Knife River Corporation (NYSE:KNF) is looking for acquisitions. During Second Quarter Earnings Conference Call Nathan Ring Chief Financial Officer said, "Second, we also actively pursue M&A growth opportunities, focusing on aggregates led businesses in midsized high-growth markets within or adjacent to our current footprint. We currently are pursuing a number of opportunities in the pipeline that meet our disciplined criteria.

Third, we consistently review our portfolio of operations to ensure they fit our long-term strategy and EDGE initiatives. Ultimately, we look to remain financially nimble and are committed to the long-term annualized goal of approximately 2.5x net debt to EBITDA". Brian Gray President and Chief Executive Officer, "We continue to look for opportunities to go through acquisitions and refueling our aggregates operations.

So we're well on track, Brent, to get to that 15% by 2025". "However, during that time, we've been busy talking to prospective sellers. I think we are an acquirer of choice in the markets we operate in, primarily because we're a people-first company, and we take good care of our employees, our neighbors, our customers, and we have strong relationships and reputations in those markets that we operate in.

So very much I think that we are very active looking at acquisitions. I think Nathan could possibly touch on a little bit of our available funds to grow".