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. Our Customer Service Center can assist you with many account related requests, including checking balances, making payments, starting or stopping service, and much more. This website uses cookies to improve your experience while you navigate through the website. Corporate Employee (Current Employee) - Bismarck, ND - January 17, 2014. Rebecca Dorwart's peers at other companies are Kris Vosgerau, Craig Walz, Ryan Kuchenski, Shirley Curt, Tom Herman, Curtis Cross, Damien Craig, Karl Jones. Select Year: Filter filing type: Date Filing Type Filing Description Download / View. 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. 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. The staff at MDU Resources come from unusually diverse demographic backgrounds. MDU Resources is in the electric power natural gas construction industry. Nonetheless, actual results may differ materially from the projected results expressed in the forward-looking statements. Our estimates are verified against BLS, Census, and current job openings data for accuracy. Who is MDU Resources Group Headquarters 1200 W Century Ave, Bismarck, North Dakota, 58503, United States Phone Number (701) 530-1000 Website www.mdu.com Revenue $5.9B Stock Symbol MDU Industry Electricity, Oil & Gas Energy, Utilities & Waste Treatment MDU Resources Group's Social Media Is this data correct? But opting out of some of these cookies may affect your browsing experience. 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. These cookies will be stored in your browser only with your consent. 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 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. The Natural Gas Distribution segment distributes natural gas and offers related value-added services. Help us make this company more transparent. Employee Directory. MDU Resources Group engages in the regulated energy delivery, construction materials and services businesses. MDU Resources board believes Knife River is poised to benefit from significant investments at the federal and local levels in infrastructure development and upgrades. Project Managers are responsible for planning, implementing, and managing projects. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. When is the spinoff expected to be completed? The company was founded in 1924 and is based in Bismarck, North Dakota. MDU Construction Services Group provides market-leading specialty contracting services across the U.S., primarily electrical and mechanical, and transmission and distribution services. We may use cookies and other similar technologies (together "cookies") to offer you a better web browsing experience and analyze usage. MDU 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. 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. Since MDU Resources first aggregate company acquisition in 1992, weve built Knife River into a leading aggregates-based construction materials business. The words believe, continue, could, expect, anticipate, intends, estimate, forecast, project, should, may, will, would or the negative thereof and similar expressions are intended to identify such forward-looking statements. [8] Ten lawsuits were filed against Loy Clark in November 2018 and two of which were by insurers who had paid out claims. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. from 8 AM - 9 PM ET. 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. 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.. These cookies track visitors across websites and collect information to provide customized ads. Visit the Career Advice Hub to see tips on interviewing and resume writing. However, there's a significant range between the top 10 percent of earners and the bottom 10 percent of earners. Click the link in the email we sent to to verify your email address and activate your job alert. This cookie is set by GDPR Cookie Consent plugin. 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. Our most recent assessment determined that a separation of Knife River could unlock significant value. USA. Company Mdu Resources Group Inc. For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at [emailprotected]. You will love working at Western! The company operates through five segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, and Construction Services. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. Knife River Corporation is now among the largest sand and gravel producing companies in the U.S. 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 Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. MDU Resources generates $5.7B in revenue. What approvals are required? 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. Dennis W. Johnson, chair of MDU Resources board, said, The board regularly assesses MDU Resources business, operations and value creation opportunities. These cookies do not store any personal information. Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, However with being a great place to work comes longevity. How long have you been considering this? Executive Summary. In just the past four years, it has completed 12 acquisitions and increased revenues 23%. 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. Location United States, North Dakota, Bismarck Last Update 2021-06-04 Remove my profile . MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US.See if MDU Resources is hiring near you. 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. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. The data presented on this page does not represent the view of MDU Resources and its employees or that of Zippia. 1150 W. Century Ave. MDU Construction Services Group It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. 1025 1250 W. Century Ave. Bismarck, ND 58501 MDU Resources is ranked #7 on the Best Companies to Work For in North Dakota list. This website uses cookies to improve your experience while you navigate through the website. 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. 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. We expect this distribution to be tax free to MDU Resources and its shareholders for U.S. federal income tax purposes. With our nations focus on infrastructure, the recent passage of the Investment in Infrastructure and Jobs Act will provide federal funding to support the type of public and private work Knife River does. 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. The Registered Agent on file for this company is Linda Beery and is located at 3020 Saturn Street Suite 101, Brea, CA 92821. This cookie is set by GDPR Cookie Consent plugin. We provide industry leading services with a focus on safety. BISMARCK, N.D., Aug. 4, 2022 /PRNewswire/ MDU Resources Group, Inc. (NYSE: MDU) today announced that its board of directors has unanimously approved a plan to separate its wholly owned construction materials business, Knife River Corporation, from the company. 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. How did this transaction come about? This category only includes cookies that ensures basic functionalities and security features of the website. It performs integrated contracting services. MDU Resources Group, Inc. Marketing Contacts Contacts (5/13) Name Title State . Skip to content Skip to main nav. These cookies track visitors across websites and collect information to provide customized ads. [8] Two additional lawsuits were filed against Loy Clark in December 2019. Both companies eventually realized the lawsuit was unproductive and they ceased litigation.[3]. 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. mdu resources group. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates. Changes in such assumptions and factors could cause actual future results to differ materially. We build complex, diverse projects for our customers and we're always looking for team members to contribute to our success. While the highest-paid employees at MDU Resources Group can earn over $92,000 a year, the lowest-paid employees earn less than . Get email updates for new Senior Process Analyst jobs in Brea, CA. 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. Fax: 701-323-3104. Our customers are as varied as our experience. 4% of MDU Resources employees are Black or African American. We are always looking at our business mix for opportunities to enhance shareholder value. 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. Details of Separation Transaction In the late 1960s, MDU partnered with NWPS and Otter Tail Power in the construction of the Big Stone power plant near Big Stone City, South Dakota. MDU Resources Group, Inc. Anne Jones 701-530-1015 or 800-437-8000, ext. See if MDU Resources is hiring near you. 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. In addition, Necessary cookies are absolutely essential for the website to function properly. 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. 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. 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: Your entire office will be able to use your search subscription. The company's filing status is listed as Active and its File Number is 1981716. It does not store any personal data. On Nov. 3, MDU Resources announced it was undertaking a strategic review of its construction services business, MDU Construction Services Group, Inc. 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. 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. 10-K. 7% of MDU Resources employees are Hispanic or Latino. 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. Despite its diversity in other areas, MDU Resources employees are noticeably lacking in political diversity. Media Contact:Laura Lueder, MDU Resources manager of communications and public relations, 701-530-1095 The data presented on this page does not represent the view of MDU Resources and its employees or that of Zippia. 79 were here. Cascade Natural Gas Corporation Headquarters is located at 8113 West Grandridge Boulevard, Kennewick . In 1992, it acquired its first aggregates-mining company in central California, and has continued to expand its construction materials business . Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. Have you worked at MDU Resources? Posted: January 31, 2023. For a discussion of important factors that could cause actual results to differ materially from those expressed in the forward-looking statements, refer to Item 1A-Risk Factors in MDU Resources' most recent Form 10-Q and 10-K. Financial Contact:Brent Miller, director of financial projects and investor relations, 701-530-1730Media Contact:Laura Lueder, manager of communications and public relations, 701-530-1095, Cision Distribution 888-776-0942 Knife River has more than 1 billion tons of aggregate reserves, 110 ready-mix plants, 50 asphalt plants and a combined 410,000 tons of liquid asphalt and cement storage. The cookie is used to store the user consent for the cookies in the category "Analytics". Get notified about new Senior Process Analyst jobs in Brea, CA. We may use cookies and other similar technologies (together "cookies") to offer you a better web browsing experience and analyze usage. Terry Hildestad donated To protect our site, we cannot process your request right now. With respect to forward-looking statements contained herein, a number of factors could cause actual outcomes to vary materially. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 400 N. Fourth St. mdu resources inc. Supervised and managed all personnel, work activities and . 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. [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. The presentation of this additional information is not meant to be considered a substitution for financial measures prepared in accordance with GAAP. MDU Resources got its start in 1924 as the Minnesota Northern Power Company. On average, employees at MDU Resources stay with the company for 5.3 years. 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. 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! 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. 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. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Montana-Dakota Utilities Headquarters is located at 400 N. Fourth Street, Bismarck, ND 58501-4092. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. It also provides cathodic protection and other energy-related services. You also have the option to opt-out of these cookies. It generated $321 million of EBITDA in 2021. 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. You also have the option to opt-out of these cookies. Primary Address. Bismarck, ND 58503, MDU Construction Services Group [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. These cookies ensure basic functionalities and security features of the website, anonymously. It has an unusually high proportion of employees who are members of the Republican Party, at 73.0%. Employees at Portland General Electric earn more than most of the competition, with an average yearly salary of $79,561. MDU Resources employees are most likely to be members of the Republican Party. If you are in need of enterprise level search, please consider signing up for a Bizapedia Pro Search account as described on this page. if we've collected "Sales Lead Information" for a given company, it will be displayed on the 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. 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. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. 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! BISMARCK, N.D. Aug. 4, 2022 MDU Resources Group, Inc. (NYSE: MDU) today announced that its board of directors has unanimously approved a plan to separate its wholly owned construction materials business, Knife River Corporation, from the company. MDU Construction Services Group has resources across the country to get any job done.
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