Sources: Clark Pacific, West Sacramento, Calif.; CP staff
Already a major player in West Coast architectural and structural precast solutions, Clark Pacific has closed on the California assets of Hanson Structural Precast, including a flagship plant in Irwindale and 80-acre industrial-zoned site in Adelanto.
Sources: MDU Resources Group, Bismarck, N.D.; CP staff
Terry D. Hildestad will retire in early January as MDU Resources president and chief executive officer—a post he has held since 2006—and cap a 38-year career that began with the company’s Knife River Corp. subsidiary. Following his 1991 appointment as president, he oversaw Knife River’s expansion in aggregates, ready mixed concrete and road-building businesses, from the Dakotas to the West Coast and to Iowa and Texas. Construction materials emerged as a complimentary business to parent company MDU’s core utility and energy operations.