Fife Rock Products Company, Inc. Joins

Ogden, UT -- 01 April 2005 -- Staker & Parson Companies today announced the acquisition of assets from Fife Rock Products Company located in Brigham City, Utah and Ogden, Utah. Fife Rock Products provides asphalt, and ready mixed concrete.

This marks the second time a partnership between the two companies has been formed. Around 1946 both founders, Douglas J Fife and Jack B Parson, formed Parson and Fife Construction Company to provide construction services to Northern Utah. The partnership continued until 1955.

"My grandfather would be pleased to know these fine businesses have been re-united after all these years. The addition of Fife's assets with Staker & Parson Companies expands our ability to serve our ready mix and asphalt customers while continuing to provide quality sand & gravel to the Northern Utah market," said John Parson, CEO of Staker & Parson Companies. "This transition as seamless as possible for Fife customers, while continuing to provide our existing customers with excellent service and products."

The late Douglas J. Fife along with his wife, Geneva, founded Fife Rock Products in Brigham City.

"Staker and Parson Companies mission is to provide the best in quality, service and innovation. This acquisition strengthens that commitment and we are excited that our customers will experience the best in what both companies can offer," said Paul Damon, Vice President of Fife Rock Products Company.
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