WATSONVILLE, Calif., Oct. 11 /PRNewswire-FirstCall/ -- GraniteConstruction Company, a wholly owned subsidiary of Granite ConstructionIncorporated (NYSE: GVA), today announced that it has been awarded a $44million highway rehabilitation project by the California Department ofTransportation near Essex, CA. Work on the project will be completed byGranite’s Southern California and Santa Barbara Branches.
Scope of the work includes the rehabilitation and asphalt overlay of 30miles of Interstate 40, from post marker 89 to post marker 119. The projectwill utilize over 395,000 tons of conventional asphalt concrete.
Work on the project will begin in Spring 2008 and is estimated to becompleted by December 2008.
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 ConstructionCompany, a wholly owned subsidiary, is one of the nation’s largest diversifiedheavy civil contractors and construction materials producers. GraniteConstruction Company serves public and private sector clients through itsoffices and subsidiaries nationwide. For the 4th straight year, Granite wasnamed to FORTUNE’S List of 100 Best Companies to Work For. For moreinformation about Granite, please visit their website athttp://www.graniteconstruction.com.
SOURCE Granite Construction Incorporated