Knife River Corp. named Glenn R. Pladsen 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.
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Pilot Program for Disabled Veterans Launched at Knife River Plant
Montana Gov. Greg Gianforte and Department of Labor & Industry (DLI) Commissioner Sarah Swanson – along with Knife River, RDO Equipment Co. and Teleo – celebrated a $325,000 grant for a pilot program to hire and train veterans living with disabilities to operate heavy construction equipment from a remote and accessible location. The program will feature the Knife River gravel…
Read MoreAggNexus Livestream Broadcasts Third Session
Sept. 10, 2024 – Today at the AggNexus Digital Innovation Conference – co-sponsored by Rock Products’ parent company SEMCO Publishing – held at Thompson Conference Center at the University of Texas at Austin, the session “How AI Will Influence the Industry” featured:
Read MoreKnife River Earns Record Second Quarter Revenue, Income
Knife River Corp. announced financial results for the second quarter ended June 30, reporting record consolidated revenue of $806.9 million, a 3% increase from the prior-year record revenue, driven by price increases in its aggregates product line and increased contracting services revenues. The company also reported record second quarter net income of $77.9 million, compared to net income of $56.8 million in…
Read MoreKnife River Revenues Rise 12% in 2023 Paced by Northwest Region
Knife River Corp. announced financial results for the fourth quarter and full-year ended Dec. 31, 2023. For the three months ended Dec. 31, 2023, Knife River reported consolidated revenue of $646.9 million, a 20% increase from the prior-year period, driven by price increases across all core product lines and an extended construction season throughout its footprint.
Read MoreA New Dimension
A Small, Family-Owned Quarry Operation Is Partnering With A Large Dimensional Stone Company, And It Has Resulted In A Unique Addition To The Texas Aggregates Market. By Mark S. Kuhar Central Texas Stone & Aggregate saw a big opportunity and jumped on it. Dimensional stone giant Cold Spring – which operates a quarry on the edge of the Llano Uplift…
Read MoreThe Year in Review
As the Grateful Dead sang, “What a long, strange trip it’s been.” 2023 has been a year of surprises, excitement, progress and unexpected developments. Going into the first part of the year, I would have bet my last two-dollar bill we would see increased aggregates production in 2023. While the final numbers are not in, it is pretty apparent final…
Read MoreKnife River Reports 12% Increase in Revenue
Knife River Corp. announced financial results for the third quarter ended Sept. 30, reporting consolidated revenue of $1,090.4 million, a 12% increase from the prior-year period, led by strong results in each region and double-digit price increases across all core product lines.
Read MoreKnife River Names Van Til President of South Region
Knife River Corp. 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.
Read MoreMDU Reports Earnings; Approves Knife River Separation
MDU Resources Group Inc. reported first-quarter earnings on a generally accepted accounting principles (GAAP) basis of $38.3 million, or 19 cents per share, with adjusted earnings of $46.6 million, or 23 cents per share, compared to first quarter 2022 GAAP earnings of $31.7 million, or 16 cents per share. MDU Resources announced on Aug. 4, 2022, its intent to separate…
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