North / South America
Ace Paving leases asphalt plant
Aug, 15 2012
(California) -- Granite Construction, Inc., of Watsonville, Calif., has signed a lease with Ace Paving Co. of Bremerton to operate an asphalt plant off Dickey Road in Central Kitsap.
The lease started June 1 and will continue through the construction season, according to Granite spokeswoman Jacque Fourchy.
Ace Paving has four asphalt-production plants and the short-term lease is just for the one.
Ace Paving, a longtime local company, has encountered financial strain in the slower economy.
When asked about the lease, Ace partner Roy Christopherson said only, "We're in a changed situation." The company today is in financial strain as the slow economy continues to dog the construction industry.
Granite Construction is a national company involved in making many bridge and highway projects. It also has done work on the World Trade Center in New York. Its operations that are closest to Bremerton are in Everett.
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