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Granite Construction Incorporated Announces Agreement to Acquire Dickerson & Bowen, Inc.

Aug 01, 2024•almost 2 years ago

Contract Type

agreement

WatsonvilleConstruction

Description

Granite Construction Incorporated reported strong second quarter results, with net income of $37 million and adjusted net income of $77 million. The company also announced an agreement to acquire Dickerson & Bowen, Inc. of Brookhaven, Mississippi. This acquisition will add four asphalt plants and three sand and gravel pits, further expanding the company's materials-focused, vertically integrated business.

Company Information

Company

Granite

Location

Watsonville, California, United States

About

Granite is America’s Infrastructure Company™. 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’s 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, and connect with Granite on LinkedIn, Twitter, Facebook, and Instagram.

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