Granite to Enhance Safety and Efficiency on Iconic SR33 in Kern County, California


Werte in diesem Artikel
Aktien

101.00 EUR 0.00 EUR 0.0 %

Granite (NYSE:GVA) has been awarded an approximately $27 million contract by the California Department of Transportation (Caltrans) to widen shoulders and resurface a 19-mile stretch of State Route 33 (SR33) in Kern County, California. Project funding to come from Caltrans and was included in Granite’s second-quarter CAP.

Werbung

Spanning 19 miles from the SR33/SR46 intersection at Blackwells Corner to just north of McKittrick, the project will enhance road safety and driving conditions for all users. The project scope includes widening the existing 2-lane road by adding 5-foot shoulders on both sides, localized asphalt repairs, and a Hot Mix Asphalt (HMA) overlay for the entire project length. This project utilizes 115,160 tons of HMA, a critical project feature, supplied by Granite’s Solari Sand and Gravel facility in Kern County.

"Our vertically integrated business model provides a reliable supply chain of asphalt and aggregates to the project, which is critical to the project’s timely completion,” said Brad Estes, Granite Senior Vice President of Materials.

In addition to the roadway resurfacing, the project includes removing and replacing 19 drainage systems, constructing two new box culverts, five new headwalls, and about 800 linear feet of new storm drainpipe.

Werbung

"This project builds on the successful completion of many projects in Kern County over the past 50 years,” said Larry Camilleri, Granite Vice President of Regional Operations. "Our team is excited to deliver another important project, on time, for Caltrans and the traveling public.”

The project is expected to begin November 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.

Werbung

Aktuelle Granite Construction Aktie News

Werbung

Granite Construction Analysen

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Granite Construction nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
Datum Rating Analyst
30.07.19 Granite Construction Neutral B. Riley FBR
29.04.19 Granite Construction Buy B. Riley FBR
11.10.17 Granite Construction Neutral Seaport Global Securities
01.08.17 Granite Construction Outperform FBR & Co.
03.05.17 Granite Construction Outperform FBR & Co.

Information


Die Handels- und Depotfunktionen in diesem Broker Cockpit werden für Finanzinstrumente von der Finanzen.net Zero GmbH als vertraglich gebundener Vermittler der DonauCapital Wertpapier GmbH (§ 3 Abs. 2 WpIG) bereitgestellt; bei Kryptowerten werden die Handels- und Depotfunktionen in diesem Broker Cockpit ausschließlich von der DonauCapital Wertpapier GmbH bereitgestellt. Die Finanzen.net GmbH stellt ausschließlich den technischen Rahmen bereit und ist in die Wertpapier- und Kryptodienstleistung nicht einbezogen.