Granite Construction Incorporated announced the signing of a definitive agreement to acquire certain assets of The Superior Group of Companies, a Pacific Northwest-based construction materials producer and asphalt paving company for an estimated purchase price at closing of between $56.8 million and $59.8 million in cash.
Under the signed agreement, Granite will purchase certain assets of [...]

Granite Construction Incorporated announced an organizational realignment of its business operations. The realignment is designed to accommodate growth of the Company’s vertically integrated Branch business in the west and improve profitability on its large, complex Heavy Construction Division (”HCD”) projects. Implementation of the strategic and organizational realignment is currently underway and is expected to take [...]

Granite Construction Incorporated announced an organizational realignment of its business operations. The realignment is designed to accommodate growth of the company’s vertically integrated Branch business in the west and improve profitability on its large, complex Heavy Construction Division (”HCD”) projects. Implementation of the strategic and organizational realignment is currently underway and is expected to take [...]