BISMARCK, N.D., Oct. 16, 2017 /PRNewswire/ -- Knife River
Corporation today announced that Nathan W.
Ring has been hired as vice president of business
development and operations support, where he will spearhead the
company's ongoing growth efforts. He will start his new position
Nov. 1.
Ring has 15 years of industry experience, having previously
worked for Knife River as controller of the company's Pacific
Region, and then as controller for sister company MDU Construction
Services Group. In 2014, he was promoted to vice president,
controller and chief accounting officer for MDU Resources Group,
Knife River's parent company. Since 2016, Ring has been chief
financial officer at a regional bank headquartered in Bismarck.
"We are actively pursuing growth opportunities in all of our
markets, and Nathan is the right person to lead that charge for
us," said Dave Barney, Knife River
President and CEO. "He knows our company, our customers and our
markets. He has the financial background, the accounting
background, experience in the field and great communication skills.
I'm excited to grow our company and to have Nathan back on our
team."
Ring holds a bachelor's degree in accountancy from the
University of North Dakota, and is a
certified public accountant. He and his wife, Kathryn, live in
Bismarck with their three
children.
"I'm looking forward to coming home to Knife River, and to
working with our team to grow our business," Ring said. "We have a
very successful history of mergers and acquisitions, and some
strategic opportunities in our markets right now."
Knife River Corporation mines aggregates and markets crushed
stone, sand, gravel and related construction materials, including
ready-mix concrete, cement, asphalt, liquid asphalt and other
value-added products. It also performs integrated construction
services. For more information about Knife River, visit the
company's website at www.kniferiver.com.
Forward-Looking Statements
The information in this
release includes certain forward-looking statements, including
statements by the president and CEO of Knife River Corporation,
within the meaning of Section 21E of the Securities Exchange Act of
1934. Although the company believes its expectations are based on
reasonable assumptions, actual results may differ materially. For a
discussion of important factors that could cause actual results to
differ materially from those expressed in the forward-looking
statements, refer to Item 1A – Risk Factors in MDU Resources' most
recent Form 10-K and Form 10-Q at www.mdu.com.
Media
contact:
|
Tony Spilde,
senior public relations representative
|
|
(701)
530-1061
|
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SOURCE Knife River Corporation