Granite Announces Caldwell Avenue Interchange Reconstruction Project on SR99 in Visalia, California
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Granite (NYSE:GVA) has secured a $66 million contract from Caltrans for the Caldwell Avenue interchange project on SR99 in Visalia, California. The project will be funded by state and federal sources and included in Granite's first-quarter CAP.
March 06, 2025 | 9:45 pm
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Granite has been awarded a $66 million contract for the Caldwell Avenue interchange project, which will be included in their first-quarter CAP. This project is expected to positively impact Granite's revenues and project portfolio.
The $66 million contract will be a significant addition to Granite's project portfolio, likely boosting their revenues and financial performance in the short term. The inclusion in the first-quarter CAP indicates immediate financial impact.
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