Knife River Corporation
- Company typePublic
- Founded1917
- HeadquartersBismarck, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
Knife River Corporation firmographics
Firmographics- Name
- Knife River Corporation
- Legal name
- Knife River Corporation
- Website
- https://kniferiver.com
- Company type
- Public
- Founded year
- 1917
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Knife River Corporation industry classification
Industry- Product category
- Construction Materials and Contracting
- NAICS
- Concrete Pipe, Brick, and Block Manufacturing (32733), Poured Concrete Foundation and Structure Contractors (23811), Other Concrete Product Manufacturing (32739)
- SIC
- Concrete Products, Except Block & Brick (3272)
- akta.pro primary industry
- Construction Aggregates Mining & Processing (Sand, Gravel, Crushed Stone) (IMADAAAI)
- akta.pro secondary industries
- Aggregate Processing & Value-Added Products (Washing, Screening, Asphalt/Concrete Aggregates) (IMAKAHAH), Concrete Pipe, Box Culverts & Drainage Structures (IMADAAAD), Rock Excavation, Blasting & Quarry-Assist Works (IMAFAKAE)
Keywords
Where Knife River Corporation is headquartered
LocationHeadquarters
- HQ city
- Bismarck
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Knife River Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Construction Materials Sales: Sale of construction materials including aggregates (stone, sand, gravel), asphalt, and ready-mix concrete to public and private sector customers. This is the primary revenue driver, with volumes and pricing as key growth levers.
- Construction Contracting Services: Heavy civil construction services including highway construction, site development, underground utilities, railroad, and marine construction. Revenue recognized on project completion basis with backlog tracked as forward indicator.
- Specialty Products: Specialty products including precast/prestressed concrete (Knife River Prestress), liquid asphalt (Jebro Inc., Pacific Northwest Oil), cement (Hawaiian Cement), marine construction (Connolly Pacific), and railroad services (Rail to Road).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based / custom quoting |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Knife River Corporation product offering
Product offeringCore offering
Knife River Corporation produces and sells construction materials including aggregates (stone, sand, gravel from mines with 1+ billion tons of reserves), asphalt (from 50+ plants across the western U.S.), and ready-mix concrete. The company also provides heavy-civil construction contracting services spanning highways, airports, bridges, site development, underground utilities, marine, and railroad construction. Specialty subsidiaries extend the portfolio into precast/prestressed concrete, liquid asphalt, cement, and marine and railroad services.
Product overview
Knife River Corporation is a construction materials and contracting services company offering a vertically integrated portfolio of products and services. The core offering includes Aggregates (stone, sand, gravel), Asphalt (production and paving from 50+ plants), Ready-Mix Concrete, and Construction Services (heavy-civil construction including highways, site development, and underground utilities). The company also operates specialty subsidiaries including Knife River Prestress (precast/prestressed concrete), Jebro Inc. (liquid asphalt), Hawaiian Cement, Railroad Services, and Marine Construction. Additionally, the company provides a Product Calculator tool for estimating material quantities. The company operates across 15 states in the western, central, and southern United States with over 5,700 employees and has completed nearly 100 acquisitions since 1992.
Differentiator
Problem solved
Functional benefit
Products and services
- Aggregates Construction aggregates including crushed stone, sand, and gravel that form the foundation of infrastructure projects. Knife River's aggregate operations provide local sources of high-quality materials for private and public construction projects, supported by 1+ billion tons of rock reserves.
- Asphalt Asphalt production and paving services used to create roads, driveways, and parking lots with smooth, durable surfaces. Knife River produces and delivers asphalt from 50 plants across the western United States, including portable plants that support highway projects.
- Ready-Mix Concrete Ready-mix concrete production and delivery services. Concrete is described as the most-used building material on the planet, versatile and durable for various construction applications. Knife River produces and delivers high-quality ready-mix in all its markets across 15 states.
- Construction Services Heavy-civil construction services including demolition, clearing, grading, excavating, and site development. Services span highway construction, site development, underground utilities, railroad, and marine construction for government and private-sector clients.
- Knife River Prestress (Precast Concrete) Precast and prestressed concrete products and services providing building solutions throughout Oregon, Washington, Idaho, and Alaska. Includes design, drafting, fabrication, transportation, and erection of precast components such as cladding panels.
- Jebro Inc. (Liquid Asphalt) Liquid asphalt products and services provided through Jebro Inc., operating in markets across the western United States.
- Hawaiian Cement Cement products and services offered through Hawaiian Cement, serving markets in Hawaii.
- Railroad Services (Rail to Road) Railroad-related services provided through Rail to Road, supporting transportation logistics for construction materials.
- Marine Construction (Connolly Pacific) Marine construction services provided through Connolly Pacific, supporting coastal and water-based construction projects.
- Product Calculator Online calculator tool allowing customers to estimate material quantities for aggregates, asphalt, and ready-mixed concrete projects based on project dimensions.
Quantifiable outcome
- Revenue grew 15% year-over-year to $755.1 million in Q4 2025, and 9% to $3.15 billion for full-year 2025.
- +5 more outcomes
Companies that use Knife River Corporation
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Knife River Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Knife River Corporation partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered major and minor.
- Fluor CorporationmajorKnife River serves as the asphalt and paving subcontractor on Fluor Corporation's $671 million Texas Department of Transportation project to improve State Highway 6 in the Bryan/College Station area. Knife River's portion is valued at $112 million, involving approximately 928,000 tons of hot-mix asphalt to reconstruct and widen a 12-mile stretch from four to six lanes. The project is publicly funded and backed by the Infrastructure Investment and Jobs Act (IIJA).
- Gonzaga UniversityminorKnife River invested $120,000 to fund a Material Testing System and support Gonzaga's Structural High Bay Laboratory as part of a partnership to advance engineering education and strengthen Spokane's role in construction and materials research.
- Martel ConstructionminorKnife River partnered with Martel Construction on the Missoula Montana Airport terminal construction project, handling demolition, excavation, infrastructure installation, road construction, and parking lot reconstruction. Martel served as the primary general contractor on this $67 million airport terminal project.
- Adroit ConstructionminorKnife River worked as a concrete supplier with general contractor Adroit Construction on the Heimann Cancer Center project in Medford, Oregon. Knife River provided 4,500 cubic yards of ready-mix concrete including specialized 3-foot-thick wall and roof pours.
- Holland Partner GroupminorKnife River partnered with Holland Partner Group to provide precast design, drafting, fabrication, transportation and erection for the Block 10 project in Vancouver, Washington, involving 165 solid precast cladding panels with embedded thin brick.
Scale indicators12 records
Recent moves7 records
Expansion highlights6 records
Knife River Corporation competitors and assessment
Company assessmentDirect peers
- Martin Marietta Materials: Vertically integrated aggregates, ready-mix, and asphalt producer with overlapping US footprint. Among the largest pure-play aggregates operators and a direct competitor in construction materials supply with similar vertical integration strategy.
- Vulcan Materials: Largest US producer of construction aggregates, with ready-mix and asphalt operations. Direct competitor in aggregates with national scale; comparable business model focused on aggregates-led vertical integration.
- Summit Materials: Vertically integrated construction materials company producing aggregates, ready-mix concrete, and asphalt. Similar size, business mix, and growth strategy through both organic and acquisition-driven expansion.
- Granite Construction: Heavy civil construction contractor with vertically integrated aggregates and asphalt production. Most direct peer on the heavy civil contracting side, with similar exposure to public infrastructure spending.
- Eagle Materials: Producer of cement, wallboard, and concrete products including aggregates. Comparable construction materials business model with focus on heavy-side building products serving similar end markets.
- Sterling Infrastructure: Infrastructure construction services company with e-infrastructure, transportation, and building solutions segments. Comparable specialty contractor with infrastructure exposure, though lighter on materials production.
Broad incumbents
- CRH plc: Global leader in building materials including aggregates, cement, ready-mix, and asphalt. Much larger incumbent with broader geographic reach; provides scale benchmark for the vertically integrated model.
- Holcim Ltd: Global construction materials giant with significant aggregates, ready-mix, and cement operations. Larger incumbent providing competitive context for vertically integrated materials businesses.
Regional players
- Teichert Inc. Private, family-owned construction materials and civil contractor based in California. Competes with Knife River in the western US aggregates and heavy civil markets with comparable vertically integrated model.
Emerging players
- Quanta Services: Infrastructure services company focused on electric, gas, and telecom utility construction. Adjacent infrastructure exposure but a different specialty; illustrates broader public-sector infrastructure opportunity set.
Market position
Strengths3 records
Weaknesses1 record
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Knife River Corporation social profiles
Digital presenceKnife River Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Knife River Corporation leadership team
Management profileNumber of profiles
Profiles5 records
Knife River Corporation subsidiaries and ownership
Company hierarchySubsidiaries11 records
Knife River Corporation funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Knife River Corporation M&A and investment
M&A and investmentM&A7 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Knife River Corporation
What does Knife River Corporation do?
Knife River Corporation produces and sells construction materials including aggregates (stone, sand, gravel from mines with 1+ billion tons of reserves), asphalt (from 50+ plants across the western U.S.), and ready-mix concrete. The company also provides heavy-civil construction contracting services spanning highways, airports, bridges, site development, underground utilities, marine, and railroad construction. Specialty subsidiaries extend the portfolio into precast/prestressed concrete, liquid asphalt, cement, and marine and railroad services.
Is Knife River Corporation a public or private company?
Knife River Corporation is a public company. It is classified as public and is currently operating.
When was Knife River Corporation founded?
Knife River Corporation was founded in 1917. It employs 5,001 to 10,000 people.
Where is Knife River Corporation based?
Knife River Corporation is headquartered in Bismarck, United States, in the North America region.
How does Knife River Corporation make money?
Three revenue lines are on record. Construction Materials Sales are the primary driver. The others are construction Contracting Services and specialty Products.
Who are Knife River Corporation's main competitors?
Direct peers on record are Martin Marietta Materials, Vulcan Materials, Summit Materials, Granite Construction, Eagle Materials and Sterling Infrastructure. Broad incumbents are CRH plc and Holcim Ltd. Teichert Inc. is listed as a regional player. Quanta Services is listed as an emerging player.
Does Knife River Corporation have an API?
No public API is recorded for Knife River Corporation.
What industry is Knife River Corporation in?
Knife River Corporation's product category is Construction Materials and Contracting. Its primary akta.pro industry code is IMADAAAI, Construction Aggregates Mining & Processing (Sand, Gravel, Crushed Stone), with a secondary code of IMAKAHAH, Aggregate Processing & Value-Added Products (Washing, Screening, Asphalt/Concrete Aggregates). Its NAICS code is 32733 and its SIC code is 3272.