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Granite Construction Incorporated

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585 W BEACH ST WATSONVILLE, CA 95076 Get Directions

(831) 724-1011

www.graniteconstruction.com

Business Info

  • Founded 1922
  • Incorporated CA
  • Annual Revenue $2,989,713,000.00
  • Employee Count 250
  • Industries Highway And Street Construction
  • Contacts James H Roberts

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Company Summary

Granite Construction Company was originally incorporated in 1922. In 1990, Granite Construction Incorporated was formed as the
holding company for Granite Construction Company and its wholly owned subsidiaries and was incorporated in Delaware. Unless
otherwise indicated, the terms "we," "us," "our," "Company" and "Granite" refer to Granite Construction Incorporated and its
consolidated subsidiaries.

We are one of the largest diversified heavy civil contractors and construction materials producers in the United States. We operate
nationwide, serving both public and private sector clients. Within the public sector, we primarily concentrate on heavy-civil
infrastructure projects, including the construction of roads, highways, mass transit facilities, airport infrastructure, bridges, dams
and other infrastructure related projects. Within the private sector, we perform site preparation and infrastructure services for
residential development, commercial and industrial buildings, and other facilities.

We own and lease substantial aggregate reserves and own a number of construction materials processing plants. We also have one
of the largest contractor-owned heavy construction equipment fleets in the United States. We believe that the ownership of these
assets enables us to compete more effectively by ensuring availability of these resources at a favorable cost.

In December 2012, we purchased 100% of the outstanding stock of Kenny Construction Company ("Kenny"), a Northbrook,
Illinois-based national contractor and construction manager, for a purchase price of $141.5 million, subject to possible post-closing
adjustments. Kenny is recognized as a national leader among tunneling and electrical power contractors, and has evolved into an
industry-leading rehabilitation contractor utilizing cutting-edge trenchless and underground construction technologies and
processes. This acquisition expands our presence in the power, tunnel and underground markets, and enables us to leverage our
capabilities and geographic footprint. See Note 21 of the "Notes to the Consolidated Financial Statements" for further information.

Vision Statement: To be One of America's Leading Infrastructure Companies
? Be the company of choice for employees, owners and partners
? Be the leading US transportation contractor
? Expand our presence into multiple end-markets
? Establish a meaningful presence in Canada and US Protectorates
? Lead the construction industry in sustainability

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