Here’s to Knife River

June 1, 2023 – MDU Resources announced on Aug. 4, 2022, its intent to separate its construction materials subsidiary, Knife River Corp., into an independent, publicly traded company. Brian R. Gray was named president and CEO on March 1 of this year. Gray has 29 years of experience at Knife River. Prior to being named company president, he was president of Knife River’s Northwest Region. The new management team celebrated by ringing the opening bell on the New York Stock Exchange today.

“The opportunity to ring the opening bell at the New York Stock Exchange this morning, representing nearly 6,000 dedicated Knife River team members, is truly an honor and is an exciting moment in our company’s history,” said Gray. “Our team is well-established and well prepared to be on our own as a pure-play construction materials and contracting services company. We are focused on building America’s infrastructure and delivering long-term value for our shareholders.”

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