KNF 📈 Knife River - Overview

Knife River Corporation is a leading provider of construction materials and contracting services in the United States, operating through multiple segments including Pacific, Northwest, Mountain, Central, and Energy Services. The company's core business involves mining, processing, and selling construction aggregates such as crushed stone, sand, and gravel, which are essential components in various construction projects. Additionally, it produces and sells asphalt and ready-mix concrete, catering to a wide range of customers across the public and private sectors.

The company's contracting services are comprehensive, encompassing heavy-civil construction, asphalt and concrete paving, as well as site development and grading. This diversified service portfolio enables Knife River Corporation to undertake complex infrastructure projects, including the development and maintenance of highways, local roads, bridges, and other public infrastructure. Its customer base is equally diverse, comprising federal, state, and municipal governments, industrial and commercial developers, residential builders, and other private entities. By supplying construction materials and providing contracting services, the company plays a vital role in supporting the construction and infrastructure development sectors in the US.

Knife River Corporation's product offerings extend beyond aggregates and contracting services, with the company also selling cement, merchandise, and other building materials. This strategic diversification allows the company to capitalize on opportunities across the construction value chain, from raw materials to finished products. Founded in 1917 and headquartered in Bismarck, North Dakota, Knife River Corporation has established itself as a significant player in the US construction industry, with a long history of delivering high-quality products and services to its customers. The company's commitment to its business segments and its ability to adapt to changing market conditions have been key factors in its enduring success.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol KNF, Knife River Corporation is subject to the scrutiny and discipline of the public markets. With its common stock (ISIN: US4988941047) classified under the GICS Sub Industry of Diversified Metals & Mining, the company is part of a broader sector that encompasses a wide range of mining and metals-related activities. Through its website, https://www.kniferiver.com, Knife River Corporation provides stakeholders with access to information about its business operations, financial performance, and governance practices, promoting transparency and accountability in its dealings.