-

Granite Continues Commitment to Highway Safety with $45 Million Project on I-40

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $45 million contract to reconstruct and modernize the John Wilkie Safety Roadside Rest Area along the Interstate 40 (I-40) corridor by the California Department of Transportation (Caltrans). Project funding will come from Caltrans and was included in Granite’s second-quarter CAP.

This project marks the fifth in a series of initiatives to improve safety and infrastructure along I-40. The project scope includes constructing a modern rest area for motorists. Given the significant distance from the nearest town, this upgraded rest area will provide a safe place for travelers to rest and recover, enhancing safety along this stretch of the interstate.

Previous projects included filling in the median, flattening slopes adjacent to the roadway, and creating recovery areas for vehicles that leave the highway.

“We are committed to making I-40 safer for all who travel through this area,” said Bill Moore, Granite Vice President of Regional Operations. “Our relationship with Caltrans has been fostered and strengthened through our continued work along the I-40 corridor, and we are excited to contribute further to this vital infrastructure.”

Granite will provide materials from Desert Cities Asphalt, including 12,200 tons of asphalt for parking lots and ramps, ensuring the highest quality and durability for the new rest area.

The project is expected to begin in September 2024 and be completed in January 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 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
Media

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

Granite

NYSE:GVA

Release Versions

Contacts

Granite
Media

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

More News From Granite

Granite Awarded West Davis Corridor Expansion Project in Utah

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that it has been awarded the West Davis Corridor (SR-177) expansion project by the Utah Department of Transportation (UDOT). The contract, valued at approximately $116.9 million, will be included in Granite’s second quarter 2026 CAP. Located in West Point, Utah, the project will: Extend the recently completed West Davis Corridor by approximately three miles Enhance mobility and connectivity for the northern Davis County ar...

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 July 15, 2026, to all shareholders of record at the close of business on June 30, 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 well...

Granite to Complete Initial Phase of Tahoe Cedars Water System Reconstruction

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) announced it has been awarded an approximately $19 million Progressive Design-Build (PDB) Guaranteed Maximum Price (GMP) 1 for the Tahoe Cedars Water System Replacement Project by the Tahoe City Public Utility District (TCPUD). The Tahoe Cedars Water System Replacement Project, located on the west shore of Lake Tahoe, California, will modernize critical infrastructure serving the Tahoe Cedars community by replacing aging pipelines and sy...
Back to Newsroom