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Granite Construction, Inc.

p1mX-CAT Indexes

585 W. Beach Street ▪ Watsonville CA 95076 ▪ (831) 724-1011

www.graniteconstruction.com

Exchange/Ticker: NYSE: GVA

State/Inc: DE

FYE: 12/31

 SIC: 1600

SEC Filings

Granite Construction - Annual Chart

Granite Construction - Daily Chart

 Sector: Industrial Goods
2006 Revenue: $2.9 (B)
CEO: William G. Dorey
CFO: William E. Barton

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Granite Construction Inc. is a heavy civil construction contractor in the United States. The Company operates nationwide, serving both public and private sector clients.

Within the public sector, the Company primarily concentrates on infrastructure projects, including the construction of roads, highways, bridges, dams, tunnels, canals, mass transit facilities and airport infrastructure. Within the private sector, the Company performs site preparation and infrastructure services for residential development, commercial and industrial buildings, plants and other facilities.

The Company's diversification in both the public and private sectors and its mix of project types and sizes has contributed to its profitability in various economic environments. The Company owns and leases aggregate reserves and owns a number of construction materials processing plants. The Company also has contractor-owned heavy construction equipment fleets in the United States.

The Company is organized into two operating segments, the Branch Division and the Heavy Construction Division. The Branch Division is comprised of branch offices that serve local markets, while HCD is composed of regional offices and major infrastructure projects throughout the nation. HCD focuses on building larger heavy civil projects with contract durations that are generally greater than two years, while Branch Division projects are typically smaller in size and shorter in duration. The Branch Division currently has 12 branch offices in the western United States with additional satellite operations.

The Company's eight branch offices in California are located in Bakersfield, Fresno, Indio, Sacramento, Santa Clara, Santa Barbara, Stockton and Watsonville. The Company's branch offices outside of California are located in Arizona, Nevada, Utah, and its majority-owned subsidiary Wilder Construction Company, which has locations in Alaska, Oregon and Washington. Each branch effectively operates as a local or regional construction

The Company and its branch management is encouraged to participate actively in the local community. HCD markets, estimates, bids and provides management oversight of its projects from its Watsonville, California headquarters and its five regional estimating offices in Davis, California; Tampa, Florida; Bloomington, Minnesota; Mt. Vernon, New York and Lewisville, Texas.

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