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Granite (GVA) Boosts Backlog With $27M Project by Caltrans
GVAGranite(GVA) ZACKS·2024-07-20 01:10

This SR33 enhancement project of approximately $27 million, which will be funded by Caltrans, will be included in Granite's second-quarter 2024 Committed and Awarded Projects (CAP). Shares of this civil construction company and aggregate producer gained 21% in the past three months, outperforming the Zacks Building Products - Heavy Construction industry's 18.1% growth. The company's Per the contract, Granite will be responsible for enhancing road safety and driving conditions of this 19-mile stretching SR33 ...