They have been merged into Knife River Corp., the construction materials and mining subsidiary of MDU Resources, which is based in Bismarck, ND. Financial details of the merger were not disclosed.
Roverud Construction was a privately held aggregate mining and production company with headquarters in Spring Grove, MN. It owns and mines aggregate reserves in southeastern Minnesota and northeastern Iowa, and supplies sand, gravel and limestone to commercial, agricultural and residential customers.
Fred Carlson Co., a privately held ready-mixed concrete producer and concrete and asphalt paving company with headquarters in Decorah, IA, performs concrete paving throughout Iowa and in surrounding states. It also operates seven ready-mixed concrete plants serving communities in northeast Iowa and southeast Minnesota and one asphalt plant in Decorah, IA.
"These companies are a good fit with Knife River's long-standing tradition of supplying high-quality products and services to our customers for more than 80 years," says Terry Hildestad, president and CEO of Knife River Corp.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
