Tags: Granite Construction
Residential is up, but highways are status quo (at best)
By George H. Reddin
The first quarter of 2013 closed with slow, but steady, deal activity — the same pattern we’ve seen in recent years. The demand from buyers is as healthy as we have seen in years, and there remains ... Read More...
Adding insult to injury
Although Granite Construction abandoned efforts to permit its proposed Liberty Quarry in Riverside County, California, two groups continue to keep the matter alive. The city of Temecula and a citizens group, Save Our Southwest Hills (SOS), have modified their lawsuit ... Read More...
Cemex results were a bright spot as units shipped decreased in 2012
STOCK REPORTSources: New York Stock Exchange, NASDAQ, and Wall Street Journal Market Watch. Currency conversion calculated on 3/5/13.
By George H. Reddin
The fourth quarter of 2012 brought mixed results from the construction materials sector, with companies like Granite and Vulcan ... Read More...
Granite named as one of ‘World’s Most Ethical Companies’
Granite Construction Inc. has again been recognized by the Ethisphere Institute as one of the 2013 World's Most Ethical Companies (WME). The 2013 WME companies are those that embrace ethical business practice and demonstrate industry leadership.
"Not only did more companies ... Read More...
2012 Closes with a Burst of M&A Activity
By George H. Reddin
As expected, 2012 ended with a flurry of merger and acquisition activity. The outlook for deal activity in 2013 is good; however, there remains some concern and uncertainty about how Congress and the White House will deal ... Read More...
No paths are available for smooth transactions
By George H. Reddin
As the push toward year-end begins and buyers and sellers work diligently to close deals by Dec. 31, I am reminded how due diligence has become a full-contact sport. Never has the due diligence process been so ... Read More...
Steady, but modest, growth is the trend
By George H. Reddin
Slow progress in the return of the residential market, modest enthusiasm for the passage of MAP-21, and the continued steady, albeit modest, pace of acquisitions are starting to give some optimism that the worst is behind us ... Read More...
Elections and a ‘fiscal cliff’ loom ahead, but residential recovery continues
By George H. Reddin
Uncertainty continues to characterize the near-term economic outlook and inhibit stronger growth and job creation. This has been a common theme for this article during the last few years and has been a major reason for the ... Read More...
Data Mining September 2012
Home and highway markets show signs of improvement
While we remain in a period of significant uncertainty, we are beginning to get little signs that the worst is behind us and that there is guarded optimism moving forward.
Housing appears to have ... Read More...
Oldcastle, Vantacore pursue acquisitions
The aggregate, asphalt, and concrete sectors received good news in June with the passing of a new two-year federal transportation bill. Spending and investment have been on hold for the last few years due to the absence of certainty for ... Read More...
Economic indicators point toward higher valuations and lower costs.
STOCK REPORT U.S. On-Highway Diesel Fuel Prices
Granite resolves issues related to U.S. 20 project in Oregon
Granite Construction's joint venture, Yaquina River Constructors (YRC), and the Oregon Department of Transportation (ODOT) have resolved their claims in a settlement that includes a mutually agreed termination of the ODOT-YRC design-build contract on the U.S. 20 Pioneer Mountain to ... Read More...
