Sources: MDU Resources Group, Bismarck, N.D.; CP staff
Knife River Corp. has expanded its Intermountain Region footprint by acquiring the assets of McMurry Ready-Mix Co., a concrete and aggregates supplier based in Casper, Wyo. A McMurry concrete plant on the city’s west side will serve as a satellite to a Knife River ready mixed site on the east side. With combined reserves estimated at 100 million tons, McMurray aggregate sites along Interstates 25 and 80 will operate under the Knife River Materials brand. Along with Casper, Knife River’s Intermountain operations include Cheyenne and Laramie, Wyo. sites, as well as locations throughout Montana and Idaho. The McMurray Ready-Mix assets mark Knife River’s seventh acquisition since 2018.
“We have enjoyed steady growth in central and southeastern Wyoming for 20 years, and expect this acquisition to help us support our customers for the next 20 years and well beyond,” says Knife River CEO David C. Barney. “Casper has been a good market for us. We know and respect the McMurry team, and it is great to have their employees join Knife River.”
“Knife River is having another strong year—posting higher earnings through the first nine months than any first three quarters in company history,” adds David Goodin, president of parent company MDU Resources. “Aggregates-rich acquisitions such as McMurry support our ongoing growth strategy, and we continue to pursue other growth opportunities at Knife River as well.”