GVA

Granite Construction Inc. operates as a heavy civil contractor and construction materials producer serving public and private sector clients across the United States. Headquartered in Watsonville, California, the company was founded in 1922 and employs approximately 4,500 people. Granite operates through three primary segments: Transportation, which focuses on highway and bridge construction; Water, specializing in dams, reservoirs, and water infrastructure; and Mineral Services, providing large-scale earthwork and site development. The company also produces construction materials including aggregates, asphalt, and concrete through its Materials segment, which supplies both internal projects and third-party customers. Granite maintains operations in multiple states with significant presence in California, Texas, and Alaska, generating annual revenues exceeding $3 billion. The company ranks among the largest infrastructure contractors in the nation, primarily serving state departments of transportation and federal agencies. Recent strategic initiatives include expanding its renewable energy infrastructure capabilities and pursuing design-build project opportunities. In 2020, Granite acquired Layne Christensen Company, strengthening its water and mineral services expertise. The company's vertically integrated business model, combining construction services with materials production, provides operational flexibility and cost advantages on major infrastructure projects. Granite's project portfolio includes highways, mass transit systems, airports, and water treatment facilities, positioning it to benefit from increased federal infrastructure investment.