Granite Construction
Encyclopedia
Granite Construction Inc. is a member of the S&P 400
S&P 400
The S&P 400 MidCap Index, more commonly known as the S&P 400, is a stock market index from Standard & Poor's.It covers roughly the mid-cap range of US stocks.-Investing:The following ETFs attempt to track this index and sub-indexes:*Index Fund: &...

 Index based in Watsonville, California
Watsonville, California
Watsonville is a city in Santa Cruz County, California, United States. The population was 51,199 according to the 2010 census.Located on the central coast of California, the economy centers predominantly around the farming industry. It is known for growing strawberries, apples, lettuce and a host...

, and is the parent corporation of Granite Construction Company, a heavy civil general contractor
General contractor
A general contractor is responsible for the day-to-day oversight of a construction site, management of vendors and trades, and communication of information to involved parties throughout the course of a building project.-Description:...

 and construction material producer.

Incorporated in 1922 and publicly traded
Trade (financial instrument)
In finance, a trade is an exchange of a security for "cash", typically a short-dated promise to pay in the currency of the country where the 'exchange' is located...

 since 1990, Granite Construction Company is composed of a materials division and two geographically divided operating divisions (Granite West, located in Watsonville, and Granite East, located in the Dallas-Fort Worth Metroplex suburb of Lewisville, Texas
Lewisville, Texas
Lewisville is a city in Denton County in the U.S. state of Texas. The 2010 United States Census placed the population at 95,290 within . The city also includes of Lewisville Lake....

), under which are several regional offices.

Granite specializes in both public and private sector transportation infrastructure projects that include: roads, highways, tunnels, bridge
Bridge
A bridge is a structure built to span physical obstacles such as a body of water, valley, or road, for the purpose of providing passage over the obstacle...

s, locks and dams, mass transit facilities and airports. The materials division produces construction materials such as sand, gravel, ready-mix
Ready-mix concrete
Ready-mix concrete is a type of concrete that is manufactured in a factory or batching plant, according to a set recipe, and then delivered to a work site, by truck mounted transit mixers . This results in a precise mixture, allowing specialty concrete mixtures to be developed and implemented on...

 and asphalt concrete
Asphalt concrete
Asphalt concrete is a composite material commonly used in construction projects such as road surfaces, airports and parking lots. It consists of asphalt and mineral aggregate mixed together, then laid down in layers and compacted...

.
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