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Stock impact report

Knife River Awarded $112 Million Project in Texas

Knife Riv Holding Co. (KNF) 
Company Research Source: Business Wire
‘Big 6’ project provides pull-through of nearly 1 million tons of construction materials BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that it has been awarded a $112 million materials and paving project in Texas.Known locally as “Big 6,” the State Highway 6 improvement project in the Bryan/College Station area started this month and is expected to be completed in 2030. A 12-mile stretch of the highway is being reconstructed and widened from four lanes to six, enhancing capacity for commuters, freight and emergency evacuation routes in this high-growth market. Knife River’s Texas operation is an asphalt and paving subcontractor to Fluor Corporation on the $671 million Texas Department of Transportation project.“State Highway 6 serves as a vital north-south artery for Bryan/College Station, Texas A&M University and Brazos County,” said Rodney McCarn, President of Knife River’s Texas operations. “We’re uniquely positioned in the market with an u Show less Read more
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