Knife River lands US$112 M paving deal in Texas

Knife River Corporation (NYSE: KNF) has won a US$112 million contract for a major road‑improvement project in Texas. The work is part of the State Highway 6 “Big 6” upgrade in the Bryan/College Station region, where a 12‑mile stretch will be rebuilt and widened from four lanes to six. The project began this month and is slated for completion by 2030. Under the deal, Knife River — acting as an asphalt and paving subcontractor to Fluor Corporation on a broader US$671 million contract managed by the Texas Department of Transportation (TxDOT) — will supply roughly 928,000 tons of hot-mix asphalt. The scope also covers upgraded interchanges, reconfigured auxiliary lanes, and new shared paths for bicycles and pedestrians. Knife River may additionally supply sand, MSE (mechanically stabilized earth) backfill, and base course materials as needed throughout the project. Leaders of Knife River’s Texas operations say the firm is well positioned for the job thanks to a modernized asphalt plant and direct rail access to high-quality aggregates. “State Highway 6 serves as a vital north-south artery for Bryan/College Station, Texas A&M University and Brazos County,” noted company executives. The company views the project as a strong fit for its vertically integrated supply chain and as a means to provide steady employment for its local aggregates, asphalt, and paving teams in Texas. Overall, the “Big 6” project is expected to significantly improve traffic flow and capacity — benefitting daily commuters, freight transportation, and emergency routes in a fast‑growing region. For Knife River, the contract reinforces its footprint in mid-size, high-growth markets and underscores its role in publicly funded infrastructure expansion backed by TxDOT and the federal Infrastructure Investment and Jobs Act (IIJA). #Infrastructure #TexasConstruction #KnifeRiver #RoadUpgrade #SlimScan #GrowthStocks #CANSLIM