Granite Announces Launch of Pajaro River Flood Risk Management Project – Reach 6

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced it has been awarded a contract valued at approximately $39 million by the U.S. Army Corps of Engineers (USACE) for the construction of Reach 6 of the Pajaro River Flood Risk Management Project, a transformative initiative led and funded by USACE. The award will be reflected in Granite’s third quarter CAP. Reach 6 is the first of five planned reaches and involves construction along Corralitos Creek, a tributary of the Pajaro Rive