Granite Construction Inc

Stock Symbols
NYSE
:
GVA
company headquarters
USA
ISSUES

A US construction company. Constructed and performs maintenance on the US-Mexico border fence.

Granite Construction Inc., headquartered in Watsonville, CA, is the parent company of Granite Construction Company, a civil contractor and heavy construction material producer. As of 2017, the company employs about 2,700 people and has an annual revenue of $2.5 billion.

The bulk of the existing barrier along the U.S.-Mexico border was built in 2007. The primary contractor for the design and construction was Michael Baker International, a privately-owned company, which sub-contracted Granite Construction to build parts of the barrier. As a part of that, the company was awarded several U.S. Customs and Border Protection (CBP) contracts to build the border fence around Yuma, AZ, Imperial, CA, El Paso, TX, and other locations, for a total of approximately $247 million.

In 2011, Granite Construction repaired 2.8 miles of border fence in Nogales, AZ for approximately $11.6 million. Between 2015-2017 the company , the company performed construction work in a CBP border base in Naco, AZ, and replaced 7.5 miles of border fence near in the same area for $44.7 million.

This profile was last updated on
4 October 2018