Granite and Port of Woodland Sign Historic Long-Term Lease Agreement for Construction Materials Facility
June 12 2024 - 4:30PM
Business Wire
Granite (NYSE:GVA) has executed a long-term lease with the Port
of Woodland for a new construction materials facility. The facility
will be on a 25-acre site next to the Columbia River, reinforcing
Granite’s commitment to the Southwest Washington area home
market.
Key Highlights:
Location: The facility will be near Woodland, WA,
providing construction materials into the Southwest Washington area
construction market.
Market Support: The lease agreement allows Granite to
provide construction materials to the market, supporting
infrastructure development and growth in the region.
Vancouver Portland Metropolitan Area: Granite’s long-term
commitment to the Vancouver Portland Metropolitan area underscores
its dedication to serving the community and contributing to
economic prosperity.
SW Washington: The facility will enhance Granite’s
business operations in Southwest Washington, bolstering its
presence and capacity along the Interstate 5 corridor while meeting
growing demand in Cowlitz and Clark County.
Sustainability: The Port of Woodland site creates
opportunities for Granite to improve resource efficiency and
advance sustainability goals related to responsible consumption and
production. In partnership with the Port, Granite will expand
access to, high-quality asphaltic concrete for the preservation and
development of pavement infrastructure that supports the flow of
goods and connects communities.
“We are thrilled to partner with the Port of Woodland,” said
Brad Estes, Granite Senior Vice President of Construction
Materials. “This facility represents a significant investment in
our local community, and we look forward to delivering high-quality
materials to support transportation infrastructure projects
throughout the region. Our asphalt paving manufacturing will
utilize up to 40% recycled asphalt pavement (RAP) providing a
sustainable product with lower GHG emissions while reducing truck
trips and the use of petroleum products.”
Granite’s new facility is expected to begin operations in 2025,
providing materials for road construction, building projects, and
infrastructure improvements, and will create jobs, stimulate
economic activity, and contribute to the region’s prosperity.
Click here to learn more about Granite’s materials business.
About Granite
Granite is America’s Infrastructure Company™. Incorporated since
1922, Granite (NYSE:GVA) is one of the largest diversified
construction and construction materials companies in the United
States as well as a full-suite civil construction provider.
Granite’s Code of Conduct and strong Core Values guide the Company
and its employees to uphold the highest ethical standards. Granite
is an industry leader in safety and an award-winning firm in
quality and sustainability. For more information, visit the Granite
website, graniteconstruction.com, and connect with Granite on
LinkedIn, X, Facebook, and Instagram.
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