Granite Joint Venture Awarded $324.8 Million Big Creek Tunnel Project in Ohio
Granite announced that its Granite-Super Joint Venture, formed with Super Excavators, has been awarded a contract valued at approximately $324.8 million by the Northeast Ohio Regional Sewer District for the Big Creek Tunnel project in Cleveland, Ohio. The contract will be included in third quarter CAP and is part of NEORSD's Project Clean Lake program.
Why it matters — A multi-hundred-million-dollar contract award represents a significant addition to Granite's project pipeline and backlog, which investors tracking the company's growth would find notable.