Type | Public |
---|---|
Industry | |
Founded | 1922 |
Headquarters | Watsonville, California, U.S. |
Key people | Kyle Larkin (President & CEO) Lisa Curtis (CFO) James Radich (COO) |
Revenue | $3.01 billion (2021) [1] |
Number of employees | 4,200 [2] (2018) |
Website | graniteconstruction |
Granite Construction Inc. is a civil construction company and aggregate producer, a member of the S&P 600 Index [3] based and founded in Watsonville, California , and is the parent corporation of Granite Construction Company. The company is both a heavy civil construction contractor and construction aggregate manufacturer, owning or leasing quarries in several Western states for extracting mostly sands, gravel, and crushed stone products. Most of Granite's operations exist within the state of California, with some attention given to operations outside of where the company was founded.
Incorporated in 1922 and publicly traded since 1990, Granite Construction Company is composed of a construction materials division, and two construction operating divisions (California Group, and Central Group). Under each group are numerous regional offices, quarries, asphalt and concrete plants. Granite's California Group comprises five regions, based on geographically limited areas within the state. Granite's Central Group comprises six regions, representing states and specific markets outside of California: Arizona, Texas, Florida, Illinois, Federal, and Water/Minerals.
Granite Construction works in both public and private sector transportation infrastructure projects that include: roads and highways, bridges, dams, water reservoirs, railroads, seaports, and airports. The materials division produces construction materials such as sand, gravel, ready-mix and asphalt concrete.
As of 2022, Granite was ranked 28th on ENR's Top 400 Contractors (by overall revenue). [4]
Concrete is a composite material composed of fine and coarse aggregate bonded together with a fluid cement that hardens (cures) over time. Concrete is the second-most-used substance in the world after water, and is the most widely used building material. Its usage worldwide, ton for ton, is twice that of steel, wood, plastics, and aluminum combined. Globally, the ready-mix concrete industry, the largest segment of the concrete market, is projected to exceed $600 billion in revenue by 2025. This widespread use results in a number of environmental impacts. Most notably, the production process for cement produces large volumes of greenhouse gas emissions, leading to net 8% of global emissions. Other environmental concerns include widespread illegal sand mining, impacts on the surrounding environment such as increased surface runoff or urban heat island effect, and potential public health implications from toxic ingredients. Significant research and development is being done to try to reduce the emissions or make concrete a source of carbon sequestration, and increase recycled and secondary raw materials content into the mix to achieve a circular economy. Concrete is expected to be a key material for structures resilient to climate disasters, as well as a solution to mitigate the pollution of other industries, capturing wastes such as coal fly ash or bauxite tailings and residue.
A road surface, or pavement, is the durable surface material laid down on an area intended to sustain vehicular or foot traffic, such as a road or walkway. In the past, gravel road surfaces, hoggin, cobblestone and granite setts were extensively used, but these have mostly been replaced by asphalt or concrete laid on a compacted base course. Asphalt mixtures have been used in pavement construction since the beginning of the 20th century and are of two types: metalled (hard-surfaced) and unmetalled roads. Metalled roadways are made to sustain vehicular load and so are usually made on frequently used roads. Unmetalled roads, also known as gravel roads, are rough and can sustain less weight. Road surfaces are frequently marked to guide traffic.
Concrete recycling is the use of rubble from demolished concrete structures. Recycling is cheaper and more ecological than trucking rubble to a landfill. Crushed rubble can be used for road gravel, revetments, retaining walls, landscaping gravel, or raw material for new concrete. Large pieces can be used as bricks or slabs, or incorporated with new concrete into structures, a material called urbanite.
Foster Yeoman Limited, based near Frome, Somerset, England, was one of Europe's largest independent quarrying and asphalt companies. It was sold to Aggregate Industries in 2006.
Construction aggregate, or simply aggregate, is a broad category of coarse- to medium-grained particulate material used in construction, including sand, gravel, crushed stone, slag, recycled concrete and geosynthetic aggregates. Aggregates are the most mined materials in the world. Aggregates are a component of composite materials such as concrete and asphalt; the aggregate serves as reinforcement to add strength to the overall composite material. Due to the relatively high hydraulic conductivity value as compared to most soils, aggregates are widely used in drainage applications such as foundation and French drains, septic drain fields, retaining wall drains, and roadside edge drains. Aggregates are also used as base material under foundations, roads, and railroads. In other words, aggregates are used as a stable foundation or road/rail base with predictable, uniform properties, or as a low-cost extender that binds with more expensive cement or asphalt to form concrete. Although most kinds of aggregate require a form of binding agent, there are types of self-binding aggregate which do not require any form of binding agent.
Engineering News-Record is an American weekly magazine that provides news, analysis, data and opinion for the construction industry worldwide. It is widely regarded as one of the construction industry's most authoritative publications and is considered by many to be the "bible" of the industry. It is owned by BNP Media.
The Miller Group is a diverse transportation construction company based in Markham, Ontario, Canada where its Corporate Head Office is located. Its U.S. headquarters is located in Morrow, Georgia.
Veidekke is the largest Norwegian construction and civil engineering company and the fourth largest in Scandinavia. Veidekke's business involves a network of Scandinavia construction and engineering operations, rehabilitation work, major heavy construction contracts and development of dwellings for the company's own account as well as buildings for public use. They recently acquired Reinertsen's civil engineering arm. Other business segments are asphalt operations, production of crushed stone and gravel (aggregates) and maintenance of public roads.
Tarmac Group Limited was a British building materials company headquartered in Wolverhampton, United Kingdom. It produced road surfacing and heavy building materials including aggregates, concrete, cement and lime, as well as operating as a road construction and maintenance subcontractor.
Graniterock is an American corporation, founded in 1900 as "Granite Rock", and based in Watsonville, California. It operates in the construction industry providing crushed gravel, sand, concrete, asphalt and paving services.
Aggregate Industries, a member of the Holcim Group, is a company based in the United Kingdom with headquarters at Bardon Hill, Coalville, Leicestershire. Aggregate Industries manufactures and supplies a range of heavy building materials, primarily aggregates such as stone, asphalt and concrete, to the construction industry and other business sectors. Aggregate Industries also manufactures and imports cement, and provides a range of aggregate-associated goods and services, these include the manufacture of masonry and reconstructed stone items for construction industry and domestic applications, the manufacture of pre-cast concrete items, the supply of ready mixed concrete, design and project management consulting, and resurfacing contracting services.
Superior Industries, Inc. is an American manufacturing company headquartered in Morris, Minnesota. The company engineers, manufactures, sells and supports dry bulk processing and handling equipment and components. In 2008, Superior acquired Westmor Industries, a manufacturer and distributor of energy storage, transportation and dispensing equipment also headquartered in Morris.
Michels Corporation is a family owned and operated energy and infrastructure construction company. Headquartered in Brownsville, WI, where it was established in 1959, Michels is one of the largest, most diversified contractors in North America. It performs work throughout the world.
Resperion is a company based in Scottsdale, Arizona that is involved in the creation and development of a variety of products used in road construction, soil stabilization, dust control, and natural paving alternatives.
Teichert, a private company, is an infrastructure and site development contractor and a construction materials producer. The company's construction services include mass grading, asphalt paving, concrete curbs and sidewalks, underground pipelines, and joint utility installations. The construction materials businesses produce crushed stone, sand, gravel, asphalt concrete, ready-mix concrete, and precast concrete products. Additionally, the Teichert Foundation, a nonprofit organization, awards grants to community organizations and provides employee-matching grants.
Tarmac is a British building materials company headquartered in Solihull, England. The company was formed as Lafarge Tarmac in March 2013, by the merger of Anglo American's Tarmac UK and Lafarge's operations in the United Kingdom. In July 2014, Anglo American agreed to sell its stake to Lafarge, to assist Lafarge in its merger with Holcim and allay competition concerns.
Overaa Construction is an American family-owned construction company based in Richmond, California, which provides general contracting and design/build services in Northern California. It is one of the largest contractors in California and since 1993, has been listed among ENR's top 400 contractors in the US.
Breedon Group plc is an AIM-listed British construction materials company headquartered at Breedon on the Hill, Leicestershire, England. In 2016 Breedon became the UK's largest independent construction materials firm following its acquisition of Hope Construction Materials and in 2018 extended its operations into Ireland with the acquisition of Lagan Group.
Oldcastle Materials Inc. is a leading supplier of asphalt, concrete, and other building materials, and also offers construction and paving services. The Atlanta-based company is a subsidiary of CRH plc, a publicly traded international group of diversified building materials businesses, and has approximately 18,000 employees at 1,200 locations, as of March 2018.