What company did Knife River buy?
Knife River Corporation, a prominent U.S. construction materials and aggregates producer, completed a major strategic acquisition by purchasing Strata Corporation, a leading construction materials and contracting services provider operating across North America. Valued at $454 million, this acquisition added extensive aggregate reserves, ready-mix concrete plants, asphalt operations, and specialized transportation assets, significantly expanding Knife River's footprint and operational efficiencies across the Central region.
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Knife River Corporation, a leading American construction materials and heavy contracting enterprise specializing in aggregates, ready-mix concrete, asphalt, and paving services, has its primary corporate headquarters located in Bismarck, North Dakota...
Knife River Corporation holds robust growth prospects as a premier North American construction materials and heavy-construction services provider, specializing in aggregates, asphalt, and ready-mix concrete.
Knife River Corporation commands a corporate market capitalization of approximately $4.43 billion USD.
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Knife River Corporation operates as a fully independent, publicly traded enterprise following its successful corporate spin-off. Its common shares are listed and actively traded on the New York Stock Exchange under the ticker symbol KNF.
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