Granite Construction, Inc.

Granite Construction, Inc.

Granite Construction, Inc.

Date Founded



585 West Beach Street, Watsonville, CA, 95076, USA

Type of Company


Employees (Worldwide)



Engineering, Construction & Architecture

Company Description

Granite Construction, Inc. is a holding company, which engages in the provision of infrastructure solutions for public and private clients. It operates through the following segments: Transportation, Water, Specialty and Materials. The Transportation segment focuses on construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports and marine ports. The Water segment involves in water-related construction and water management solutions for municipal agencies, commercial water suppliers, industrial facilities and energy companies. It also provides trenchless cured-in-place pipe rehabilitation. The Specialty segment includes construction of various complex projects including infrastructure / site development, mining, public safety, tunnel and power projects. The Materials segment offers production of aggregates, asphalt and construction related materials as well as proprietary sanitary and storm water rehabilitation products including cured-in-place pipe felt and fiberglass-based lining tubes both for internal use and for sale to third parties. The company was founded in 1922 and is headquartered in Watsonville, CA.

Contact Data
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In The News
Business Wire
December 4, 2019
Granite Declares Quarterly Dividend
Orlando Business Journal (Florida)
November 25, 2019
Virgin Trains' Orlando expansion contractor to add 80 jobs
Marketline Newswire
October 25, 2019
Granite announces third quarter 2019 results
Executives & Employees

President & Chief Executive Officer

Senior Vice President, Chief Financial & Accounting Officer

Senior Vice President & Group Manager

Senior Vice President, Operations Services Manager

Senior Vice President-Heavy Civil Group

Senior Vice President & Group Manager

Senior Vice President of Business Development

Senior Vice President of Human Resources

Senior Vice President & Group Manager


Board of Directors

Professional at Qlik Technologies, Inc.

President & Chief Executive Officer at Granite Construction, Inc.

President & Chief Executive Officer at Tennessee Valley Authority

Former Co-Chief Operating Officer at Bank of America Corp.

Former President, Strategic Development at AECOM Technology Corp.

Former Senior Vice President, Government Affairs at Southern California Edison Co.

Former President & Chief Executive Officer at Skanska USA, Inc.

Chief Executive Officer & Director at PetroChoice Holdings, Inc.

Director at Granite Construction, Inc.

Former Director-Port Department at The Port Authority of New York & New Jersey (New York)

Paths to Granite Construction, Inc.
Potential Connections via
Relationship Science
Granite Construction, Inc.
Owners & Shareholders
Details Hidden

FTAM uses both fundamental and quantitative research as methods of analysis for their investment strategies; however, their investment approach does not fall into either the traditional fundamental or quantitative categories. The firm believes that while stock markets are efficient most of the time, behavioral anomalies can arise under certain circumstances, resulting in exploitable mispricing opportunities. FTAM's strategies primarily invest in US listed companies and are a long only or a long/short strategy and may employ futures, ETFs and leverage. Their investment strategies include small-cap growth, small-cap value, small-cap core, behavioral small-cap equity, mid-cap value, micro-cap, low volatility behavioral equity market neutral and behavioral unconstrained equity.

Details Hidden

QCI Asset Management's equity investment strategy involves building portfolios on a foundation of solid core holdings, complemented by stocks that offer timely opportunities. The firm chooses core holdings by reviewing long-term trends, cyclical forces, and relative valuations, to build a diversified portfolio with specific sector and industry emphases. On top of the core, they add stocks of companies that present compelling risk/return propositions. QCI looks for companies that possess a \"catalyst for change,\" including internal changes such as new management, or external such as changes in government policy. The firm also looks for strong companies whose stocks are temporarily underpriced due to temporary operating difficulties or a negative earnings surprise.QCI's fixed income investment strategy involves building fixed income portfolios by first evaluating the interest rate cycle and choosing a duration target. Then then look for attractive maturities along the yield curve, and opportunities within particular sectors and industries. Finally, QCI analyzes individual securities and chooses those they consider the most compelling.QCI's investment strategies may also include long-term purchases, short-term purchases, trading, and option writing (including covered options, uncovered options and spreading strategies).

Details Hidden

PCM offers three specialty investment styles: Large-Cap Growth, Small-Cap Growth, and Small-Cap Value. Large-Cap Growth style look for long-term investments in 25-35 of the highest quality, most dynamic growth companies that are leaders in their industry. Small-Cap Growth focus on undervalued companies in the early stages of their investment cycle (discovery phase) with evidence of high growth. Rediscovery companies must provide a minimum of 40% EPS growth over the next twelve months, or sell at a 40% discount to asset value. Small-Cap Value strategy conducts extensive fundamental research in search of one of the firm's five Value Buy Criteria: resolvable short-term problem, catalyst for change, unrecognized assets, fundamental undervaluation, and take-over potential. Portfolios are fully invested in 90 to 110 holdings with generally no position exceeding 3.5% in weight. The portfolio seeks to be diversified across all sectors at all times. PCM invest primarily in US equity securities or securities convertible into equities traded on a US exchange or over-the-counter. Investments may include ADRs for access to foreign investments and exchange-traded funds used for cash management purposes. All investment styles have a research intensive, company-specific approach to stock selection.

Recent Transactions
Details Hidden

Granite Construction, Inc. purchases Lametti & Sons, Inc. /CIPP Business from Lametti & Sons, Inc.

Details Hidden

Granite Construction, Inc. purchases Layne Christensen Co.

Details Hidden

Granite Construction, Inc. purchases Kenny Construction Company from Kenny Industries, Inc.

Insider Transactions
Details Hidden
Details Hidden
Details Hidden
Transaction Advisors
Legal Advisor

Advised onGranite Construction, Inc. purchases Layne Christensen Co.

Investment Advisor

Advised onGranite Construction, Inc. purchases Kenny Construction Company from Kenny Industries, Inc.

Investment Advisor

Advised onGranite Construction, Inc. purchases Layne Christensen Co.

Legal Advisor

Advised onGranite Construction, Inc. purchases Layne Christensen Co.

Legal Advisor

Advised onGranite Construction, Inc. purchases Layne Christensen Co.


Advised onGranite Construction, Inc. purchases Lametti & Sons, Inc. /CIPP Business from Lametti & Sons, Inc.

Advisors & Consultants
Real Estate Agent

Former Senior Managing Director at Newmark Knight Frank


Cadiz, Inc. is a land and water resource development company, which engages in the acquisition and development of land with water resources for various uses such as groundwater supply, groundwater storage, and agriculture. The firm's project includes the Cadiz Valley Water Conservation, Recovery and Storage. The company was founded by Keith Brackpool in 1983 and is headquartered in Los Angeles, CA.

The government of California is composed of three branches: the executive, consisting of the Governor of California and the other elected constitutional officers; the legislative, consisting of the California State Legislature, which includes the Assembly and the Senate; and the judicial, consisting of the Supreme Court of California and lower courts.

Headed by Gov. Pat Quinn, the State of Illinois gained statehood in December 1818. The state's capital is Springfield. The State of Illinois' government programs round in the fields of agriculture, community development, economy, energy and utilities, environment and natural resources, education, history and culture, data and statistics, transportation, and science and technology.

Key Stats and Financials As of 2018
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Political Donations
Tejon Ranch Co. Real Estate | Lebec, CA

Tejon Ranch Co. operates as a real estate development and agribusiness company. It operates through the following business segments: Real Estate-Commercial and Industrial Development, Real Estate-Resort and Residential Development, Mineral Resources, Farming and Ranch Operations. The Real Estate Commercial and Industrial Development segment activities includes: entitling, planning and permitting of land for development; construction of infrastructure; the construction of pre-leased buildings; the construction of buildings to be leased or sold; and the sale of land to third parties for their own development. The Real Estate Resort and Residential Development segment operations include land entitlement, land planning and pre-construction engineering, land stewardship and conservation activities. The Mineral Resources segment generates revenues from oil and gas royalty leases, rock and aggregate mining leases. The Farming segment produces revenues from the sale of wine grapes, almonds, and pistachios. The Ranch Operations consist of game management revenues and ancillary land uses such as grazing leases and filming. The company was founded by Edward Fitzgerald Beale in 1843 and is headquartered in Lebec, CA.

Imdex Ltd. Industrial Machinery & Manufacturing | Balcatta, WA

Imdex Ltd. engages in the provision of mining equipment, technology, and services. It operates through the AMC and REFLEX brands. The AMC brand deals with drilling fluids, equipment, technologies, and software. The REFLEX brand includes downhole instrumentation, data management and analytical software for geological modelling. The company was founded on December 17, 1980 and is headquartered in Balcatta, Australia.

Jacobs Engineering Group, Inc. Engineering, Construction & Architecture - DALLAS, TX

Jacobs Engineering Group, Inc. engages in the provision of a diverse range of technical, professional, and construction services to industrial, commercial, and governmental clients. Jacobs provides professional services through two lines of businesses: Buildings, Infrastructure, and Advanced Facilities (BIAF) and Aerospace, Technology, and Nuclear (ATN). Through the BIAF business, it provides services to broad sectors including buildings, water, transportation (roads, rail, aviation, and ports) and advanced facilities for life sciences, semiconductors, data centers, consumer products, and other advanced manufacturing operations throughout North America, Europe, India, the Middle East, Australia, and Asia. Its representative clients include national government departments/agencies in the US, Europe, United Kingdom, Australia, and Asia; state and local departments of transportation within the US; and private industry firms. The ATN business provides an in-depth range of scientific, engineering, construction, nuclear, environmental, and technical support services to the aerospace, defense, technical, and automotive industries in several countries. Its long-term clients include the Ministry of Defence in the United Kingdom, the United Kingdom Nuclear Decommissioning Authority, NASA, the US Department of Energy, the US Department of Defense, the US Special Operations Command, the US Intelligence community, and the Australian Department of Defence. The company was founded by Joseph J. Jacobs in 1947 and is headquartered in Dallas, TX.

MasTec, Inc. Engineering, Construction & Architecture - Coral Gables, FL

Over the course of the last 80 years, MasTec companies have been involved in some of the largest and most complex infrastructure construction projects across the country. Our experience has given us a deep and comprehensive understanding of the markets we serve, as well as the ability to effectively manage people, projects and equipment. It allows us to proactively identify challenges, avoid pitfalls, and overcome obstacles, and to accurately set and meet expectations for schedule and budget. With offices across the country, a workforce of nearly 10,000 skilled professionals, and an extensive wholly-owned fleet of specialized construction equipment, MasTec has the resources needed to reliably deliver quality work for even the most complicated jobs. Our geographic reach, scalability, and overall financial stability enable us to meet each of our customers' changing needs on a daily basis. Our focus on innovation colors everything we do, and as we've grown, we've fostered it throughout every level of our organization. We're always looking for ways to increase efficiency within the projects we take on, and within our own organization. We work to stay at the forefront of safety and environmentally responsible construction, and to increase the application of these concepts throughout each and every client project. We strive to find better solutions to the world's needs, as well as safer, more socially conscious ways to meet them both today and in the future. By consistently meeting our clients' high expectations for safety, quality and service, MasTec delivers the confidence they need to hire us again and again. MasTec and our subsidiaries are currently certified as a Minority-Controlled Company by the National Minority Suppliers Development Council (NMSDC) and as a Minority Business Enterprise (MBE) by the California Public Utilities Commission's Supplier Clearinghouse. These certifications allow MasTec to be recognized as a minority contractor throughout the United States and across a range of industries that we serve

Fluor Corporation Engineering, Construction & Architecture - Irving, TX

Fluor is a FORTUNE 500 company that delivers engineering, procurement, construction, maintenance (EPCM), and project management to governments and clients in diverse industries around the world. For nearly a century, clients have selected Fluor as their company of choice to complete challenging projects in remote parts of the world. Founded as a construction company in 1912, Fluor quickly built a reputation for applying innovative methods and performing precise engineering and construction work within the emerging petroleum industry. Today, Fluor continues to develop and implement innovative solutions for complex project issues in diverse industries, including chemicals and petrochemicals, commercial and institutional (C&I), government services, life sciences, manufacturing, mining, oil and gas, power, renewable energy, telecommunications, and transportation infrastructure

Awards & Honors
Rank #874
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
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