GVA - Granite buys Coast Mountain Resources based in British Columbia Canada

2023-04-25 07:24:51 ET

• Granite ( NYSE: GVA ) buys Coast Mountain Resources, a construction aggregate producer based in British Columbia, Canada on Malahat First Nation land.
• Coast Mountain Resources operates the Bamberton Quarry on Vancouver Island, which is strategically located on the deep water of the Saanich Inlet.
• “Supporting and strengthening our vertically integrated home markets, which we have done through the acquisition of CMR and the previously announced acquisition of Brunswick Canyon in Nevada, is at the core of our strategic plan,” explained President and CEO Kyle Larkin. “We’re happy to have CMR in our portfolio and we will continue to be opportunistic in future investments to support the growth of our home markets.”

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