-

Granite Awarded $45 Million Runway Reconstruction Project in Nevada

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today it has been awarded a $45 million contract by the Reno-Tahoe Airport Authority for the Runway 16R-34L Reconstruction Project at the Reno-Tahoe International Airport in Reno, Nevada.

Granite’s scope of work includes reconstruction of a 20-year-old runway with approximately 40,000 cubic yards of concrete, 25,000 tons of hot-mix asphalt, 22,000 tons of aggregate base, 40,000 tons of asphalt treated base rock and 60,000 tons of wildlife rock that is often used between runways and taxiways to keep animals from burrowing or nesting. Construction materials for the project will be supplied by Granite’s Lockwood Facility.

“Granite has a long history of performing work at the Reno-Tahoe International Airport, performing close to $100 million of work over the past twenty years,” said Granite Regional Vice President, Brian Dowd. “We look forward to once again working with Reno-Tahoe Airport Authority on this critical infrastructure improvement project.”

Construction on the project is expected to begin in the second quarter of 2020 and is estimated to be complete in the fourth quarter of 2021.

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

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

Granite

NYSE:GVA

Release Versions

Contacts

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

More News From Granite

Granite Construction Incorporated Announces Redemption of Outstanding 3.75% Convertible Senior Notes due 2028

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced that it has called all of its outstanding 3.75% Convertible Senior Notes due 2028 (the “2028 Notes”) (CUSIP No. 387328 AD9) for redemption on August 10, 2026 (the “Redemption Date”). The redemption price will be an amount in cash equal to 100% of the principal amount of each 2028 Note called for redemption, plus accrued and unpaid interest on such 2028 Note to, but excluding, the Rede...

Granite Construction Incorporated Prices $600 Million Senior Notes Offering

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) announced today that it has priced its previously announced offering of $600.0 million aggregate principal amount of 6.375% senior notes due 2034 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”). The Notes will be guaranteed by each of Granite’s existing and future domestic subsidiaries that is a borrower or gua...

Granite Construction Incorporated Announces Private Offering of $600 Million of Senior Notes Due 2034

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) announced today that it plans to offer $600.0 million aggregate principal amount of senior notes due 2034 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”). The Notes will be guaranteed on an unsecured basis by each of Granite’s existing and future domestic subsidiaries that is a borrower or a guarantor under Gra...
Back to Newsroom