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Stock impact report

MDU Resources acquires assets of Molalla Redi-Mix and Rock Products, Inc. [Seeking Alpha]

MDU Resources Group, Inc. (Holding Company) (MDU) 
Last mdu resources group, inc. (holding company) earnings: 7/30 04:25 pm Check Earnings Report
US:NYSE Investor Relations: investor.mdu.com/investor-relations
Company Research Source: Seeking Alpha
MDU Resources acquires assets of Molalla Redi-Mix and Rock Products, Inc.MDU Resources Group (NYSE:MDU) hasacquired the operations of Molalla Redi-Mix and Rock Products, Inc. for an undisclosed term.Molalla Redi-Mix will become part of Knife River Corporation, the construction materials subsidiary of MDU Resources.The acquisition will be accretive to 2018 earnings per share."Molalla Redi-Mix is a good addition to our Oregon operations, and gives us more flexibility to serve customers southeast of Portland," said David C. Barney, Knife River president and CEO. "We are excited to bring in new team members and to continue to grow our business. This is our third acquisition this year, and we look forward to completing more deals throughout our service territory."Click to subscribe to real-time analytics on MDUNow read:Valuation Dashboard: Utilities - Update »Subscribefor full text news in your inbox Show less Read more
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