Granite to Develop New Aggregate Operation in Grantsville, Utah

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite (NYSE: GVA) announced today that it has acquired and will start development on a new aggregate operation near Grantsville, Utah. Located approximately 30 miles west of Salt Lake City on Interstate 80, the site covers approximately 640 acres. The material comes from an alluvial deposit containing 99 million tons of recoverable rock.

“We are pleased to be moving forward with the Grantsville facility,” said Brad Estes, vice president of construction materials. “This facility will provide quality materials to Utah for decades and supports Granite’s home market strategy.”

“Utah is one of the fastest-growing states in the country, and the Salt Lake metro area is where a lot of that growth is happening and will continue to happen,” explained Jason Klaumann, vice president of regional operations. “Securing such an extensive reserve of material gives Granite lots of opportunity to capture all the work that will come with that growth.”

Granite is currently designing the plant for the Grantsville facility. In support of Granite’s core value of sustainability, the company is assessing a variety of water-saving and waste-reduction equipment and technology options. The plant will be assembled in the coming months and the facility is expected to begin production in July 2022.

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, Twitter, Facebook, and Instagram.

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Media
Erin Kuhlman 831-768-4111

Investors
Wenjun Xu - 831-761-7861

Source: Granite

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