Granite Construction (GVA) Misses Q4 EPS by 31c

Granite Reports Fourth Quarter and Fiscal Year 2021 Results

Committed and Awarded Projects ("CAP") (1) of $4.0 billion Year-end cash and marketable securities of $411.2 million Reorganized California, Mountain and Central operating groups and Construction and Materials reportable segments Former Water and Minerals Services operating group is now presented as held for sale and discontinued operations

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE: GVA) today announced results for the fourth quarter and year ended December 31, 2021.

Fiscal Year 2021 Results

Fiscal year 2021 net income totaled $10.1 million, or $0.22 per diluted share, compared to a... More

Granite Secures $23.8 Million Award for North Texas Watershed Upgrades

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite (NYSE: GVA) announced the award of three contracts totaling approximately $23.8 million by Ellis-Prairie Soil and Water Conservation District. Located in Ellis County, Texas, the first contract was included in Granites fourth quarter 2021 CAP and the remaining two contracts are anticipated to be included in Granites first quarter 2022 CAP.

Granites scope of work includes the rehabilitation and upgrading of floodwater retarding structures at three sites. In total, these three projects include 178,000 CY of excavation,... More

Granite to Operate Anderson Rock Quarry at DTG Sustainability Park

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite (NYSE: GVA) and DTG Recycle today announced the execution of an agreement for Granite to operate the Anderson Rock Quarry at the DTG Recycle Sustainability Park in Yakima, WA. This agreement gives Granite the exclusive right to mine and manufacture aggregate and asphalt at the facility.

In addition to the Anderson Rock Quarry, the DTG Recycle Sustainability Park is also home to the Summitview Landfill and the Cowiche Canyon Recycling Facility. The quarry has been in operation since 1983, serving as a key producer of high-demand construction... More

H.B. Fuller Names Celeste Mastin as Executive Vice President and Chief Operating Officer

ST. PAUL, Minn.--(BUSINESS WIRE)-- H.B. Fuller Company (NYSE: FUL) today announced that Celeste Mastin will join the company as executive vice president and chief operating officer on March 7, 2022. Mastin will assume the executive leadership role most recently held by Ted Clark, who is moving into a strategic advisory role. This transition allows a smooth succession of the COO role and continuity of H.B. Fullers strategic plan, which has generated significant top- and bottom-line growth for the company.

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