Centennial Asphalt Company Acquires Liquid Asphalt Terminal in Bakersfield
Centennial Asphalt Company, a wholly owned subsidiary of Granite Construction Incorporated (NYSE:GVA), has completed the purchase of a liquid asphalt terminal.
- Centennial Asphalt Company, a wholly owned subsidiary of Granite Construction Incorporated (NYSE:GVA), has completed the purchase of a liquid asphalt terminal.
- The facility, located in Bakersfield, California, provides 170,000 barrels of liquid asphalt storage.
- This liquid asphalt terminal will enhance our Home Market Strategy by expanding into high-quality polymer modified asphalt, emulsions, and neat asphalt.
- Our Bakersfield terminals central location is a huge asset for Centennial Asphalt and the asphalt market, added Rob Carter, director of asphalt and emulsions.