{"id":35286,"date":"2026-05-04T04:44:17","date_gmt":"2026-05-04T11:44:17","guid":{"rendered":"https:\/\/essential.construction\/news\/granite-scoops-up-utah-infrastructure-contractor\/"},"modified":"2026-05-04T04:44:17","modified_gmt":"2026-05-04T11:44:17","slug":"granite-scoops-up-utah-infrastructure-contractor","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/granite-scoops-up-utah-infrastructure-contractor\/","title":{"rendered":"Granite scoops up Utah infrastructure contractor"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"text-to-speech\">\n    <button class=\"text-to-speech__button button\"><br \/>\n        <img decoding=\"async\" class=\"text-to-speech__button__icon\" src=\"https:\/\/www.constructiondive.com\/static\/img\/play.svg?313321260226\" alt=\"-\"><br \/>\n        Listen to the article<\/p>\n<p>            <span class=\"text-to-speech__button__audio-length\">2 min<\/span><\/p>\n<p>    <\/button><\/p>\n<div class=\"text-to-speech__controls\">\n        <audio controls=\"\" class=\"js-text-to-speech\" preload=\"none\"><source src=\"https:\/\/text-to-speech.divecdn.com\/newspost\/818777\/2026-04-29_10.18.36\/granite-buys-Kenny-Seng-utah-infrastructure-contractor.wav\" type=\"audio\/mp3\"><\/source><\/audio><\/p>\n<div class=\"text-to-speech__controls__text\">\n            This audio is auto-generated. Please let us know if you have <a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/contact\/\" target=\"_blank\">feedback<\/a>.\n        <\/div>\n<\/p><\/div>\n<\/div>\n<h3>Dive Brief:<\/h3>\n<ul>\n<li><span><span><span><span><span><span>Granite Construction continued its multiyear buying spree by snatching up a <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/investor.graniteconstruction.com\/news-and-events\/press-releases\/granite-completes-acquisition-kenny-seng-construction-expand\" target=\"_blank\"><span><span><span><span><span><span><span><span>Provo, Utah-based infrastructure contractor<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, according to a Monday news release. The terms of the acquisition were not disclosed.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>Kenny Seng Construction focuses on earthwork, site preparation, utility installation, concrete work and construction management. It runs a gravel pit and recycling yard, as well as a fleet of multiuse dump trucks. The firm was founded in 1985 and has annual revenue of approximately $150 million per the release.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>\u201cKSC is a great fit for Granite,\u201d Kyle Larkin, Granite\u2019s president and CEO, said in a statement emailed to Construction Dive. \u201cOur cultures and values are closely aligned, and KSC\u2019s work complements what Granite already does well and expands Granite\u2019s service offerings in Utah.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<\/ul>\n<h3>Dive Insight:<\/h3>\n<p><span><span><span><span><span><span>The move builds on Watsonville, California-based Granite\u2019s \u201chome market\u201d strategy, where it supplies material from its own yards to help it build infrastructure projects in the nearby construction markets. The KSC deal includes a hard rock quarry with 1 million tons of annual production and approximately 45 million tons of reserves, according to the announcement.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>In addition to subdivision and land development, KSC focuses on the education market with experience in school site work and athletic complexes, according to its website.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The acquisition builds on both the <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/merger-acquistion-roundup-construction-tech-autodesk-trimble\/818155\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>broader trend of mergers and acquisitions<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> in the building and construction technology industries, as well as Granite\u2019s own penchant for \u201cbolt-on\u201d acquisitions. On its most recent earnings call in February, the firm said it would continue to <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/highway-bill-higher-iija-granite-construction\/812167\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>look for additional purchase targets<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>. In 2025, it <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/granite-construction-acquisitions-backlog-earnings\/757248\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>bought Warren Paving and Papich Construction<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, along with Cinderlite Trucking <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.graniteconstruction.com\/newsroom\/granite-subsidiary-acquires-cinderlite-trucking-corporation\" target=\"_blank\"><span><span><span><span><span><span><span><span>via its subsidiary, Centennial Aggregate<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>KSC\u2019s leadership team will continue to steer the organization while the company will maintain its brand, Granite said.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cGranite is growing, and this deal is in line with that effort,\u201d Granite CFO Staci Woolsey said in a statement shared with Construction Dive. \u201cAs with our other recent acquisitions KSC is a well-led, high-performing company that will provide immediate benefits to our bottom line. We are excited to welcome them to our team.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Granite is scheduled to report its first quarter 2026 earnings on Thursday.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/granite-buys-Kenny-Seng-utah-infrastructure-contractor\/818777\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive &#8230; <a title=\"Granite scoops up Utah infrastructure contractor\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/granite-scoops-up-utah-infrastructure-contractor\/\" aria-label=\"Read more about Granite scoops up Utah infrastructure contractor\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[],"class_list":["post-35286","post","type-post","status-publish","format-standard","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/35286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=35286"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/35286\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=35286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=35286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=35286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}