Centennial Asphalt Company, a wholly-owned subsidiary of Granite Construction Incorporated, has acquired a liquid asphalt terminal.

The facility, located in Bakersfield, California, provides 170,000 barrels of liquid asphalt storage.

“Centennial Asphalt will support customers across California,” said Brad Estes, vice president of construction materials. “This liquid asphalt terminal will enhance our Home Market Strategy by expanding into high-quality polymer modified asphalt, emulsions, and neat asphalt.”