-

Granite Joint Venture to Remove and Replace Lafayette Bascule Bridge in Bay City, Michigan

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced that the GKJV-II joint venture team comprised of Granite and Kraemer North America will remove and replace the Lafayette Bascule Bridge in Michigan. The contract worth approximately $113 million was awarded the Michigan Department of Transportation (MDOT). The project will be funded by the Federal Highway Administration (FHWA) and MDOT and will be included in Granite’s second-quarter CAP.

The project will leverage the team’s experience in moveable bridge and marine construction and includes the demolition of the existing structure, cofferdam installation, new substructure and bascule piers, structural steel, machinery, bridge house, and approach spans.

“This marks our third bascule bridge project in Bay City, Michigan, and presents the next challenge for our dedicated team that has already achieved success on the first two projects,” said Michael Punches, Granite Vice President of Regional Operations. “We are particularly excited to be collaborating with the Michigan Department of Transportation for the first time. This partnership will deliver a brand-new bascule bridge for the community, reflecting our commitment to improving infrastructure and enhancing the quality of life for residents,” he continued.

While the final timeline is pending and will be announced soon, the project is expected to begin in the Fall of 2024 and be open to traffic in the Summer of 2027.

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, X, Facebook, and Instagram.

Contacts

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

Granite

NYSE:GVA

Release Versions

Contacts

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

More News From Granite

Granite Reports Third Quarter 2025 Results

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) today announced results for the quarter ended September 30, 2025. Third Quarter 2025 Results Net income attributable to Granite totaled $103 million, or $1.98 per diluted share, compared to net income attributable to Granite of $79 million, or $1.57 per diluted share, for the same period in the prior year. Adjusted net income attributable to Granite (2) totaled $124 million, or $2.70 per diluted share, compared to adjusted net income att...

Granite Selected for I-290 Drainage Improvements Under IDOT’s First CM/GC Contract

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced its selection by the Illinois Department of Transportation (IDOT) for a Construction Manager/General Contractor (CM/GC) contract for the I-290 Drainage Improvements Project in Chicago, Illinois. This federally funded initiative will be included in Granite’s third quarter CAP. The project includes the installation of 3.3 miles of new trunk sewer, with diameters reaching up to 90 inches, the construction of new detention systems,...

Granite Launches GMP 4 at Tucson International Airport, Expanding Airfield Safety Enhancement Program

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has announced the award of a contract valued at approximately $70 million by the Tucson Airport Authority (TAA) for work at Tucson International Airport (TUS). This contract represents a significant development within TAA’s estimated $400 million multi-year Airfield Safety Enhancement (ASE) Program. It is the fourth Guaranteed Maximum Price (GMP 4) work package granted under TAA’s ongoing Construction Manager at Risk project. Project fund...
Back to Newsroom