Knife River Partners With National Association of Minority Contractors on Training Scholarships

PORTLAND, Ore. — Feb. 15, 2023 — Knife River Corporation announced today that it has partnered with the Oregon Chapter of the National Association of Minority Contractors (NAMC-Oregon) to provide $250,000 in training scholarships for historically underrepresented groups.   The scholarships can be used for individuals to take classes at the Knife River Training Center […]

MDU Resources Names Nathan Ring CFO of Knife River Corporation

BISMARCK, N.D. — Jan. 10, 2023 — MDU Resources Group, Inc. (NYSE: MDU) announced today that Nathan W. Ring has been named chief financial officer of the company’s wholly owned construction materials subsidiary, Knife River Corporation, effective upon completion of the planned separation of Knife River. Ring currently is vice president of business development at […]

MDU Resources Announces Plan to Separate Knife River, Creating Two Focused, Independent Publicly Traded Companies

Spinoff of Knife River expected to unlock significant shareholder value. Creates financial and strategic flexibility for each company to focus on core business opportunities. Establishes Knife River as a stand-alone, aggregates-based, vertically integrated construction materials and contracting provider. Enhances MDU Resources’ strategic focus on regulated utilities, natural gas pipelines and related infrastructure services. MDU Resources […]