Knife River acquires Vieski Redi-Mix in Wheatland, Oregon

Knife River, an MDU Resources subsidiary, has acquired Viesko Redi-Mix to bolster its operations in Oregon and expand into the north Willamette Valley and Portland Metro markets.

MDU Resources says Viesko’s 60 team members join Knife River’s Northwest Region.

David C. Barney, president and CEO of Knife River, says: “As we continue to grow our business, we are looking for companies like Viesko: Well-run operations in growing markets where we have familiarity.”

Viesko does business as Viesko Quality Concrete and is based in Wheatland, Oregon, about 12 miles north of Salem and 40 miles southwest of Portland.

Founded in 1948, Viesko is a vertically integrated business with ready-mix plants and an aggregate operation in the US state.

Financial details of the acquisition were not disclosed. MDU Resources anticipates the acquisition will be accretive to earnings per share.

Source

 

(Visited 1 times, 1 visits today)

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.