Articles from Knife River Corporation

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its fourth quarter and full-year 2024 earnings conference call at 11 a.m. EST Thursday, February 13, 2025. Financial results for the quarter will be released that morning before the NYSE market opens.

Knife River Corporation (NYSEKNF) announced today that it has entered into a definitive agreement to acquire Strata Corporation, a leading construction materials and contracting services provider in North Dakota and northwestern Minnesota. Based on Strata’s projected 2025 Adj. EBITDA, the purchase price of $454 million reflects a multiple in the high single digits.

Knife River Corporation (NYSEKNF) announced today that Glenn R. Pladsen has been named Vice President and Chief Excellence Officer, tasked with leading core elements of the company’s “Competitive EDGE” strategy for long-term, profitable growth. The position takes effect Jan. 1, 2025.

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the third quarter ended September 30, 2024.

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its third quarter 2024 earnings conference call at 11 a.m. EST Monday, November 4, 2024. Financial results for the quarter will be released that morning before the NYSE market opens.

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the second quarter ended June 30, 2024.

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its second quarter 2024 earnings conference call at 10 a.m. EDT Tuesday, Aug. 6, 2024. Financial results for the quarter will be released that morning before the NYSE market opens.

Knife River Corporation (NYSEKNF) announced today that Patricia Chiodo has been appointed to the company’s board of directors.

Knife River Corporation (NYSEKNF) announced today that Thomas W. Hill has been elected by Knife River’s stockholders at the 2024 annual meeting of stockholders to serve on its Board of Directors. Hill brings deep construction materials knowledge and decades of corporate leadership experience to the Knife River board.

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the first quarter ended March 31, 2024.

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its first quarter 2024 earnings conference call at 10 a.m. EDT Tuesday, May 7, 2024. Financial results for the quarter will be released that morning before the NYSE market opens.

Knife River Corporation (NYSEKNF) today announced that it has published its first sustainability report as a stand-alone company. The report highlights the commitments Knife River has made to sustainable business practices.

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the fourth quarter and full-year ended December 31, 2023.

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its fourth quarter and full year 2023 earnings conference call at 1 p.m. ET Thursday, February 15, 2024. Financial results for the quarter and full year will be released that morning before the NYSE market opens.

Knife River Corporation (NYSEKNF) (the “Company” or “Knife River”) announced today the pricing of the previously announced secondary public offering (the “Offering”) of 5,142,383 shares of its common stock (the “KNF Shares”) currently owned by MDU Resources Group, Inc., the Company’s former parent (“MDU Resources”). The KNF Shares will be offered at a public offering price of $54.00 per share. Knife River is not selling any shares of common stock and will not receive any proceeds from the sale of the KNF Shares in the Offering or from the debt-for-equity exchange (described below).

Knife River Corporation (NYSEKNF) (the “Company” or “Knife River”) announced today the launch of a secondary public offering (the “Offering”) of 5,142,383 shares of its common stock (the “KNF Shares”) currently owned by MDU Resources Group, Inc., the Company’s former parent (“MDU Resources”). Knife River is not selling any shares of common stock and will not receive any proceeds from the sale of the KNF Shares in the Offering or from the debt-for-equity exchange (described below).

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the third quarter ended September 30, 2023.

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its third quarter 2023 earnings conference call at 10 a.m. EDT Monday, November 6, 2023. Financial results for the quarter will be released that morning before the NYSE market opens.

Knife River Corporation (NYSEKNF) has named Robert Van Til president of its South Region, which includes aggregate, asphalt, ready-mix concrete and contracting services operations in the Bryan/College Station and Waco markets in Texas. South Region operations also include the Honey Creek quarry, northwest of Austin, Texas.

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the second quarter ended June 30, 2023.

Knife River Corporation (NYSEKNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its second quarter 2023 earnings conference call at 10 a.m. EDT Tuesday, August 8, 2023. Financial results for the quarter will be released that morning before the NYSE market opens.

Knife River Corporation (NYSEKNF) today announced the successful completion of its spinoff from MDU Resources Group, Inc. NYSE: MDUNYSEMDU)