Granite to Complete $15M Pavement Preservation Near Chickaloon, Alaska

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that it has been awarded the Glenn Highway MP 66.5 to 92 Pavement Preservation project by the Alaska Department of Transportation and Public Facilities. The approximately $15M contract is federally funded and was included in Granite’s first quarter 2026 CAP.

Glenn Highway travels 179 miles from Anchorage to Glennallen. A National Scenic Byway, the road provides access to stunning landscapes and a wealth of outdoor activities. Granite’s scope of work includes resurfacing the highway from milepost 83 to 92. Additionally, the project will replace culverts, guardrail, striping, and signage along the length of the project.

“This contract is a great win for the Alaska team and provides key backlog for our Palmer Facility,” says Granite Regional Vice President Ryan Moren. “We are excited to partner with Alaska DOT&PF and execute on this important infrastructure upgrade to keep Alaskans and visitors moving.”

The project is expected to begin in May 2026 and conclude by July 2027. Granite’s Palmer Facility will provide 27,000 tons of hot mix asphalt and the Lucas Quarry will provide 2,300 tons of riprap products.

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.