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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Granite Construction Inc | NYSE:GVA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.09 | -0.15% | 61.55 | 62.00 | 61.52 | 61.97 | 4,545 | 14:38:20 |
Granite (NYSE:GVA) expanded its home market strategy into the Memphis Metropolitan and Northern Mississippi area by acquiring Lehman-Roberts Company and Memphis Stone & Gravel Company (MSG) in Q4 2023. These longstanding asphalt paving and asphalt and aggregates producers and suppliers have won numerous new contracts to date in 2024.
The following highlighted new work demonstrates Lehman-Roberts' versatility in the construction and materials industry. Most of the aggregates for this work will be supplied by MSG:
"We are thrilled to highlight these new contract awards," said Patrick Nelson, Lehman-Roberts and Memphis Stone and Gravel President. "While these projects are welcome additions to our construction backlog, they also drive volume in our asphalt and aggregate materials businesses. These new awards represent our ongoing commitment to delivering high-quality construction services to our clients and help us execute on our goal of serving our communities and contributing to the improvement of their infrastructure."
About Granite
Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite civil construction provider. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit the Granite website, graniteconstruction.com, and connect with Granite on LinkedIn, X, Facebook, and Instagram.
About Lehman-Roberts and sister company Memphis Stone & Gravel
Lehman-Roberts, a Granite Company, and Memphis Stone & Gravel, a Granite Company, have been a part of the fabric of the Mid-South for more than a combined 190 years. Today, the companies continue to build upon a long tradition of quality, trust and a strong culture that distinguishes them among competitors in the road construction, asphalt and aggregates industries. With an impressive record and vibrant leadership, it is well poised for its next 190 years of success. For more information, please call (901) 774-4000 or visit www.lehmanroberts.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240523053932/en/
Granite Contacts Media Erin Kuhlman 831-768-4111 Investors Wenjun Xu - 831-761-7861
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