Published:
Granite Construction Awarded $26 Million Highway Contract in Utah
WATSONVILLE, Calif., July 17 /PRNewswire-FirstCall/ -- Granite
Construction Incorporated (NYSE: GVA) announced today that Granite
Construction Company, a wholly-owned subsidiary, was awarded a $26 million
contract by the Utah Department of Transportation to reconstruct an existing
one-mile section of Riverdale Road inWeber County. This is the fourth and
final contract awarded to Granite for this project. The four awarded
contracts totaled $40 million.
Located north ofSalt Lake City, the one-mile project will include the
addition of a new lane in both directions and the reconstruction of the bridge
and Interstate 84 interchange. The majority of the bridge will be constructed
off-site, limiting the impact to the traveling public. Scope of the project
also includes the replacement of curbs, gutters and sidewalks, as well as new
street lighting, signals and a storm drainage system.
Work on the project is currently underway with an estimated completion
date of May 2009.
About Granite
Granite Construction Incorporated is a member of the S&P 400 Midcap Index,
the Domini 400 Social Index and the Russell 2000. Granite Construction
Company, a wholly owned subsidiary, is one of the nation's largest diversified
heavy civil contractors and construction materials producers. Granite
Construction Company serves public and private sector clients through its
offices and subsidiaries nationwide. For the 5th straight year, Granite was
named to FORTUNE'S List of 100 Best Companies to Work For. For more
information about Granite, please visit their website at
http://www.graniteconstruction.com.
SOURCE Granite Construction Incorporated
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily NewsTags: Building and Construction, Banking and Finance, utah, california
_ _Is your favorite bookmark site missing?
Ask for it.
Search News
Daily News
