Overall MDU Resources is a great place to work with competitive salaries, leave time and other benefits. 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 . It does not store any personal data. 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 also performs integrated contracting services for most types of aggregate-related construction, including roads, freeways, bridges, residential properties, schools, shopping centers, office buildings and industrial parks. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates. Full-Time. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. Employee Directory. Post-spinoff, MDU Resources intends to maintain a policy consistent with its historic practices. 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. It has an unusually high proportion of employees who are members of the Republican Party, at 73.0%. 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. To protect our site, we cannot process your request right now. They ensure a project is completed on time and within budget. These cookies will be stored in your browser only with your consent. We work underground and overhead in the transmission and distribution industry. Your entire office will be able to use your search subscription. The average employee at MDU Resources makes $52,489 per year. "With the substantial progress we have made, we are expecting the spinoff of Knife River to be complete in the second quarter of 2023," said David L. Goodin, president and CEO of MDU Resources. It is mandatory to procure user consent prior to running these cookies on your website. Rebecca Dorwart has 6 months experience as Human Resources Special Projects Manager. Posted: January 31, 2023. Advisors The staff at MDU Resources come from unusually diverse demographic backgrounds. 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 The companys utilities provide affordable and reliable electric and natural gas service to 1.2 million customers across eight states. For more information about MDU Resources, visit the company's website at www.mdu.com. On Nov. 3, MDU Resources announced it was undertaking a strategic review of its construction services business, MDU Construction Services Group, Inc. The average employee at MDU Resources makes $52,489 per year. By continuing to use this application, you consent to the use of cookies in accordance with our. 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. This site is protected by reCAPTCHA and the Google. Cenergy International Services Employment, Basin Electric Power Cooperative Employment, CrossCountry Freight Solutions Employment, Heavy Equipment Operator MDU Resources Jobs, Apprentice Electrician MDU Resources Jobs. We build complex, diverse projects for our customers and were always looking for team members to contribute to our success. Some of Rebecca Dorwart's colleagues are Mark Haag, Korey Fried, Eric Hope, Ben Morrison, Amanda Kadrmas, Ron Kutzler, Sheri Berogan, Christy Dirk-senn. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. 4. Mahmoud Siddig, Joele Frank, Wilkinson Brimmer Katcher, 212-355-4449 Company Mdu Resources Group Inc. 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. The Company's Electric segment generates, transmits, and distributes electricity. You can sign up for additional alert options at any time. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US. 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. 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.". These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. MDU Resources expects the spinoff of Knife River will be complete in the second quarter of 2023. MDU Resources company charter does not require a shareholder vote to complete the transaction. The company believes these non-GAAP financial measures are useful to investors by providing meaningful information about operational efficiency compared to the companys peers by excluding the impacts of differences in tax jurisdictions and structures, debt levels and capital investment. Fax: 701-323-3104. DPSC served a total of 91 towns in west-central North Dakota originally served by the Hughes Electric Company/North Dakota Power & Light Company (NDP&L) and south-central North Dakota/north-central South Dakota originally served by the Northern Power & Light Company (NP&L). MDU Resources is a Fortune 1000 company with operations, customers and employees across the country. For more information about MDU Resources, visit the company's website at www.mdu.com. 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. Its founder, Rolland Heskett, had previously been involved with utilities in Wisconsin and northeast Minnesota (the forerunners of Wisconsin Public Service Corporation and Minnesota Power (& Light Co.), respectively). 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.. Knife River has a successful track record of growth. We may use cookies and other similar technologies (together "cookies") to offer you a better web browsing experience and analyze usage. We are taking an important step to significantly enhance the value inherent in our businesses by creating two focused, independent publicly traded companies, said David L. Goodin, president and CEO of MDU Resources. Brea, CA. This category only includes cookies that ensures basic functionalities and security features of the website. MDU Resources has great employee retention with staff members usually staying with the company for 5.3 years. These cookies will be stored in your browser only with your consent. 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 . These cookies will be stored in your browser only with your consent. It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. 1150 W. Century Ave. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. We're dedicated to providing environmentally friendly and energy-efficient solutions that meet our clients technology and power requirements. 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. Project Manager at Mdu Resources Group Inc. Project Managers are responsible for planning, implementing, and managing projects. Will shareholders of both companies receive a regular dividend post-spinoff? Knife River: Leading Vertically Integrated Aggregates Producer and Provider of Construction Materials and Contracting Services Focused on Organic and M&A Growth Claiming and updating your company profile on Zippia is free and easy. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. This cookie, set by Cloudflare, is used to support Cloudflare Bot Management. Bismarck, ND 58506. Early history[ edit] The cookie is used to store the user consent for the cookies in the category "Analytics". 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 company's filing status is listed as Active and its File Number is 1981716. You will love working at Western! The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. What approvals are required? I am an MDU Resources shareholder. 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. In 2001, Knife River sold its remaining coal-mining interests. MDU Resources Locations Bismarck, ND HQ Hiring Albany, OR Beaumont, TX Belgrade, MT Bemidji, MN Bend, OR Billings, MT Hiring Bremerton, WA Bryan, TX Burleson, TX Casper, WY Central Point, OR 1025 1250 W. Century Ave. Bismarck, ND 58501 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. Support Product Field and Product Research & Development on Rule and Underwriting Guideline analysis and recommendations for both current features and offerings, and those that will be developed in the future. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. Nonetheless, actual results may differ materially from the projected results expressed in the forward-looking statements. You must click the activation link in order to complete your subscription. Following a thorough assessment, the board determined that a spinoff of Knife River Corporation is the best path forward to maximize value for all stakeholders. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. 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. 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. With the spinoff, it is expected that MDU Resources shareholders will retain their current shares of MDU Resources stock and receive a pro rata distribution of shares of Knife River stock in a transaction that is expected to be tax free to MDU Resources and its shareholders for U.S. federal income tax purposes. [12] Knife River Corporation provides construction materials and contracting services, including aggregate, asphalt, building materials, cement, construction services, liquid asphalt, and ready-mix concrete in 17 states. Guests; Log in; Career Center. In just the past four years, it has completed 12 acquisitions and increased revenues 23%. Our services include natural gas and pipelineplacement, directional drilling, cable and duct plowing, hydroexcavation, and conduit and vault installation. 67% of the management team is White. Updates will be provided as the company moves toward completing the spinoff. 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. Customer Service: 7:30 A.M. - 6:30 P.M. | Monday through Friday. The cookies is used to store the user consent for the cookies in the category "Necessary". Necessary cookies are absolutely essential for the website to function properly. Conference Call 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. In 1997, MDU Resources started its utility services division, which over the years has expanded its construction services offerings and become the MDU Construction Services Group segment. It generated $169 million of EBITDA in 2021. 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. Loading. Compelling Benefits of the Separation 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. These cookies do not store any personal information. Non-GAAP Financial Measures mdu resources group inc. mdu resources group. The Natural Gas Distribution segment distributes natural gas and offers related value-added services. This is a growing company where the executive leadership really focuses on a work/life balance. 10-K. Jan 2004 - Mar 201511 years 3 months. 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. 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 Have you worked at MDU Resources? The Pipeline and Midstream segment provides natural gas transportation, underground storage, and gathering services primarily in the Rocky Mountain and northern Great Plains regions. 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.). This cookie is set by GDPR Cookie Consent plugin. Establishes Knife River as a stand-alone, aggregates-based, vertically integrated construction materials and contracting provider. It generated $78 million of EBITDA in 2021. The cookie is used to store the user consent for the cookies in the category "Other. 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. MDU Resources generates $5.7B in revenue. The forward-looking statements contained in this release, including statements about MDU Resources' goal to create two pure-play public companies, its planned separation of Knife River Corporation and its strategic review of MDU Construction Services Group, are expressed in good faith and are believed by the company to have a reasonable basis. We have built Knife River into a leading construction materials business and believe now is the right time to spin it off to unlock additional value for both MDU Resources and Knife River. 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. They ensure a project is completed on time and within budget. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Media Contact:Laura Lueder, MDU Resources manager of communications and public relations, 701-530-1095 Knife River generated $293 million of EBITDA in 2021. Post-separation, MDU Resources intends to maintain a dividend policy consistent with its historic practice. Main Telephone (866) 760-4852. Based on our data team's research, David L. Goodin is the MDU Resources's CEO. We are sorry, but your computer or network may be sending automated queries. MDU Resources has 69 locations in the United States. It is headquartered in Bismarck, North Dakota, and operates in 48 states. Analytical cookies are used to understand how visitors interact with the website. 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. The presentation of this additional information is not meant to be considered a substitution for financial measures prepared in accordance with GAAP. -Jenna Lyons. We also use third-party cookies that help us analyze and understand how you use this website. 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. The actual number of shares to be distributed to MDU Resources shareholders will be determined prior to completing the spinoff, as will the specific transaction structure. For more information about MDU Resources, visitwww.mdu.comor contact the Investor Relations Department at[emailprotected]. MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States. About Knife River Western National Group. Annual Report. mdu resources inc. Skip to content Skip to main nav. Our Board of Directors regularly reviews opportunities to unlock value for our shareholders. This website uses cookies to improve your experience while you navigate through the website. Here are further demographic highlights of the leadership team: The MDU Resources executive team is 29% female and 71% male. Best Companies to Work For in North Dakota, Best Energy Companies to Work For in North Dakota, Best Companies to Work For in Bismarck, ND, Best Energy Companies to Work For in Bismarck, ND, Working At DTE (Detroit Tool & Engineering), Working At Centennial Energy Resources LLC, MDU Resources Heavy Equipment Operator Jobs, MDU Resources Apprentice Electrician Jobs. We also use third-party cookies that help us analyze and understand how you use this website. The company anticipates completing the strategic review in the first half of 2023. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. 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. United States, North Dakota, Bismarck, Utilities, Oil & Energy, Information Technology & Services. As of December 31, 2017, it served 142,901 residential, commercial, industrial, and municipal customers in 178 communities and adjacent rural areas. Phone: 800-638-3278. 7% of MDU Resources employees are Hispanic or Latino. 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. 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. Register for your account and get started with our industry leading people contacts search engine. Primary Address. Corporate Employee (Current Employee) - Bismarck, ND - January 17, 2014. The MDU Resources board believes the proposed separation will unlock the inherent value within the two companies, which have unique growth prospects and investment opportunities. Below youll find a list of the types of career opportunities you can find at Knife River. Enter the location for your project and choose the product youd like. The distribution systems in these towns passed into MDU ownership by the early 1940s. 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. 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. 4% of MDU Resources employees are Black or African American. See if MDU Resources is hiring near you. The proposed separation is subject to customary conditions, including final approval by the MDU Resources board of directors, receipt of a tax opinion and, if determined advisable, a private letter ruling from the Internal Revenue Service, and the filing and effectiveness of a Form 10 registration statement with the U.S. Securities and Exchange Commission. We also use third-party cookies that help us analyze and understand how you use this website. What is the strategic rationale for spinning off Knife River? This website uses cookies to improve your experience while you navigate through the website.

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