MDU - Mergers and acquisitions

BISMARCK, N.D., Nov. 22, 2021 /PRNewswire/ -- Knife River Corporation announced today it has acquired Baker Rock Resources and Oregon Mainline Paving, two premier construction materials companies that expand Knife River's platform in the Pacific Northwest. Knife River is the construction materials subsidiary of MDU Resources Group, Inc. (NYSE:MDU). Baker Rock, headquartered in Beaverton, Oregon, has an estimated 83 million to 88 million tons of construction aggregates in key growth locations around the Portland metro area, which historically has been a strong market for Knife

BISMARCK, N.D., April 1, 2021 /PRNewswire/ -- Knife River Corporation announced today it has acquired Mt. Hood Rock, further strengthening the company's aggregate position in the growing Portland metro area. Knife River is the construction materials subsidiary of MDU Resources Group, Inc. (NYSE: MDU). Mt. Hood Rock provides construction aggregates in the eastern Portland area, including Gresham, Troutdale, Happy Valley and Sandy. The estimated 20 years of reserves bolster Knife River's presence in the metro market. "Producing high-quality construction aggregates and enabling vertical integration are two of the cornerstones of Knife River's business strategy," said David L. Goodin, president

BISMARCK, N.D., Dec. 16, 2020 /PRNewswire/ -- Knife River Corporation announced today it has expanded its Intermountain Region footprint by acquiring the assets of McMurry Ready-Mix Co., an aggregates and concrete supplier based in Casper, Wyoming. Knife River is the construction materials subsidiary of MDU Resources Group, Inc. (NYSE: MDU) and operates in 15 states. McMurry's estimated aggregate reserves of nearly 100 million tons are strategically positioned throughout central Wyoming, including along interstates 25 and 80. The company also has a ready-mix plant on the west side of Casper, complementing Knife River's east Casper location. Knife River's Intermountain operations also inc