KNIFE RIVER

Knife River Corporation Schedules Webcast of Second Quarter 2023 Earnings Conference Call

Retrieved on: 
Tuesday, July 18, 2023
Mining, Minerals, Other Construction & Property, Manufacturing, Natural Resources, Construction & Property, Other Manufacturing, MDU Resources, NYSE, Financial result, EDT, Video game

Knife River Corporation (NYSE: KNF), 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.

Key Points: 
  • Knife River Corporation (NYSE: KNF), 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.
  • A live webcast of the call, along with presentation slides, will be available in the Investors section of the Knife River website at investors.kniferiver.com or at https://events.q4inc.com/attendee/986161993 .
  • To participate in the live conference call:

MDU Resources Announces Anticipated Board of Directors for Knife River

Retrieved on: 
Friday, April 7, 2023
Cascade Bancorp, Building material, Comfort Systems USA, Information technology, Engineering, CEMEX, Intelligence, MDU Resources, First Interstate, Sandbrook, MDU, Wood, U.S. Concrete, Form 10-K, Bank, NYSE, Management, Security (finance)

BISMARCK, N.D., April 7, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the anticipated board of directors for Knife River Holding Company, effective upon completion of the planned separation of MDU Resources' construction materials subsidiary into an independent, publicly traded company.

Key Points: 
  • BISMARCK, N.D., April 7, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the anticipated board of directors for Knife River Holding Company, effective upon completion of the planned separation of MDU Resources' construction materials subsidiary into an independent, publicly traded company.
  • These individuals are anticipated to move from MDU Resources' board of directors to Knife River's board:
    Karen B. Fagg, former vice president of DOWL HKM and former chair, CEO and majority owner of HKM Engineering Inc. Fagg is expected to chair Knife River's board.
  • "We are pleased to have the future board of directors identified for Knife River as we continue making progress toward the anticipated separation, which is expected to optimize value for shareholders," said Dennis W. Johnson, chair of the board of MDU Resources.
  • Additional information about Knife River's anticipated directors can be found on MDU Resources' website at www.mdu.com/about-us/knife-board and within the amended Form 10 registration statement for Knife River, which is available on the SEC website at www.sec.gov and on MDU Resources' website at https://investor.mdu.com/financials/sec-filings .

MDU Resources Board of Directors Names Leadership for Knife River Upon Separation

Retrieved on: 
Thursday, February 16, 2023
Central Region, Human resources, MDU Resources, MDU, Safety, NYSE, Grey, Information technology, Building material, Audit, Management

BISMARCK, N.D., Feb. 16, 2023 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE: MDU) board of directors has selected the management team who will lead Knife River Corporation, the company's construction materials subsidiary, effective upon completion of the anticipated separation of Knife River into an independent, publicly traded company.

Key Points: 
  • BISMARCK, N.D., Feb. 16, 2023 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE: MDU) board of directors has selected the management team who will lead Knife River Corporation, the company's construction materials subsidiary, effective upon completion of the anticipated separation of Knife River into an independent, publicly traded company.
  • Additionally, the board has named Knife River President Brian R. Gray to become president and CEO of Knife River, effective March 1.
  • "MDU Resources and Knife River have deep benches of talented and seasoned leaders, and we have been preparing for this succession in leadership for some time," said Dennis W. Johnson, chair of the board of MDU Resources.
  • The Knife River separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders.

MDU Resources Names Nathan Ring CFO of Knife River Corporation

Retrieved on: 
Tuesday, January 10, 2023
MDU, Building material, MDU Resources, NYSE, Nathan, CFO, Oil, Management

BISMARCK, N.D., Jan. 10, 2023 /PRNewswire/ -- 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.

Key Points: 
  • BISMARCK, N.D., Jan. 10, 2023 /PRNewswire/ -- 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.
  • MDU Resources previously announced it expects its spinoff of Knife River into an independent, publicly traded company to be complete in the second quarter of 2023.
  • "Nathan's financial acumen, leadership skills and energy have been a benefit to MDU Resources for several years, and in recent years Knife River has leveraged those talents to continue to grow through acquisitions and organically," said David L. Goodin, president and CEO of MDU Resources.
  • Ring, who is a certified public accountant, has more than 20 years of experience with Knife River and MDU Resources.

MDU Resources Announces Five-Year Capital Investment Plan

Retrieved on: 
Wednesday, November 23, 2022
Form 10-K, MISO, Building material, Capital expenditure, Media, Natural gas, HNA Infrastructure Investment Group, MDU Resources, Investment, Growth, Public expenditure, Media contacts database, Public sector, Multimedia, Sale, Inflation, Safety, Oil, Audit

MDU Resources plans to make substantial investments in its utility operations with a 27% increase in capital expenditures compared to the previous five years.

Key Points: 
  • MDU Resources plans to make substantial investments in its utility operations with a 27% increase in capital expenditures compared to the previous five years.
  • The outlined capital investment plan includes meeting service needs related to customer growth as well as replacing, expanding and modernizing infrastructure within the electric and natural gas distribution systems.
  • Acquisitions would be incremental to the company's 2023 to 2027 outlined capital investment plan.
  • For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at [email protected] .

MDU Resources Names Brian Gray President of Knife River Corporation; David Barney Remains CEO

Retrieved on: 
Thursday, November 17, 2022
Growth, Sand, Media contacts database, MDU Resources, Building material, NYSE, Multimedia, MDU, Grey, Public relations, Management, Knife River (disambiguation)

On Aug. 4, MDU Resources announced its intent to separate Knife River into an independent, publicly traded company.

Key Points: 
  • On Aug. 4, MDU Resources announced its intent to separate Knife River into an independent, publicly traded company.
  • The separation is expected to be effected as a tax-free spinoff to MDU Resources stockholders and is on track to be completed in 2023.
  • Gray has 29 years of experience with Knife River and has been president of Knife River's Northwest Region since 2012.
  • "Brian has a strategic mindset that has driven strong growth in Knife River's Northwest Region," said David L. Goodin, president and CEO of MDU Resources.

CherryRoad Media announces the launch of the Lake County Press, a weekly newspaper to be distributed in Lake County, Minnesota

Retrieved on: 
Thursday, January 27, 2022
International Falls, Minnesota, Mayo, Cook County, Illinois, Human, News, Sport, Conall Gulban, Bridge

CherryRoad Media, one of the nation's fastest growing media companies, is launching the Lake County Press, a weekly paper to be distributed on Saturdays, starting with the first edition January 29th.

Key Points: 
  • CherryRoad Media, one of the nation's fastest growing media companies, is launching the Lake County Press, a weekly paper to be distributed on Saturdays, starting with the first edition January 29th.
  • Lake County lost its newspaper in the Spring of 2020, when the Lake County News-Chronicle closed, leaving the area without a source for important local news and information.In response, members of the Lake County community approached CherryRoad about launching a new local media outlet.With a strong commitment to community journalism in Minnesota already in place, answering the call to serve Lake County was an easy decision for CherryRoad CEO Jeremy Gulban.
  • "We are excited to bring a local newspaper back to Lake County," Gulban said.
  • Leading the Lake County Press effort will be a familiar face: former Lake County News-Chronicle editor Forrest Johnson will be serving in the same capacity for the Lake County Press.He will be joined by reporter Kitty Mayo.

Knife River Receives Permit for Texas Quarry Operations

Retrieved on: 
Tuesday, March 30, 2021
Knife, Lithics, Knives

The Texas Commission on Environmental Quality has granted Knife River a New Source Review permit.

Key Points: 
  • The Texas Commission on Environmental Quality has granted Knife River a New Source Review permit.
  • The permit allows the company to add a third crusher and wash screen, increase throughput, and extend operational hours.
  • Knife River purchased this 570-acre property in 2019 and has continued to develop it.
  • With the new permit, Knife River intends to add further production facilities that will be fully operational in 2022.