-

Granite Highway Realignment Project Wins 2021 Construction Risk Partners Build America Award

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has received the 2021 Construction Risk Partners Build America Award in the Marvin M. Black Partnering Excellence category from Associated General Contractors of America (AGC) for the $133 million SR 99 CMGC Realignment Project in Fresno, California. It has also been nominated for the Construction Risk Partners Build America Grand Award.

The Build America awards honor AGC members who build the nation's most impressive construction projects across building, highway and transportation, utility infrastructure, and federal and heavy divisions. The Marvin M. Black Partnering Excellence Construction Risk Partners Build America Award, inspired by AGC's past president Marvin M. Black, recognizes contractors for their excellence in signing a formal partnering charter, achieving a common goal, honoring all stakeholders, resolving conflict, improving project communications with all audiences, and incorporating team-building activities.

The SR 99 CMGC Realignment Project is part of the Caltrans/California High-Speed Rail Authority’s corridor of projects between Merced and Fresno. The project successfully realigned two miles of SR 99, demolished and reconstructed the Clinton interchange, rebuilt structures over SR 99 and the Union Pacific Railroad (UPRR) tracks, installed long-life pavement, constructed 17 retaining walls, and relocated multiple utilities. Granite reconfigured an interchange, overhead structures, and infrastructure to accommodate the high-speed rail system between the existing freeway and the UPRR, all while keeping the lanes of SR 99 open to traffic.

"Being recognized for doing the work you love is the icing on the cake," said Granite Project Executive George Delano. "This project is a testament to what can be achieved when the owner, contractor, subcontractors, local stakeholders, and public all work together. The project team not only finished on time and on budget, but also excelled in safety, quality, community outreach, and teamwork."

The award will be presented at the AGC's annual Convention this September in Orlando.

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. Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit graniteconstruction.com, and connect with Granite on LinkedIn, Twitter, Facebook, and Instagram.

Contacts

Media
Erin Kuhlman
831-768-4111

Investors
Wenjun Xu
831-761-7861

Granite Construction Incorporated

NYSE:GVA

Release Versions
$Cashtags

Contacts

Media
Erin Kuhlman
831-768-4111

Investors
Wenjun Xu
831-761-7861

Social Media Profiles
More News From Granite Construction Incorporated

Granite Awarded Preconstruction Services Agreement for Progressive Design-Build Project on I-80 East in Nevada

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) today announced that the Nevada Department of Transportation (NDOT) has selected the company to deliver preconstruction services for the future Interstate 80 (I-80) East Widening Project along the 13-mile corridor between Vista Boulevard and USA Parkway in Washoe County. The approximately $19 million preconstruction services agreement represents a major milestone toward the delivery of the anticipated $475 million construction phase, fund...

Granite Declares Quarterly Dividend

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on April 15, 2026, to all shareholders of record at the close of business on March 31, 2026. 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 wel...

Granite Reports Fourth Quarter and Fiscal Year 2025 Results

WATSONVILLE, Calif--(BUSINESS WIRE)--Granite (NYSE: GVA) today announced results for the quarter and year ended December 31, 2025. Fourth Quarter 2025 Results Net income totaled $52 million, or $1.03 per diluted share, compared to net income of $41 million, or $0.84 per diluted share, for the same period in the prior year. Adjusted net income totaled $65 million, or $1.40 per diluted share, compared to adjusted net income of $56 million, or $1.23 per diluted share, for the same period in the pr...
Back to Newsroom