GVA - Granite Construction Boosts Footprint In Memphis Metropolitan Area Raises FY24 Sales Outlook | Benzinga
Granite Construction Inc (NYSE: GVA) disclosed the acquisition of Lehman-Roberts Company (LRC) and Memphis Stone & Gravel Company (MSG) for undisclosed terms.
The acquisition boosts Granite's footprint and creates a new platform for growth in the attractive greater Memphis metropolitan market.
Notably, LRC has seven strategically located asphalt plants, and MSG has three sand and gravel mines in the region.
Also, MSG owns exclusive rights to an estimated ...