{"id":6235,"date":"2026-05-15T01:30:00","date_gmt":"2026-05-14T23:30:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=3c561ee5f34c6a3010156fa335198753"},"modified":"2026-05-15T01:30:00","modified_gmt":"2026-05-14T23:30:00","slug":"granite-awarded-parks-highway-mp-315-325-reconstruction-project-in-alaska","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=6235","title":{"rendered":"Granite Awarded Parks Highway MP 315\u2013325 Reconstruction Project in Alaska"},"content":{"rendered":"

WATSONVILLE, Calif.--(BUSINESS WIRE)--#BuildingBetterTogether<\/a>--Granite<\/a> (NYSE:GVA) announced today that it has been awarded the Parks Highway MP 315\u2013325 Reconstruction (Construction MP 322\u2013325) project by the Alaska Department of Transportation and Public Facilities. Located near Nenana, Alaska, the project is the second of two phases of the Parks Highway MP 319\u2013325 CM\/GC program that Granite has been delivering since 2022. The contract value is approximately $32 million.<\/p><\/a><\/a>

\nWork includes approximately 1.2 million cubic yards of excavation and embankment and 22,000 tons of asphalt, supplied by Granite utilizing a portable crusher and asphalt plant. Through the CM\/GC delivery process, Granite collaborated with Owner and Design teams to develop an efficient project solution. By leveraging existing on\u2011site materials and excess materials from the first phase, imported gravel quantities were reduced from an estimated 50,000 tons down to 8,000 tons. The project team also developed a temporary crossing over the Parks Highway for articulated haul units, allowing traffic to flow unimpeded through the project and eliminating the need for traffic control operations.<\/p>

\n\u201cWe are very pleased to award the final segment of the Parks 315\u2013325 project to Granite Construction,\u201d said Jennifer Wright, Project Manager Alaska DOT&PF. \u201cThis project will help improve safety and operations for goods and people moving through this critical corridor. The CM\/GC process and the project team were key to delivering the project on time and within budget, while minimizing planned impacts to the traveling public during construction.\u201d<\/p>

\n\u201cThis project exemplifies Granite\u2019s \u2018One Team\u2019 approach and our commitment to delivering best\u2011for\u2011project outcomes,\u201d said Marty Thurman, Granite Area Manager. \u201cOur strong partnership with Alaska DOT&PF, Michael Baker International, Inc. (designer of record), and Stanton (independent cost estimator) was instrumental during preconstruction and continues to drive success as we move into construction.\u201d<\/p>

\nConstruction is expected to begin in late second quarter 2026, with substantial completion anticipated in third quarter 2028.<\/p>

\nAbout Granite<\/b><\/p>

\nGranite is America\u2019s Infrastructure Company\u2122. 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\u2019s 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<\/a>, and connect with Granite on <\/i>LinkedIn<\/a>, <\/i>X<\/a>, <\/i>Facebook<\/a>, and <\/i>Instagram<\/a>.<\/i><\/p> Contacts<\/b>

\nGranite Contacts<\/b>Media\nErin Kuhlman 831-768-4111<\/p>

\nInvestors\nWenjun Xu - 831-761-7861<\/p>","protected":false},"excerpt":{"rendered":"

WATSONVILLE, Calif.–(BUSINESS WIRE)–#BuildingBetterTogether–Granite (NYSE:GVA) announced today that it has been awarded the Parks Highway MP 315\u2013325 Reconstruction (Construction MP 322\u2013325) project by the Alaska Department of Transportation and Publ…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6235","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/6235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6235"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/6235\/revisions"}],"predecessor-version":[{"id":6236,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/6235\/revisions\/6236"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}