-

Pyramid Highway Project Nets Granite an Approximately $58 Million Contract

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been selected by the Nevada Department of Transportation (NDOT) to reconstruct a section of highway in Sparks, Nevada. The project, valued at approximately $58 million, is an extension of the company’s award-winning Pyramid and McCarran Intersection Improvement Project, completed in 2017. Funding will come from the Federal Highway Administration (FHWA) and was included in Granite’s first-quarter CAP.

The Pyramid Highway expansion will convert the four-lane highway into a six-lane high-access arterial road, spanning from Queen Way to Los Altos Parkway. The reconstruction project will include three travel lanes in each direction, bike lanes, curb and gutter enhancements, a wide median, shoulder improvements, and a barrier-protected shared-use path on the east side of the road. Additionally, the stretch between Los Altos Parkway and Golden View Drive will have four travel lanes and improvements, such as sound/screen walls and a protected sidewalk on the west side of the road.

“Granite has a longstanding working relationship with the Nevada Department of Transportation, we are excited about delivering another quality project,” said Granite Area Manager, Taylor Polan. “This project suits our strengths in northern Nevada, and we look forward to improving our community by helping relieve traffic congestion on this heavily traveled corridor.”

The project is planned to begin in May 2023 and is expected to be completed in February 2025.

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 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 the Granite website, 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 Reports First Quarter 2026 Results

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) today announced results for the quarter ended March 31, 2026. First Quarter 2026 Results Net loss attributable to Granite totaled $42 million, or $(0.96) per diluted share, compared to net loss attributable to Granite of $34 million, or $(0.77) per diluted share, for the same period in the prior year. Adjusted net income attributable to Granite (1) totaled $12 million, or $0.26 per diluted share, compared to adjusted net income attributa...

Granite Publishes Annual Sustainability Report

WATSONVILLE, Calif.--(BUSINESS WIRE)--On Wednesday, April 29, Granite (NYSE:GVA) published its 2025 Sustainability Report, highlighting the company’s efforts to create enduring value through social responsibility, environmental stewardship, and dependable governance. “Granite’s mission is to provide infrastructure solutions that support more prosperous and resilient communities,” said Granite President and Chief Executive Officer Kyle Larkin. “Sustainability is central to this mission. Our lead...

Granite Completes Acquisition of Kenny Seng Construction to Expand Vertically-Integrated Home Market in Utah

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) today announced that it has completed the acquisition of Kenny Seng Construction, strengthening Granite’s vertically-integrated construction and construction materials platform in Utah. Acquisition Highlights Expands Granite’s vertically-integrated home market in Utah, enhancing its construction and materials presence in a high-growth region. Adds end-to-end construction capabilities, including earthwork and site preparation, concrete wo...
Back to Newsroom