This cookie is set by GDPR Cookie Consent plugin. The company's principal address . MDU Construction Services Group is comprised of 16 local operating companies employing more than 8,500 skilled workers during peak season and has been ranked the fourth largest U.S. electrical contractor. Statement of Changes in Beneficial Ownership. It is headquartered in Bismarck, North Dakota, and operates in 48 states. As it expanded across Eastern Montana and western North Dakota, it acquired the electric franchise for Miles City, Montana, after an acquisition struggle with the Montana Power Company.[3]. Annual Report. Based on our data team's research, David L. Goodin is the MDU Resources's CEO. Home - MDU Resources Group Inc. The Registered Agent on file for this company is Linda Beery and is located at 3020 Saturn Street Suite 101, Brea, CA 92821. MDU Resources Group, Inc. Marketing Contacts Contacts (5/13) Name Title State . When typing in this field, a list of search results will appear and be automatically updated as you type. MDU Resources Group, Inc. website Headquartered in Bismarck, ND, MDU Resources Group, Inc. is celebrating our 90th year of Building a Strong America with value-added natural resources products and related services that are essential to energy and transportation infrastructure. MDU Construction Services Group employs more than 7,500 skilled employees across the country. Knife River Corporation is now among the largest sand and gravel producing companies in the U.S. About Us - Montana-Dakota Utilities Company Selecting the value will change the page content. But opting out of some of these cookies may have an effect on your browsing experience. The separation will result in two independent, publicly traded and well capitalized companies, which the MDU Resources board believes will leave each positioned well for durable growth and shareholder value creation. Why isnt there a shareholder vote? Financial Contact:Jason Vollmer, MDU Resources vice president and chief financial officer, 701-530-1755. The company was founded in 1924 and is based in Bismarck, North Dakota. Help us make this company more transparent. The separation is expected to have a number of benefits for MDU Resources and Knife River stakeholders, including: MDU Resources: Regulated Utility and Infrastructure Business Focused on Building a Strong America Corporate Employee (Current Employee) - Bismarck, ND - January 17, 2014. It does not store any personal data. MDU Resources Group, Inc. | Bismarck ND - Facebook BISMARCK, N.D., Dec. 15, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) on Wednesday submitted a confidential draft registration statement on Form 10 with the U.S. Securities and . Get email updates for new Senior Process Analyst jobs in Brea, CA. The PUC faulted Loy Clark and listed the cause of the accident as Loy Clark's failure to give sufficient notifications to regulators about excavation plans. The Oregon Public Utility Commission faulted MDU subsidiary[4][5] Loy Clark for the 2016 Portland gas explosion that leveled a building, sent asbestos fragments flying, damaged numerous buildings and injured eight people. About MDU ResourcesMDU Resources Group, Inc., a member of the S&P MidCap 400 and the S&P High-Yield Dividend Aristocrats indices, is Building a Strong America by providing essential products and services through its regulated energy delivery and construction materials and services businesses. The Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, and Wyoming, as well as Idaho, Minnesota, Oregon, and Washington; and offers related value-added services. Rebecca Dorwart has 6 months experience as Human Resources Special Projects Manager. Address: 1200 W Century Ave Bismarck, ND, 58503-0911 United States See other locations Phone: Website: www.mdu.com Employees (this site): Actual Employees (all sites): Actual Revenue: $5.68 billion Actual Sales Growth: 2.67% Net Income Growth: -3.09% Assets: $8,910 Fiscal Year End: DEC Year Started: Stock Exchange: NYSE:MDU ESG ranking: You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. It also provides cathodic protection and other energy-related services. The cookie is used to store the user consent for the cookies in the category "Analytics". Communities Served North Dakota South Dakota Montana Wyoming These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. The Pipeline and Midstream segment provides natural gas transportation, underground storage, and gathering services primarily in the Rocky Mountain and northern Great Plains regions. What is the strategic rationale for spinning off Knife River? Unlike its neighboring utilities, MDU was generally not in the business of reselling energy at wholesale to other companies, with the exception of five Eastern Montana towns then served by the Mountain States Power Company. We may use cookies and other similar technologies (together "cookies") to offer you a better web browsing experience and analyze usage. [9], Cascade Natural Gas Corporation, serving parts of Oregon and Washington, was acquired by MDU Resources in 2006. Full-Time. Compelling Benefits of the Separation This website uses cookies to improve your experience while you navigate through the website. Establishes Knife River as a stand-alone, aggregates-based, vertically integrated construction materials and contracting provider. Founded in 1966, ESI, Inc. is part of the MDU Resources family of companies. MDU Resources Group, Inc. (MDU) Q4 2022 Earnings Call Transcript MDU Resources got its start in 1924 as the Minnesota Northern Power Company. Montana-Dakota Utilities Headquarters is located at 400 N. Fourth Street, Bismarck, ND 58501-4092. The separation will result in two independent, publicly traded and well-capitalized companies, which the MDU Resources board believes will leave each positioned well for durable growth and shareholder value creation. Register for your account and get started with our industry leading people contacts search engine. You can save your resume and apply to jobs in minutes on LinkedIn, Head of Sales - Clinical Screening Software Solutions & Partnerships, Ban Mu Thi 10 Moo 10, Pathum Thani, Thailand, Audio QA Checker (Suouth Levantine Arabic Speakers) in Palestine, Voice of Customer and Offering Excellence Lead , CrossLab Services Center of Excellence, Manager, Transition Management Onboarding, See who Mercury Insurance has hired for this role, Assist in process documentation/workflows and apply knowledge to analyze business and system procedures/workflow/data and recommend how they can be improved or automated, Assist in debugging production issues and performing User Acceptance Testing for Product/Rate Level changes across different platforms, Assist with implementation, training, and monitoring of product rollout, Work with cross-functional teams as the representative of the Product group. MDU Resources Group, Inc. All rights reserved. We are always looking at our business mix for opportunities to enhance shareholder value. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Dennis W. Johnson, chair of MDU Resources board, said, The board regularly assesses MDU Resources business, operations and value creation opportunities. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates. MDU Resources may also be known as or be related to MDU Resources, MDU Resources Group, MDU Resources Group Inc and MDU Resources Group, Inc. MDU Resources headquarters is in Bismarck, ND. The largest addition of electric utility territory came in 1945, when MDU purchased the Dakota Public Service Company (DPSC) from NorthWestern Public Service Company (NWPS) of Huron, South Dakota. The company was founded in 1924 as a small electric utility serving a handful of farm communities on the border of Montana and North Dakota. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Company Mdu Resources Group Inc. Spinoff of Knife River expected to unlock significant shareholder value. Tailored capital allocation strategies: Each company will have enhanced flexibility to deploy capital to its specific growth opportunities. With respect to forward-looking statements contained herein, a number of factors could cause actual outcomes to vary materially. Below youll find a list of the types of career opportunities you can find at Knife River. None of the information on this page has been provided or approved by MDU Resources. Project Managers are responsible for planning, implementing, and managing projects. It generated $78 million of EBITDA in 2021. In 1985, the corporation realigned its operations under the name MDU Resources Group, Inc. MDU Resources Jobs in March, 2023 (Hiring Now!) - Zippia Will shareholders of both companies receive a regular dividend post-spinoff? Forward-Looking StatementThe information in this release includes certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. For more information about MDU Resources, visitwww.mdu.comor contact the Investor Relations Department at[emailprotected]. These efforts demonstrate our progress and commitment to move toward our goal of creating two pure-play public companies, with one focused on regulated energy delivery and the other on construction materials.". MDU Resources Leadership: Executives and Demographics - Zippia The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. These cookies track visitors across websites and collect information to provide customized ads. MDU Resources Group headquarters and office locations - Craft -Jenna Lyons. You will love working at Western! MDU Resources generates $5.7B in revenue. About MDU Resources The Construction Services segment designs, constructs, and maintains overhead and underground electrical distribution and transmission lines, substations, external lighting, traffic signalization, and gas pipelines; electrical and communication wiring and infrastructure, and fire suppression systems; and renewable energy projects. By continuing to use this application, you consent to the use of cookies in accordance with our. Optimized capital structures: Each company will benefit from distinct capital structures and financial policies tailored to their separate business profiles and needs. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 4. Employees at Portland General Electric earn more than most of the competition, with an average yearly salary of $79,561. By continuing to use this application, you consent to the use of cookies in accordance with our, Behnken named to national Innovation Institute, General foreman puts stop the bleed training into practice, saves mans life, MDU Resources Reports Third Quarter Earnings; Board Authorizes Strategic Review for MDU Construction Services Group, MDU Construction Services Group ranks No. The largest donation made to a political party by an MDU Resources employee was Primary Address. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. Cascade Natural Gas Corporation Headquarters is located at 8113 West Grandridge Boulevard, Kennewick . United States, North Dakota, Bismarck, Utilities, Oil & Energy, Information Technology & Services. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. MDU Resources employees are most likely to be members of the republican party. MDU Resources will discuss todays separation announcement as well as its second quarter results during a webcast at 8:30 a.m. EDT Aug. 4, 2022. The company anticipates completing the strategic review in the first half of 2023. MDU Resources company charter does not require a shareholder vote to complete the transaction. [8] Ten lawsuits were filed against Loy Clark in November 2018 and two of which were by insurers who had paid out claims. MDU Construction Services Group has resources across the country to get any job done. MDU Resources is ranked #7 on the Best Companies to Work For in North Dakota list. Overall MDU Resources is a great place to work with competitive salaries, leave time and other benefits. These cookies ensure basic functionalities and security features of the website, anonymously. For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at [emailprotected]. Payment Locations - Montana-Dakota Utilities Company You also have the option to opt-out of these cookies. Bismarck, ND 58501-4092, 2023 MDU Construction Services Group, Inc.. All rights reserved. Following the planned separation, MDU Resources will remain headquartered in Bismarck, North Dakota, and continue to be the parent company for MDU Resources existing regulated electric and natural gas utilities (Cascade Natural Gas Corp., Intermountain Gas Co., Montana-Dakota Utilities Co.), natural gas pipeline business (WBI Energy, Inc.) and construction services company (MDU Construction Services Group, Inc.). Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. MDU Resources competitors include The Williams Companies, SandRidge Energy, Energy Transfer Solutions, Peabody Energy, Cenergy International Services, Kinder Morgan, Exelon, Portland General Electric, South Jersey Industries, Salt River Project, Octagon 88 Resources, DTE (Detroit Tool & Engineering), Green Mountain Power. served to you completely ad free and you will be granted access to view every profile in its entirety, even
MDU Resources Group corporate office is located in 1200 W Century Ave, Bismarck, North Dakota, 58503, United States and has 791 employees. Nonetheless, actual results may differ materially from the projected results expressed in the forward-looking statements. They ensure a project is completed on time and within budget. Knife River Separation - MDU Resources Group Inc. Given its size and scale today, the MDU Resources Board of Directors believes now is the right time to spin off Knife River to unlock additional value for both MDU Resources and Knife River. Cyber Security Intern - Career Center | University of Southern California These cookies track visitors across websites and collect information to provide customized ads. Except as required by law, the company does not undertake to update forward-looking statements, whether as a result of new information, future events or otherwise. The separation is expected to be completed in 2023. This category only includes cookies that ensures basic functionalities and security features of the website. This website uses cookies to improve your experience while you navigate through the website. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. Media Contact:Laura Lueder, MDU Resources manager of communications and public relations, 701-530-1095 Our Board of Directors regularly reviews opportunities to unlock value for our shareholders. MDU Resources Group, Inc. 4.6 Glendive, MT Jobs $76.8k-96k yearly 2d ago Software Developer Intern (2 positions) MDU Resources Group, Inc. 4.6 Bismarck, ND Jobs $17.5 hourly 4d ago 4/10 Production Assembler (1st Shift) Cenergy 4.7 Simi Valley, CA Jobs $20-22 hourly 7d ago Customer Service Representative I MDU Resources Group, Inc. 4.6 Visit the Career Advice Hub to see tips on interviewing and resume writing. MDU Resources may also be known as or be related to MDU Resources, MDU Resources Group, MDU Resources Group Inc and MDU Resources Group, Inc. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. Locations 1200 W. Century Ave. Bismarck, ND 58503, US Get directions Employees at MDU Resources Group, Inc. Steve Held Vladimir Terzic Harry Pearce Laura Lueder Manager of Communications and. Rebecca Dorwart at Mdu Resources Group Inc. It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. WBI Energy provides natural gas transportation and underground storage services through regulated pipeline systems primarily in the Rocky Mountain and northern Great Plains regions of the U.S. and provides non-regulated cathodic protection and other energy-related services. MDU Resources Group is traded on the New York Stock Exchange as "MDU." For more information about MDU Resources, visit the company's website at www.mdu.com. We provide industry leading services with a focus on safety. The most common ethnicity at MDU Resources is White (82%). You can unsubscribe from these emails at any time. On average, employees at MDU Resources stay with the company for 5.3 years. Necessary cookies are absolutely essential for the website to function properly. Join an amazing team that is consistently recognized for our achievements and culture, including our most recent Forbes award of being one of America's Best Midsize Employers for 2023! How did this transaction come about? Knife River, which provides construction materials and contracting services throughout the western, central and southern United States, also will remain headquartered in Bismarck. Since its first aggregate company acquisition in 1992, MDU Resources has built Knife River into a leading aggregates-based construction materials business. Knife River generated $293 million of EBITDA in 2021. Although MDU Resources believes that its expectations are based on reasonable assumptions, current expectations involve a number of risks and uncertainties. [7] Additionally, OSHA cited and fined Loy Clark for safety violations as a result of this incident. But opting out of some of these cookies may affect your browsing experience. MDU Construction Services Group provides a full spectrum of construction solutions, from underground utilities and excavation to electrical, mechanical and fire suppression systems as well as transmission and distribution line construction. For more information about MDU Resources, visit the company's website at www.mdu.com. The company strongly encourages investors to review the consolidated financial statements in their entirety and to not rely on any single financial measure. What approvals are required? Click the link in the email we sent to to verify your email address and activate your job alert. A strong infrastructure is the heart of our country's economy. Cenergy International Services Employment, Basin Electric Power Cooperative Employment, CrossCountry Freight Solutions Employment, Heavy Equipment Operator MDU Resources Jobs, Apprentice Electrician MDU Resources Jobs. With integrity, create superior shareholder value by expanding upon our expertise to be the supplier of choice in all of our markets while being a safe and great place to work. MDU Resources Group,Inc., founded in 1924, utilizes natural gas and coal mines. The MDU Resources board believes Knife River is ready to continue its success as a stand-alone public company and take full advantage of anticipated work resulting from federal infrastructure funding. The employees at The Williams Companies earn an average yearly salary of $72,686 per year, and the salaries at Peabody Energy average $70,107 per year. The following table provides a reconciliation of consolidated GAAP net income to EBITDA for 2021. COMMERCIAL RESOURCES TAX GROUP, INC. is a California Stock Corporation - Ca - General filed on April 1, 1997. How will this impact MDU Resources current quarterly dividend? MDU Resources employees are most likely to be members of the Republican Party. We are proud of the strong businesses we have built and are confident now is the right time to take this step to best serve our customers, employees, communities and shareholders.. This cookie is set by GDPR Cookie Consent plugin. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. We expect Knife River shares to be distributed immediately upon the completion of the spinoff transaction, which we expect to occur during 2023. After the end of the lawsuit, MDU refocused on the growing demand for electricity and gas within its newly expanded territory and the necessary system improvements. This category only includes cookies that ensures basic functionalities and security features of the website. MDU Construction Services Group employs more than 7,500 skilled employees across the country. 1200 West Century Avenue. Help other job seekers by rating MDU Resources. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. For more information, visitwww.kniferiver.com. Average MDU Resources Group Salary: By Location, Job Title - Zippia MDU Resources Group: Employee Directory | ZoomInfo.com This site is protected by reCAPTCHA and the Google. Throughout this news release, MDU Resources presents financial information prepared in accordance with GAAP, as well as Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA), which is considered a non-GAAP financial measure. Knife River produces and delivers aggregates and markets crushed stone, sand, gravel and related construction materials, including ready-mix concrete, asphalt and other value-added products.