Granite Construction: Difference between revisions

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{{Short description|American Construction Firm}}
{{Multiple issues|
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{{More footnotes|date=December 2009}}
{{Advert|date=August 2019}}
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{{Infobox company
| name = Granite Construction Inc.Incorporated
| logo = Granite_Construction_logo.png
| logo_caption =
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| image_caption =
| type = [[Public Company|Public]]
| traded_as = {{ubl|{{NYSE|GVA}}<br>|[[List of S&P 400600 companies|S&P 400 Component600]] component}}
| industry = {{ubl|[[Engineering]], |[[Construction]]|[[Quarries]]}}
| foundation = {{Start date|1922}}
| founder =
| location_city = [[Watsonville, California]], U.S.
| location_country = United States
| locations =
| key_people = JamesKyle H. RobertsLarkin<br /><small>(Director, President and& CEO)</small> <br /> Lisa Curtis <small>([[Chief executivefinancial officer|CEOCFO]]) </small> <br /> JigishaJames DesaiRadich <small>([[Chief financialoperations officer|CFOCOO]]) </small>
| revenue = $3.01 billion (2021)<ref>{{cite web|url=https://investor.graniteconstruction.com/sites/granite-construction-v2/files/granite-annual-report-2021.pdf|title=Annual report 2021|website=graniteconstruction.com|access-date=22 May 2024}}</ref>
| revenue = $3,318.4 million (2018)
| operating_income =
| net_income =
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| num_employees = 4,200<ref>{{Cite web|url=http://fortune.com/fortune500/granite-construction/|title=Granite Construction|website=Fortune|access-date=2019-08-19}}</ref>
| num_employees_year = 2018
| homepagewebsite = {{URL|www.graniteconstruction.com}}
}}
'''Granite Construction Inc.''' ({{nyse|GVA}}) is a civil construction company and aggregate producer, a member of the [[S&P 400600 Index]]<ref>{{Cite Indexweb |title=S&P SmallCap 600® {{!}} S&P Dow Jones Indices |url=https://www.spglobal.com/spdji/en/indices/equity/sp-600/#overview |access-date=2022-05-30 |website=www.spglobal.com}}</ref> based and founded in [[Watsonville, California]], and is the parent corporation of '''Granite Construction Company''',. The company is both a heavy civil construction contractor and [[generalconstruction contractoraggregate]] and [[Listmanufacturer]], ofowning buildingor materials|constructionleasing material]]quarries producerin several Western states for extracting mostly sands, gravel, and crushed stone products. The company was under investigation from the SEC from 2019 to 2021 for misrepresenting revenue, and as a result paid fines to settle disputes with shareholders, and avoided delisting from the NYSE.
 
Incorporated in 1922 and publicly [[tradepublicly (financial instrument)|traded]] since 1990, Granite Construction Company is composed of a construction materials division, and twothree geographically dividedconstruction operating divisions (GraniteCalifornia WestGroup, locatedMountain inGroup Watsonvilleand Central Group). Under each group are numerous regional offices, quarries, [[Asphalt concrete|asphalt]] and concrete plants. Granite's EastCalifornia Group comprises five regions, locatedbased inon geographically limited areas within the [[Dallas-Fortstate. Worth Metroplex]]Granite's suburbCentral Group comprises six regions, representing states and specific markets outside of [[LewisvilleCalifornia: Arizona, Texas]]), underFlorida, whichIllinois, areand severalFederal regionalDivision officesbased in Colorado. Granite's Mountain Group comprises five regions, representing states and specific markets in Alaska, Washington, Oregon, Idaho, Nevada, Utah and the Water/Mineral Division.
 
Granite specializesConstruction works in both public and private sector transportation infrastructure projects that include: [[roads]], [[and highways]], [[tunnels]]bridges, [[bridge]]sdams, lockswater andreservoirs, damsrailroads, [[mass transit]] facilitiesseaports, and [[airports]]. The materials division produces construction materials such as sand, gravel, [[ready-mix concrete|ready-mix]] and [[asphalt concrete]].
 
As of 2022, Granite was ranked 28th on ENR's Top 400 Contractors (by overall revenue), dropping from 25th in 2021.<ref>{{Cite web |title=ENR 2022 Top 400 Contractors 1-100 {{!}} Engineering News-Record |url=https://www.enr.com/toplists/2022-Top-400-Contractors-1-preview |access-date=2022-12-19 |website=www.enr.com}}</ref>
 
==References==
{{Reflist}}
<references />
 
==External links==
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* [https://www.nyse.com/quote/XNYS:GVA/company Company information] – [[NYSE]].
 
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[[Category:Construction and civil engineering companies of the United States]]
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[[Category:Companies listed on the New York Stock Exchange]]
 
 
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