News
April 18, 2025

Granite Wins $80 Million Contract for Forney, TX Road Upgrade

Caroline Raffetto

WATSONVILLE, Calif. – Granite (NYSE:GVA) has secured an approximately $80 million contract from the Texas Department of Transportation (TxDOT) to upgrade a key stretch of Farm to Market 548 (FM 548) near Forney, Texas. The funding for the project will come from state sources and will be part of Granite’s first-quarter capital (CAP) allocation.

The project aims to convert the existing asphalt roadway on FM 548, stretching north of US 80 to Windmill Farms Blvd, into a durable concrete pavement. In addition to road resurfacing, the plan includes adding new travel lanes and enhancing drainage systems. This upgrade is expected to increase traffic capacity and alleviate congestion, especially in the commercial hub of Forney and surrounding Kaufman County, which has experienced rapid growth in recent years.

The scope of the work includes the installation of over 200,000 square yards of 10-inch concrete pavement and the construction of more than 40,000 linear feet of new storm drain infrastructure.

Steve Kaesler, Granite's Vice President of Regional Operations, commented, “Our home market strategy in North Texas is complemented perfectly by this strategic project. It fits well with our core competencies and is a result of capitalizing on other wins in the nearby area.”

This infrastructure improvement is seen as a significant contribution to the economic and community development of Forney and Kaufman County. Granite is proud to play a role in enhancing the quality of life for residents while supporting the continued growth of the area.

Construction is slated to begin in July 2025, with project completion expected by March 2027.

About Granite

Granite is America’s Infrastructure Company™. Founded in 1922, Granite (NYSE:GVA) is one of the largest and most diversified construction and materials companies in the United States. Granite specializes in providing a full suite of civil construction services, guided by strong core values and a commitment to ethical standards. The company is recognized as an industry leader in safety, quality, and sustainability. For more information, visit Granite’s website at graniteconstruction.com and connect with Granite on LinkedIn, X, Facebook, and Instagram.

Originally reported by Business Wire.

News
April 18, 2025

Granite Wins $80 Million Contract for Forney, TX Road Upgrade

Caroline Raffetto
Announcements
California

WATSONVILLE, Calif. – Granite (NYSE:GVA) has secured an approximately $80 million contract from the Texas Department of Transportation (TxDOT) to upgrade a key stretch of Farm to Market 548 (FM 548) near Forney, Texas. The funding for the project will come from state sources and will be part of Granite’s first-quarter capital (CAP) allocation.

The project aims to convert the existing asphalt roadway on FM 548, stretching north of US 80 to Windmill Farms Blvd, into a durable concrete pavement. In addition to road resurfacing, the plan includes adding new travel lanes and enhancing drainage systems. This upgrade is expected to increase traffic capacity and alleviate congestion, especially in the commercial hub of Forney and surrounding Kaufman County, which has experienced rapid growth in recent years.

The scope of the work includes the installation of over 200,000 square yards of 10-inch concrete pavement and the construction of more than 40,000 linear feet of new storm drain infrastructure.

Steve Kaesler, Granite's Vice President of Regional Operations, commented, “Our home market strategy in North Texas is complemented perfectly by this strategic project. It fits well with our core competencies and is a result of capitalizing on other wins in the nearby area.”

This infrastructure improvement is seen as a significant contribution to the economic and community development of Forney and Kaufman County. Granite is proud to play a role in enhancing the quality of life for residents while supporting the continued growth of the area.

Construction is slated to begin in July 2025, with project completion expected by March 2027.

About Granite

Granite is America’s Infrastructure Company™. Founded in 1922, Granite (NYSE:GVA) is one of the largest and most diversified construction and materials companies in the United States. Granite specializes in providing a full suite of civil construction services, guided by strong core values and a commitment to ethical standards. The company is recognized as an industry leader in safety, quality, and sustainability. For more information, visit Granite’s website at graniteconstruction.com and connect with Granite on LinkedIn, X, Facebook, and Instagram.

Originally reported by Business Wire.