# Knife River acquires Sweetman Construction Co. / Concrete Materials Co.

MDU Resources' subsidiary Knife River Corp. closed the acquisition of Sweetman Construction Co., which operates as Concrete Materials Co., an integrated ready mixed, aggregates and asphalt producer in Sioux Falls, South Dakota. The company and its 260 employees join Knife River's North Central Region.

- Type: Acquisition
- Announced: 2018-10-08
- Where: Sioux Falls, South Dakota, United States
- Jobs: 260
- Status: completed
- Capacity: 55 million tons of reserves
- Products: ready mixed concrete, aggregates, asphalt
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Sweetman Construction Co.](https://endata.com/companies/23437.md) (target)
- [MDU Resources](https://endata.com/companies/31516.md) (partner)
- [Knife River Corp.](https://endata.com/companies/31517.md) (acquirer)
- [Concrete Materials Co.](https://endata.com/companies/34737.md) (target)

## Sources

- [concreteproducts.com](https://concreteproducts.com/index.php/2018/10/08/knife-river-adds-south-dakota-s-sweetman-concrete-materials/), 2018-10-08: "Sweetman has been a key player in the area for nearly 90 years. Its team members’ relationships and expertise are important as we look to continue to provide great service throughout the region."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.