-

Safety and Mobility Improvement Project nets Granite Approximately $46 Million Contract

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $46 million contract by the California Department of Transportation (Caltrans) to improve safety and mobility along U.S. Highway 101 in Humboldt County, California. The project will be funded by the Federal Highway Administration (FHWA) and was included in Granite’s fourth quarter 2022 CAP.

Granite’s work will enhance the safety and mobility of motorists by constructing the all-new Indianola Interchange on U.S. Highway 101, effectively eliminating a T-intersection along the primary route between Arcata and Eureka. The project will include a column-stabilized embankment with over 5,000 columns averaging 65 feet deep, 42,000 cubic-yards of cement-treated load transfer platform, and 24,000 cubic yards of lightweight foam fill to support the new roadway.

“This project includes several unique construction features to address challenging subsurface conditions and completion will result in safer passage along this stretch of highway,” said Granite VP of Regional Operations, Brent Fogg. “The Indianola Interchange project is in direct alignment with our strategic plan for geographic growth and adds to our presence in the Humboldt County market, strengthening our relationship with Caltrans District 1.”

The project will begin in the Spring of 2023 and is expected to be completed in 2025.

About Granite

Celebrating its centennial year, 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 civil construction provider. 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

NYSE:GVA

Release Versions

Contacts

Media
Erin Kuhlman 831-768-4111
Investors
Wenjun Xu - 831-761-7861

More News From Granite

Granite Secures U.S. 101 Rehabilitation Project in Monterey County, California

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that it has been selected for a significant infrastructure project to rehabilitate an eight-mile stretch of U.S. Highway 101 near King City in Monterey County, California. This project, with an estimated cost of approximately $20 million, will receive federal funding and be included in Granite’s first quarter CAP. This initiative will fix roadway issues by restoring pavement, extending service life, updating safety devices...

Granite Announces Timing of Earnings Release and Investor Conference Call

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) will release financial results for the quarter and fiscal year ended December 31, 2025, before market opens on Thursday, February 12, 2026. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 12, 2026. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also b...

Granite Leads Joint Venture to Deliver 22nd Street Widening and Bridge Replacement Project in Tucson

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA), lead partner in the Granite-Traylor Joint Venture with Traylor Bros., Inc., has been selected by the City of Tucson for the 22nd Street Widening and Bridge Replacement Project in Tucson, Arizona. The $157 million project will be funded by the City of Tucson, the Regional Transportation Authority, and a $25 million RAISE Grant, and will be included in Granite’s 2025 fourth quarter CAP. This project will rebuild 22nd Street from Kino Parkw...
Back to Newsroom