Financial News

Granite’s Brunswick Facility to Support East William Street Complete Project in Carson City

Granite (NYSE: GVA) has been awarded a contract valued at approximately $21 million by Carson City, Nevada to enhance the city’s transportation network. Project funding is to come from local funding and a Federal Highway Administration (FHWA) grant and will be included in Granite’s second-quarter CAP.

“Carson City is excited to partner with Granite to get construction underway on the 3rd of our major corridor complete streets projects,” said Darren Anderson, City Engineer at the Carson City Public Works Department. “This project will upgrade the major gateway (East William Street) from the east to the downtown core of Carson City.”

The East William Complete Street Project will revitalize a nearly 1.5-mile stretch of East William Street, converting it from a vehicle-dominated corridor into a multi-modal roadway. The redesigned corridor will accommodate drivers, cyclists, and pedestrians alike, promoting safer and more accessible transportation for all users.

"This project reflects our commitment to our people and the communities we serve," said Chris Burke, Granite Vice President of Regional Operations. "It provides meaningful work for our personnel over the course of nearly a year and allows us to collaborate closely with Carson City on a project that will have a lasting community impact."

Granite’s Brunswick Facility, acquired in 2023, will supply approximately 10,000 tons of asphalt pavement for the project. “This contribution underscores the facility’s strategic value and its role in delivering high-quality materials that benefit both Granite and the Carson City community,” said Brad Estes, Granite Senior Vice President of Construction Materials.

Construction is expected to begin in July 2025 and be completed in Summer 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 Contacts

Media

Erin Kuhlman - 831-768-4111

Investors

Wenjun Xu - 831-761-7861

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