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Granite (GVA) & Kraemer JV Wins $113M Project in Michigan
GVAGranite(GVA) ZACKS·2024-07-11 17:56

Granite Construction Incorporated's (GVA) joint venture with Kraemer North America, GKJV-II, has been selected by the Michigan Department of Transportation ("MDOT") to remove and replace the Lafayette Bascule Bridge in Michigan. This approximately $113 million project, is funded by the Federal Highway Administration and the MDOT. Per this contract, the joint venture is expected to demolish the existing structure, along with cofferdam installation, new substructure and bascule piers, structural steel, machin ...