Knife River outlines $454M Strata Corp. deal

Sources: Knife River Corp., Bismarck, N.D.; CP staff Knife River has entered into a definitive agreement to acquire Strata Corp., a Grand Forks, N.D. independent with 28 ready mixed concrete and three asphalt plants, plus 75 aggregates sites, extensive reserves and related rail assets. Valued at $454 million and projected to close by mid-year, the transaction will mark Knife River’s…

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