instagram.

Contacts

Media
Erin Kuhlman 831-768-4111
Investors
Lisa Curtis 831-728-7532

Granite

NYSE:GVA

Release Versions

Contacts

Media
Erin Kuhlman 831-768-4111
Investors
Lisa Curtis 831-728-7532

More News From Granite

Granite Awarded $31 Million Early Works Package for Willow Rock Energy Storage Center in California

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that it has been awarded an approximately $31 million Early Works Grading Package by Hydrostor for its Willow Rock Energy Storage Center (WRESC) Project, located north of Rosamond in Kern County, California. The award will be included in Granite’s third quarter 2026 CAP. The Willow Rock Energy Storage Center is a planned 500 MW Advanced Compressed Air Energy Storage (A-CAES) facility in the Mojave Desert, capable of poweri...

Granite Appoints George L. Nash, Jr. to Board of Directors

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) announced today the appointment of George L. Nash, Jr. to its Board of Directors, effective August 5, 2026. With more than three decades of leadership experience across the global energy, infrastructure, and construction sectors, Mr. Nash brings extensive operational, strategic, and governance expertise to support Granite’s continued growth and long-term value creation. Mr. Nash most recently served as Chief Executive Officer of the Nort...

Granite Reports Second Quarter 2026 Results

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) today announced results for the quarter ended June 30, 2026. Second Quarter 2026 Results Net loss attributable to Granite totaled $278 million, or $(6.36) per diluted share, compared to net income attributable to Granite of $72 million, or $1.42 per diluted share, for the same period in the prior year. The net loss was driven by a $360 million non-operating loss on convertible debt transactions associated with our 3.75% convertible notes...
Back to Newsroom