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| Granite Construction realigns business operations  Granite Construction Incorporated announced an organizational realignment of its business operations. The realignment is designed to accommodate growth of the company's vertically integrated Branch business in the west and improve profitability on its large, complex Heavy Construction Division ("HCD") projects. Implementation of the strategic and organizational realignment is currently underway and is expected to take approximately twelve months to complete.Granite West will be structured to strategically support the growth of the Company's construction and construction materials businesses. The western portion of the Granite's current large project business will be integrated into Granite West by carefully capitalizing on Granite West's capacity, people and assets, as well as its extensive and proven management and support structure. Granite Construction will retain its decentralized operating structure within Granite West, with each of its branch locations aligning under one of three Operating Groups: Northwest, Northern California and Southwest. Each branch will remain intact with little or no change in their operations and will report to a newly created position, Granite West Group Vice President. Each of the three Group Vice Presidents will oversee three to six branches and will have the responsibility to stimulate strategic thinking and growth in their geographic territory. Among other key benefits, this structure will allow Granite West to utilize its resources and market knowledge to take advantage of the larger projects we expect to be let as a result of healthy state funding and the recently passed Propositions in California. write your comments about the article :: © 2007 Construction News :: home page |