Granite Partners with Caltrans District 1 to Rehabilitate Stretch of Highway 162

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $36 million contract by the California Department of Transportation (Caltrans) to rehabilitate pavement along Highway 162 in Mendocino County, California. Project funding comes from both federal funds and the California Senate Bill (SB1) and was included in Granite’s first-quarter CAP. The project will improve 25 miles of roadway, the only highway connection to the Covelo-Round Valley area. Granite will f