Granite (GVA) Wins $36M Contract From Caltrans, Boosts CAP
GVAGranite(GVA) zacks.com·2024-05-23 01:56

Granite Construction Incorporated (GVA) is all set to rehabilitate pavement along Highway 162 in Mendocino County with a $36 million contract received from the California Department of Transportation (Caltrans). Per the deal, Granite will furnish and place 150,000 tons of conventional and rubberized hot mix asphalt to rebuild the structural section of the roadway. This will improve 25 miles of roadway that connect to the Covelo- Round Valley area. The rubberized surface course will use recycled tires and pr ...