Granite Subsidiary Awarded $23 Million Power Project in New York

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE:GVA) announced today that Kenny Construction Company (“Kenny”), a wholly-owned subsidiary, has been awarded a $23 million contract by Rochester Gas & Electric for the Station 23 Underground Transmission Line Project in Rochester, New York. Granite will book the contract into its fourth quarter 2016 backlog.

Through its Power Group, Kenny will install two (2) new 115-kilovolt and one (1) 34.5-kilovolt underground transmission circuits in central Rochester, adjacent to the University of Rochester. Scope of the work includes trench excavation, concrete duct-bank/conduit installation, manhole/vault installation, trench backfill, and pavement restoration. Once complete, the project will increase the electrical reliability and capacity to meet future demands for electricity in the area.

Construction is scheduled to begin in January 2017 and estimated to be complete by August 2017.

About Granite

Through its offices and subsidiaries nationwide, Granite Construction Incorporated (NYSE:GVA) is one of the nation’s largest infrastructure contractors and construction materials producers. Granite specializes in complex infrastructure projects, including transportation, industrial and federal contracting, and is a proven leader in alternative procurement project delivery. Granite is an award-winning firm in safety, quality and environmental stewardship, and has been honored as one of the World’s Most Ethical Companies by Ethisphere Institute for seven consecutive years. Granite is listed on the New York Stock Exchange and is part of the S&P MidCap 400 Index, the MSCI KLD 400 Social Index and the Russell 2000 Index. For more information, visit


Granite Construction Incorporated
Jacque Fourchy, 831-761-4741
Ronald Botoff, 831-728-7532

Source: Granite Construction Incorporated