Our customers are as varied as our experience. Have you worked at MDU Resources? 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. Average MDU Resources Group Salary: By Location, Job Title - Zippia 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. You will love working at Western! MDU Resources board believes Knife River is poised to benefit from significant investments at the federal and local levels in infrastructure development and upgrades. 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. 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. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. It also distributes cement and asphalt oil. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. The companys utilities provide affordable and reliable electric and natural gas service to 1.2 million customers across eight states. 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. 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. Your entire office will be able to use your search subscription. 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. 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 Bismarck, ND 58501-4092, 2023 MDU Construction Services Group, Inc.. All rights reserved. These cookies will be stored in your browser only with your consent. How will this impact MDU Resources current quarterly dividend? Our expertise includes refinery and plant construction and maintenance, as well as automotive, renewable energy and steel facility installations and maintenance. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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. 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 engages in the regulated energy delivery, construction materials and services businesses. It is headquartered in Bismarck, North Dakota, and operates in 48 states. MDU Resources Group, Inc. Marketing Contacts Contacts (5/13) Name Title State . Amazing things happen when you're having fun and doing something you love. Enhances MDU Resources strategic focus on regulated utilities, natural gas pipelines and related infrastructure services. Intermountain Natural Gas Headquarters is located at 555 S. Cole Road, Boise, ID 83709. [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. Claiming and updating your company profile on Zippia is free and easy. No assurance can be given regarding the form that a spinoff transaction may take or the specific terms or timing thereof, or that a spinoff will in fact occur. We also use third-party cookies that help us analyze and understand how you use this website. It does not store any personal data. 7% of MDU Resources employees are Hispanic or Latino. In addition, These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. MDU Resources Jobs in March, 2023 (Hiring Now!) - Zippia The spinoff is expected to be completed during 2023, subject to customary closing conditions, including final approval by MDU Resources Board of Directors, receipt of a tax opinion, the filing and effectiveness of a Form 10 registration statement with the SEC and, if determined advisable, a private letter ruling from the IRS. Although MDU Resources believes that its expectations are based on reasonable assumptions, current expectations involve a number of risks and uncertainties. company profile page along with the rest of the general data. Post-separation, MDU Resources intends to maintain a dividend policy consistent with its historic practice. MDU Resources Group, Inc. (MDU) Q4 2022 Earnings Call Transcript Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, The average employee at MDU Resources makes $52,489 per year. 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 companies have since partnered on two base-load power plants (Big Stone and Coyote). Knife River Separation - MDU Resources Group Inc. The company's common stock began trading on the New York Stock Exchange under the ticker symbol MDU in 1948. Leasing Consultant Job in Brea, CA at Western National Group Working at MDU Resources Group, Inc.: 8 Reviews - indeed.com Early history[ edit] The Registered Agent on file for this company is Linda Beery and is located at 3020 Saturn Street Suite 101, Brea, CA 92821. Payment Locations - Montana-Dakota Utilities Company It generated $321 million of EBITDA in 2021. [8] Ten lawsuits were filed against Loy Clark in November 2018 and two of which were by insurers who had paid out claims. Guests; Log in; Career Center. Financial Contact:Jason Vollmer, MDU Resources vice president and chief financial officer, 701-530-1755. Mahmoud Siddig, Joele Frank, Wilkinson Brimmer Katcher, 212-355-4449 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. It is mandatory to procure user consent prior to running these cookies on your website. The two 'Eastern Montana' utilities became the nucleus of Montana-Dakota Utilities' operations. 67% of the management team is White. 02/24/2023. Necessary cookies are absolutely essential for the website to function properly. 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. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. MDU Resources Group, Inc. Corporate Profile - Winmo The company strongly encourages investors to review the consolidated financial statements in their entirety and to not rely on any single financial measure. with up to 5 times the number of maximum matches per search vs. non-subscribers. 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. Enhanced strategic focus: Each business will be able to pursue individualized strategies specific to the industries in which it operates, and use equity tailored to its own business to enhance acquisition programs and retention and hiring. You can sign up for additional alert options at any time. We also use third-party cookies that help us analyze and understand how you use this website. MDU Resources Group, Inc. | Bismarck ND - Facebook Our electrical, mechanical and fire suppression services companies have deep experience in a wide variety of work across the country. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. It performs integrated contracting services. The data presented on this page does not represent the view of MDU Resources and its employees or that of Zippia. MDU Resources has 10,140 employees, of which 24 are in a leadership position. 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. 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. The company's filing status is listed as Active and its File Number is 1981716. MDU Resources Expects Second Quarter Spinoff of Knife River Corp 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. It served approximately 938,867 residential, commercial, and industrial customers in 335 communities and adjacent rural areas. MDU Resources Group: Employee Directory | ZoomInfo.com Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Necessary cookies are absolutely essential for the website to function properly. 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. When will Knife River shares be distributed? Compelling Benefits of the Separation Skip to content Skip to main nav. mdu resources group inc. mdu resources. MDU Resources Group, Inc. is a power company based in Bismarck, ND. 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. Pay at MDU Resources is significantly lower than some of its highest paying competitors, like. However with being a great place to work comes longevity. MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 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. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates. [6] The damages totaled $17.2 million. MDU Resources is an industry leader with 10,140 employees and an annual revenue of $5.7B that is headquartered in North Dakota. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at [emailprotected]. Customer Service: 7:30 A.M. - 6:30 P.M. | Monday through Friday. Loading. 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? Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. 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. mdu resources inc. MDU Resources Group, Inc. | LinkedIn 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. 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. 18 Deep, 3Wide, 7Tall 4.5% Sales Tax will be applied For additional information, contact Jack VandeKop @ (605) 340-5256 MDU Resources - Wikipedia 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. The company's principal address . What approvals are required? 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 Resources Group, Inc. All rights reserved. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US.See if MDU Resources is hiring near you. If you experience any issues with this process, please contact us for further assistance. Spinoff of Knife River expected to unlock significant shareholder value. Fax: 701-323-3104. Non-GAAP Financial Measures 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. The presentation of this additional information is not meant to be considered a substitution for financial measures prepared in accordance with GAAP. About Us - Intermountain Gas Company Register for your account and get started with our industry leading people contacts search engine. [9], Cascade Natural Gas Corporation, serving parts of Oregon and Washington, was acquired by MDU Resources in 2006. 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. Why isnt there a shareholder vote? Cenergy International Services Employment, Basin Electric Power Cooperative Employment, CrossCountry Freight Solutions Employment, Heavy Equipment Operator MDU Resources Jobs, Apprentice Electrician MDU Resources Jobs. MDU Resources Announces Plan to Separate Knife River 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. 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. Tim W. Harrington - Head of IT - Bestop, Inc. | LinkedIn 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.). 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. MDU Resources Group, Inc. | Bismarck ND Knife River is always looking for good people to join our team. We provide industry leading services with a focus on safety. Knife River Corporation mines aggregates and markets crushed stone, sand, gravel and related construction materials, including ready-mix concrete, asphalt and other value-added products. 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. But opting out of some of these cookies may have an effect on your browsing experience. Forward-Looking Statements MDU Resources Group Corporate Headquarters, Office Locations and Addresses | Craft.co Get email updates for new Senior Process Analyst jobs in Brea, CA. 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. Cascade is a subsidiary of MDU Resources Group, Inc., a multidimensional natural resources enterprise traded on the New York Stock Exchange as "MDU.". Working At MDU Resources: Employee Reviews and Culture By continuing to use this application, you consent to the use of cookies in accordance with our. MDU Construction Services Group has resources across the country to get any job done. Intermountain is a subsidiary of MDU Resources Group, Inc., a multidimensional natural resources enterprise traded on the New York Stock Exchange as "MDU.". MDU Resources Group,Inc., founded in 1924, utilizes natural gas and coal mines. MDU Resources is in the electric power natural gas construction industry. ESI, Inc. honored with industry Safety Achievement Award for outstanding injury and illness statistics "Our strategic review of our construction services business also is well underway. Establishes Knife River as a stand-alone, aggregates-based, vertically integrated construction materials and contracting provider. Employees at Portland General Electric earn more than most of the competition, with an average yearly salary of $79,561. In 1985, the corporation realigned its operations under the name MDU Resources Group, Inc. 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. Bismarck, ND 58503, MDU Construction Services Group None of the information on this page has been provided or approved by MDU Resources. MDU Construction Services Group provides market-leading specialty contracting services across the U.S., primarily electrical and mechanical, and transmission and distribution services. The Pipeline and Midstream segment provides natural gas transportation, underground storage, and gathering services primarily in the Rocky Mountain and northern Great Plains regions. SEC Filings. Who We Are - MDU Construction Services Group, Inc. For more information, visitwww.kniferiver.com. If you are in need of enterprise level search, please consider signing up for a Bizapedia Pro Search account as described on this page. 1150 W. Century Ave. MDU Resources generates $5.7B in revenue. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US. Select Year: Filter filing type: Date Filing Type Filing Description Download / View. But opting out of some of these cookies may have an effect on your browsing experience. from 8 AM - 9 PM ET. MDU Resources Leadership: Executives and Demographics - Zippia 1025 1250 W. Century Ave. Bismarck, ND 58501 The staff at MDU Resources come from unusually diverse demographic backgrounds. See if MDU Resources is hiring near you. 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. Rebecca Dorwart's peers at other companies are Kris Vosgerau, Craig Walz, Ryan Kuchenski, Shirley Curt, Tom Herman, Curtis Cross, Damien Craig, Karl Jones. Get notified about new Senior Process Analyst jobs in Brea, CA. With respect to forward-looking statements contained herein, a number of factors could cause actual outcomes to vary materially. 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 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. Location United States, North Dakota, Bismarck Last Update 2021-06-04 Remove my profile . Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. 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 employees are most likely to be members of the Republican Party. MDU Resources is a Fortune 1000 company with operations, customers and employees across the country. MDU Resources Group, Inc. Company Profile - Dun & Bradstreet Below youll find a list of the types of career opportunities you can find at Knife River. The Construction Materials and Contracting segment mines, processes, and sells construction aggregates; produces and sells asphalt mix; and supplies ready-mixed concrete in the central, southern, and western United States, as well as Alaska and Hawaii. Montana-Dakota Utilities Headquarters is located at 400 N. Fourth Street, Bismarck, ND 58501-4092. Out of these, 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. What is the strategic rationale for spinning off Knife River? 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. 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. After submitting your request, you will receive an activation email to the requested email address. 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. Analytical cookies are used to understand how visitors interact with the website. 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. 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). 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]. By continuing to use this application, you consent to the use of cookies in accordance with our. 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. Click Here. 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. Western National Group. MDU Resources Group - Overview, News & Competitors - ZoomInfo Posted: January 31, 2023. You can unsubscribe from these emails at any time. MDU Resources Surplus Auction - Cabinet Some of Rebecca Dorwart's colleagues are Mark Haag, Korey Fried, Eric Hope, Ben Morrison, Amanda Kadrmas, Ron Kutzler, Sheri Berogan, Christy Dirk-senn. Creates financial and strategic flexibility for each company to focus on core business opportunities.
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