GVA Granite Construction Incorporated

Granite Awarded $39 Million Light Rail Station Project in Seattle

Granite Construction Incorporated (NYSE:GVA) announced today that it has been awarded a $39 million sub-contract by Absher Construction Company to construct the Northgate Station in Seattle, Washington. The project will be booked in Granite’s third quarter 2016 backlog.

Scope of work includes the construction of a half-mile of elevated rail structure and associated work. The new station will provide access to the transit center, adjacent park-and-ride facilities, North Seattle Community College, local shopping and nearby homes and businesses.

The Northgate Station project is part of the light rail improvements for Sound Transit’s growing public transit network. Sound Transit plans, builds and operates express bus, light rail and commuter train services throughout King, Pierce and Snohomish counties.

Construction is scheduled to begin in October 2016 and is scheduled to be complete by December 2018. For more information visit the Sound Transit website.

About Granite

Through its offices and subsidiaries nationwide, Granite Construction Incorporated (NYSE:GVA) is one of the nation’s largest infrastructure contractors and construction materials producers. Granite specializes in complex infrastructure projects, including transportation, industrial and federal contracting, and is a proven leader in alternative procurement project delivery. Granite is an award-winning firm in safety, quality and environmental stewardship, and has been honored as one of the World’s Most Ethical Companies by Ethisphere Institute for seven consecutive years. Granite is listed on the New York Stock Exchange and is part of the S&P MidCap 400 Index, the MSCI KLD 400 Social Index and the Russell 2000 Index. For more information, visit graniteconstruction.com.

EN
06/10/2016

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Reports on Granite Construction Incorporated

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Granite Declares Quarterly Dividend

WATSONVILLE, Calif.--(BUSINESS WIRE)-- (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 April 15, 2025, to all shareholders of record at the close of business on March 31, 2025. 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 ...

 PRESS RELEASE

Granite Earns its Fifth Consecutive Early Talent Award from Handshake

WATSONVILLE, Calif.--(BUSINESS WIRE)-- (NYSE:GVA) has secured Handshake’s Early Talent Award (ETA) for the fifth consecutive year. This annual award celebrates the best employers for individuals starting their careers. Granite is among a select group in its industry to be recognized out of over 900,000 employers using Handshake. The ETA highlights companies that excel in brand resonance, effective engagement (measured by unique clicks per message recipient), active participation in events like career fairs, and maintaining strong relationships with students through reciprocal messaging. Thes...

 PRESS RELEASE

Granite Joint Venture Team Awarded $97 Million Military Infrastructure...

WATSONVILLE, Calif.--(BUSINESS WIRE)-- (NYSE:GVA) announced today that the joint venture team comprised of Granite and Obayashi Corporation has been awarded an approximately $97 million contract by the Naval Facilities Engineering Command (NAVFAC) to improve the Battery Energy Storage System (BESS) capabilities at Polaris Point, Guam. Project funding comes from the Department of Defense (DOD), and as consolidating partner, the total contract award of $97 million will be included in Granite’s first-quarter CAP. The project scope includes constructing a 17,000 square foot facility and associat...

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