A strong infrastructure is the heart of our country's economy. 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: We believe the spinoff will create many compelling benefits, including: With a successful track record of organic and M&A-driven growth, we have built Knife River into a leading aggregates-based construction materials business. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. [8] Two additional lawsuits were filed against Loy Clark in December 2019. MDU Resources Group, Inc. All rights reserved. You must click the activation link in order to complete your subscription. It generated $169 million of EBITDA in 2021. None of the information on this page has been provided or approved by MDU Resources. Western National Group. 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. Knife River: Leading Vertically Integrated Aggregates Producer and Provider of Construction Materials and Contracting Services Focused on Organic and M&A Growth MDU Resources Group Corporate Headquarters, Office Locations and Addresses | Craft.co MDU Construction Services Group employs more than 7,500 skilled employees across the country. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. Tailored capital allocation strategies: Each company will have enhanced flexibility to deploy capital to its specific growth opportunities. Statement of Changes in Beneficial Ownership. MDU Resources has retained J.P. Morgan Securities LLC and PJT Partners as financial advisors and Wachtell, Lipton, Rosen & Katz as legal advisor for the review. These cookies track visitors across websites and collect information to provide customized ads. We provide industry leading services with a focus on safety. Here are further demographic highlights of the leadership team: The MDU Resources executive team is 29% female and 71% male. Foshay interests this property today comprises Otter Tail Power's Bemidji division), the Eastern Montana Light & Power Company, centered around Sidney and Glendive, Montana, and the Eastern Montana Utilities Co., which was based in Fairview, Montana. mdu resources inc. 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. Non-GAAP financial measures are not standardized; therefore, it may not be possible to compare such financial measures with other companies non-GAAP financial measures having the same or similar names. Zippia gives an in-depth look into the details of MDU Resources, including salaries, political affiliations, employee data, and more, in order to inform job seekers about MDU Resources. Since MDU Resources first aggregate company acquisition in 1992, weve built Knife River into a leading aggregates-based construction materials business. Careers Featured projects Our customers are as varied as our experience. Advisors MDU Resources and Knife Rivers proven management teams will be able to more directly focus resources and capital to achieve their respective strategic goals, Goodin said. Employees in the top 10 percent can make over $86,000 per year, while employees at the bottom 10 percent earn less than $31,000 per year. We expect this transaction to create significant value for our shareholders and believe it will enable us to achieve attractive shareholder returns at both companies, Goodin said. The separation will result in two independent, publicly traded and well . MDU Resources board believes Knife River is poised to benefit from significant investments at the federal and local levels in infrastructure development and upgrades. Working at MDU Resources Group, Inc.: 8 Reviews Review this company Job Title All Location United States8 reviews Ratings by category 3.4 Work-Life Balance 3.9 Pay & Benefits 3.3 Job Security & Advancement 3.4 Management 3.6 Culture Search reviews Sort by Helpfulness Rating Date Showing all 8 reviews 4.0 Job Work/Life Balance Compensation/Benefits 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. We also use third-party cookies that help us analyze and understand how you use this website. with up to 5 times the number of maximum matches per search vs. non-subscribers. Bachelors Degree in Business or Information Systems or Certification in Business Process Management, Or equivalent combination of education and/or experience, 5+ years in business process analysis or related experience, 3+ years in P&C insurance industry is preferred, Or equivalent combination of education, training, and/or experience, Excellent communication and analytical skills, particularly in providing status updates and providing information to key stakeholders on a regular basis, Work requires the ability to work independently and with minimum supervision, In-depth knowledge in Structured Query Language/Unified Modeling Language or equivalent languages, Knowledge in project management, change management, and organizational savvy, In-depth knowledge in product design, business and IT processes that support effective execution, Ability to effectively communicate business goals, strategies, and/or business problems to provide sound counsel and offer creative solutions, Strong analytical skills, ability to influence without authority, ability to build strong rapport and work collaboratively with others outside of the immediate business function, Ability to negotiate, influence, and compromise, Ability to concurrently manage multiple tasks/projects, with a strong track record of defining and meeting milestones and deadlines, Flexibility to work from anywhere in the United States for most positions, Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours), Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus), Medical, dental, vision, life, and pet insurance, 401 (k) retirement savings plan with company match, Professional and personal development opportunities, Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. company profile page along with the rest of the general data. Will shareholders of both companies receive a regular dividend post-spinoff? 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. mdu resources group inc. mdu resources group. -Jenna Lyons. Conference Call Bismarck, ND 58501-4092, 2023 MDU Construction Services Group, Inc.. All rights reserved. Rebecca Dorwart's job functions are Human Resources, Operations, Rebecca Dorwart's work email address is ***************@mdu.com, Rebecca Dorwart's LinkedIn profile can be found at, Rebecca Dorwart's work phone number (HQ) is +1 701-530-1***. The event can be accessed atwww.mdu.com. 1150 W. Century Ave. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. 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. 4. Skip to content Skip to main nav. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. 1015 1200 W. Century Ave. Bismarck, ND 58503 Email MDU Construction Services Group, Inc. Tom Nosbusch 701-530-1352 1150 W. Century Ave. Bismarck, ND 58503 Email WBI Energy, Inc. Melinda Steckler 701-530-1025 or 800-437-8000, ext. Our customers are as varied as our experience. In addition, Creates financial and strategic flexibility for each company to focus on core business opportunities. 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. We expect Knife River shares to be distributed immediately upon the completion of the spinoff transaction, which we expect to occur during 2023. 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 Exchange Commission in connection with the planned spinoff of its construction materials business, Knife River Corporation. We work underground and overhead in the transmission and distribution industry. It also distributes cement and asphalt oil. Bismarck, ND 58503, MDU Construction Services Group As of December 31, 2017, it served 142,901 residential, commercial, industrial, and municipal customers in 178 communities and adjacent rural areas. The USC Career Center is open - in person and online - as always, all of our services and resources are available to you, including advising, job and internship opportunities, programs, workshops, career fairs, and more. MDU Resources Reports Third Quarter Earnings; Knife River Has Record Quarterly Revenue. Intermountain Natural Gas Headquarters is located at 555 S. Cole Road, Boise, ID 83709. This category only includes cookies that ensures basic functionalities and security features of the website. Cascade Natural Gas Corporation Headquarters is located at 8113 West Grandridge Boulevard, Kennewick . Initially, Minnesota Northern was only in the business of selling electric power, but entered the natural gas business following its discovery of oil in 1936 in the Williston Basin in Eastern Montana. $20 Hourly. 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.". by Terry Hildestad. MDU Resources has 10,140 employees, of which 24 are in a leadership position. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Our expertise includes refinery and plant construction and maintenance, as well as automotive, renewable energy and steel facility installations and maintenance. 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. 1025 1250 W. Century Ave. Bismarck, ND 58501 Founded in 1966, ESI, Inc. is part of the MDU Resources family of companies. For more information about MDU Resources, visit the company's website at www.mdu.com. 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. Company 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. The companys management uses the non-GAAP financial measures in conjunction with GAAP results when evaluating the companys operating results internally and calculating compensation packages. What will happen to my outstanding stock? The cookies is used to store the user consent for the cookies in the category "Necessary". It has an unusually high proportion of employees who are members of the Republican Party, at 73.0%. The company's common stock began trading on the New York Stock Exchange under the ticker symbol MDU in 1948. This website uses cookies to improve your experience while you navigate through the website. This site is protected by reCAPTCHA and the Google. None of the information on this page has been provided or approved by MDU Resources. Copyright 2022 MDU Resources Group, Inc.. All rights reserved. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. These cookies will be stored in your browser only with your consent. By the 1960s it was decided that the company's headquarters should be located within its service territory, in Bismarck, the largest town on the system, and the relocation was completed in 1968. 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. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. MDU Construction Services Group, Inc. is an industry-leading specialty contractor, We may use cookies and other similar technologies (together "cookies") to offer you a better web browsing experience and analyze usage. These cookies track visitors across websites and collect information to provide customized ads. Payment Locations - Montana-Dakota Utilities Company Payment Locations Montana-Dakota Home Customer Service Payment Options Payment Locations View all Locations in a list by clicking Directions to a Payment Location can be acquired by clicking the location, then clicking - Western Union Convenience Pay locations - Drop box locations Messages will be read and responded to as soon as. Executive Summary. Bismarck, ND 58506. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Post-separation, MDU Resources intends to maintain a dividend policy consistent with its historic practice. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. We also use third-party cookies that help us analyze and understand how you use this website. It does not store any personal data. While the highest-paid employees at MDU Resources Group can earn over $92,000 a year, the lowest-paid employees earn less than . The following table provides a reconciliation of consolidated GAAP net income to EBITDA for 2021. 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. It generated $78 million of EBITDA in 2021. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The most common ethnicity at MDU Resources is White (82%). They ensure a project is completed on time and within budget. ESI, Inc. honored with industry Safety Achievement Award for outstanding injury and illness statistics On average, employees at MDU Resources stay with the company for 5.3 years. United States, North Dakota, Bismarck, Utilities, Oil & Energy, Information Technology & Services. We are sorry, but your computer or network may be sending automated queries. This cookie, set by Cloudflare, is used to support Cloudflare Bot Management. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. These cookies do not store any personal information. Knife River Corporation is now among the largest sand and gravel producing companies in the U.S. Analytical cookies are used to understand how visitors interact with the website. Primary Address. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Financial Contact:Jason Vollmer, MDU Resources vice president and chief financial officer, 701-530-1755. Shortly after passage of the Public Utility Holding Company Act of 1935 (PUHCA), Heskett reorganized all the gas and electric subsidiaries of Minnesota Northern Power under a new name Montana-Dakota Utilities. The largest donation made to a political party by an MDU Resources employee was The data presented on this page does not represent the view of MDU Resources and its employees or that of Zippia. Location United States, North Dakota, Bismarck Last Update 2021-06-04 Remove my profile . Today, from our headquarters in Bismarck, North Dakota, we have more than 16,000 employees during peak construction season operating across the country, delivering energy and providing construction materials and services. MDU Resources Group, Inc. is a U.S.-based corporation supplying products and services to regulated energy delivery and utilities related construction materials and services businesses. Our estimates are verified against BLS, Census, and current job openings data for accuracy. Despite its diversity in other areas, MDU Resources employees are noticeably lacking in political diversity. MDU Resources Group,Inc., founded in 1924, utilizes natural gas and coal mines. SEC Filings. Our services include natural gas and pipelineplacement, directional drilling, cable and duct plowing, hydroexcavation, and conduit and vault installation. [8] Ten lawsuits were filed against Loy Clark in November 2018 and two of which were by insurers who had paid out claims. How did this transaction come about? Non-GAAP Financial Measures But opting out of some of these cookies may have an effect on your browsing experience. 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. Rebecca works for Mdu Resources Group Inc. Rebecca Dorwart has been with Mdu Resources Group Inc. for 6 months and is in Lower Management, Rebecca's role is Manager: Project Manager, Human Resources Special Projects Manager. Referrals increase your chances of interviewing at Mercury Insurance by 2x. Necessary cookies are absolutely essential for the website to function properly. This cookie is set by GDPR Cookie Consent plugin. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. The combined utility business has a rate base of $2.8 billion and is expected to make $1.6 billion in capital investments over the next five years. Amazing things happen when you're having fun and doing something you love. [13], 2016 Portland gas explosion - Loy Clark lawsuits, Last edited on 24 December 2022, at 15:11, Public Utility Holding Company Act of 1935, "MDU Resources Announces 2017 Financial Results, Initiates Guidance for 2018", "MDU - Mdu Resources Group Inc Profile | Reuters", "About Loy Clark Construction - Serving the Portland Metro & Washington", "Pipeline at NW 23rd Ave. blast site was not pierced", "Oregon natural gas explosion injures eight, destroys building", "NW 23rd blast: Excavator dug on wrong side of street, caused natural gas explosion, report says", "10 lawsuits filed in aftermath of NW 23rd Ave. explosions", "Portland bagel shop owners sue pipeline company over 2016 explosion that destroyed business", "Cascade Natural Gas Corp. merger completed", "MDU Resources to Acquire Intermountain Gas Company", https://en.wikipedia.org/w/index.php?title=MDU_Resources&oldid=1129292950, This page was last edited on 24 December 2022, at 15:11.
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