Granite Selected for Approximately $23 Million Surface Replacement Project along Highway 101
18 Juli 2023 - 10:30PM
Business Wire
Granite (NYSE:GVA) has been awarded an approximately $23 million
contract by the California Department of Transportation (Caltrans)
to upgrade Highway 101 in Mendocino, California. Project funding
will come from the Federal Highway Administration (FHWA) and is
expected to be included in Granite’s second quarter CAP.
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Granite’s work includes upgrading four
miles of median barrier and resurfacing a ten-mile section of
Highway 101 between Ukiah and Willits known as the Ridgewood Grade.
Granite's construction and materials teams worked to secure this
project, which is adjacent to its North State Street Hot plant and
Ukiah office. The plant will supply 56,000 tons of Hot Mix Asphalt
(HMA) and 38,000 tons of Rubberized HMA for this project. (Photo:
Business Wire)
Granite’s work includes upgrading four miles of median barrier
and resurfacing a ten-mile section of Highway 101 between Ukiah and
Willits known as the Ridgewood Grade. Granite's construction and
materials teams worked to secure this project, which is adjacent to
its North State Street Hot plant and Ukiah office. The plant will
supply 56,000 tons of Hot Mix Asphalt (HMA) and 38,000 tons of
Rubberized HMA for this project.
“Caltrans District 1 is a great partner and one of our key
clients in the Coastal Region,” said Granite Vice President of
Regional Operations, Brent Fogg. “This project is a perfect example
of the strength of our local, vertically integrated business. We
look forward to partnering with Caltrans to provide the traveling
public with a high-quality roadway improvement project.”
The project is planned to begin in Q3 2023 and is expected to be
completed in Q2 2024.
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.
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Investors Wenjun Xu - 831-761-7861
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