Strategies for Sustainable Growth and Resilience
Tailwinds and Expected EDGE Drivers by Region
32.2%
PACIFIC
2022 Revenue Mix1
16.2%
O
22.8%
6.3%
22.5%
Strong economic tailwinds:
Aggregates
Ready Mix
Asphalt
Contracting Services
Other
■ Rebound in tourism to pre-COVID levels in Hawaii and
increased military spending
■ Rebound in DOT, local municipality, and port spending in
California
Large airport and dam projects in Alaska
EDGE - Key Expected Drivers:
Execute mining improvements and operational efficiencies
in 1 of only 3 large quarries in Oahu, Hawaii and Southern
California
Increase strategically located aggregate reserves
throughout the region
Implement best practices and operating expertise from
Northwest prestress operations in Alaska
56.5%
MOUNTAIN
2022 Revenue Mix¹
12.8%
O
16.4%
Aggregates
Ready Mix
Asphalt
Contracting Services
14.3%
Other
Strong economic tailwinds:
■ Idaho is one of the top 2 fastest growing states with
population increase of 23% since 2010
■ Treasure Valley seeing significant infrastructure project
growth
Bozeman has grown 94% since 2000
Housing demand remain strong in western Montana
EDGE - Key Expected Drivers:
Capitalize on being one of few vertically integrated
contractors with full upstream capabilities and synergies
Continue to execute on disciplined bid strategy with record
backlog allowing for greater selectivity
■ Focus of PIT crews on aggregate production facilities
■ Execute on record backlog seeking opportunity to increase
margins throughout and exceeding quality requirements
that result in job bonuses
Note: Pie chart numbers are rounded and may not sum to 100%. Other includes merchandise, transportation services and other products that individually are not considered to be a major line of
business for the segment. 1 Reflects gross revenue breakdown by materials, contracting services and other.
KNIFE RIVER
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