Granite continues buying spree as backlog hits $6.1B
Construction Dive

AI Article Summary
Granite Construction, a California-based road building and materials firm, is experiencing significant growth with an ongoing acquisition spree, resulting in a backlog of $6.1 billion. The company's expansion is bolstered by a robust bidding environment and substantial funding from the Infrastructure Investment and Jobs Act (IIJA). These developments highlight the strong performance and future potential within the infrastructure sector. Granite's strategic expansion positions it well to capitalize on upcoming opportunities.