Source: MDU Resources Group, Bismarck, N.D. The MDU Resources Board has named Brian Gray as president of construction materials subsidiary Knife River Corp., where 36-year veteran David Barney remains chief executive officer. With a Knife River tenure just shy of 30 years, Gray has headed the producer’s Northwest Region for a decade and overseen seven bolt-on acquisitions since 2018, most…
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MDU Resources Board sets 2023 Knife River Corp. spin off
Sources: MDU Resources Group, Bismarck, N.D.; CP staff MDU Directors have unanimously approved a plan to separate the Knife River Corp. construction materials business from the namesake power utility and related construction services flagship, both maintaining North Dakota headquarters. Knife River has 1 billion-plus tons of aggregate reserves, 110 ready mixed concrete and 50 asphalt plants, plus 410,000 tons of…
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