LOS ANGELES, April 11, 2017 -- The Indonesian Infrastructure Partnership has awarded Morrison Knudsen a $1.2 billion contract in Kalimantan, Indonesia. The contract is for the engineering and construction of a new harbor and load out facilities for the country's expanding pulp and paper industry. Included in the work is the construction of a 600 acre load out/storage yard, 35 miles of new resource roads, 12 stationary dock cranes and a standalone power station to sustain the new harbor.
The project is a vote of confidence for the aggressively expanding pulp industry in Indonesia. After its completion it will increase the country's pulp and paper export capacity by 7 percent. Additionally it will open up close to 1200 square miles of country for further development in the mining and energy industries. The Company anticipates hiring 1200 Indonesians for the 3 year project.
ABOUT MORRISON KNUDSEN
Founded in 1912, Morrison Knudsen is a recognized world leader in heavy civil construction, energy, mining, transportation, power, defense, naval facilities, environmental cleanup and engineering. Signature projects include the Hoover Dam, the Alaska Pipeline, the Kennedy Space Center and the Grand Coulee Dam. The Company has constructed world class projects in 65 countries and is a premier construction and engineering leader.
Contact: Morrison Knudsen [email protected]


Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules
Mercedes-Benz Faces Rising Competition in China but Rejects Price War Strategy
Nomura Shares Drop After Profit Miss Despite Strong Revenue Growth
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback
Daiichi Sankyo Stock Drops After Earnings Delay and Oncology Review
Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push
European Car Sales Surge in March as EV and Hybrid Demand Accelerates
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion
Kia Cuts EV Prices in Europe as Chinese Carmakers Intensify Competition
Toyota Global Vehicle Sales Decline in March Amid RAV4 Transition and Middle East Slowdown
DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips
Why Global Web3 Projects Can't Afford to Skip South Korea: TokenPost Unveils Data-Driven Entry Solutions
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case
Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia
Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast
Organon Stock Surges After Reports of $13 Billion Buyout Bid by Sun Pharma 



