The operations for Oregon-based Teevin & Fischer Quarry (T&F) has been acquired by MDU Resources (MDU) and will be integrated into the company's subsidiary Knife Rover. MDU expects the addition to be accretive to 2018 earnings per share.
David C. Barney, Knife River president and chief executive officer, described the transaction as a strategic fit which also signals the company’s growth.
T&F provides crushed rock and gravel to construction and retail clients in the Clatsop County area.
