This cookie is set by GDPR Cookie Consent plugin. We build complex, diverse projects for our customers and we're always looking for team members to contribute to our success. This site is protected by reCAPTCHA and the Google. Bismarck, ND 58501-4092, 2023 MDU Construction Services Group, Inc.. All rights reserved. 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. ESI, Inc. honored with industry Safety Achievement Award for outstanding injury and illness statistics 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 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. Post-spinoff, MDU Resources intends to maintain a policy consistent with its historic practices. Selecting the value will change the page content. Careers Featured projects Our customers are as varied as our experience. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. However with being a great place to work comes longevity. It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. We also use third-party cookies that help us analyze and understand how you use this website. 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. On average, employees at MDU Resources stay with the company for 5.3 years. 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. This will also involve communication with the various functional areas and assistance in the development of training programs. What will happen to my outstanding stock? "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. "Our strategic review of our construction services business also is well underway. 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. Optimized capital structures: Each company will benefit from distinct capital structures and financial policies tailored to their separate business profiles and needs. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. A strong infrastructure is the heart of our country's economy. We are a nationwide provider of power line and telecommunication wire stringing equipment and related tools. For more information about MDU Resources, visit the company's website at www.mdu.com. 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. Supervised and managed all personnel, work activities and . Intermountain Natural Gas Headquarters is located at 555 S. Cole Road, Boise, ID 83709. 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. Compelling Benefits of the Separation Since its first aggregate company acquisition in 1992, MDU Resources has built Knife River into a leading aggregates-based construction materials business. The cookie is used to store the user consent for the cookies in the category "Performance". This is a growing company where the executive leadership really focuses on a work/life balance. 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. Employees at the parent company, MDU Resources, earn $52,489 whereas employees at Young Brothers Inc Contractors earn $51,612, on average. Cascade 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. is a power company based in Bismarck, ND. The company operates through five segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, and Construction Services. This cookie is set by GDPR Cookie Consent plugin. Employee Directory. 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. MDU Resources is an industry leader with 10,140 employees and an annual revenue of $5.7B that is headquartered in North Dakota. $20 Hourly. 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. The average employee at MDU Resources makes $52,489 per year. 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. You also have the option to opt-out of these cookies. Rebecca Dorwart's peers at other companies are Kris Vosgerau, Craig Walz, Ryan Kuchenski, Shirley Curt, Tom Herman, Curtis Cross, Damien Craig, Karl Jones. Denver CO. An upstream oil and gas company part of the MDU Resources Group family of companies. MDU Resources employees are most likely to be members of the republican party. Necessary cookies are absolutely essential for the website to function properly. The separation will result in two independent, publicly traded and well . The Company's Electric segment generates, transmits, and distributes electricity. The company strongly encourages investors to review the consolidated financial statements in their entirety and to not rely on any single financial measure. 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. Rebecca Dorwart has 6 months experience as Human Resources Special Projects Manager. 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. But opting out of some of these cookies may affect your browsing experience. Corporate Employee (Current Employee) - Bismarck, ND - January 17, 2014. The cookie is used to store the user consent for the cookies in the category "Other. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. Throughout this news release, MDU Resources presents financial information prepared in accordance with GAAP, as well as Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA), which is considered a non-GAAP financial measure. Founded in 1966, ESI, Inc. is part of the MDU Resources family of companies. Customer Service: 7:30 A.M. - 6:30 P.M. | Monday through Friday. 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. These cookies do not store any personal information. Audio and webcast replays will be available through Aug. 18, 2022, at 888-203-1112, or 719-457-0820 for international callers, passcode ID 3010359. 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 Registered Agent on file for this company is Linda Beery and is located at 3020 Saturn Street Suite 101, Brea, CA 92821. Knife River Corporation is now among the largest sand and gravel producing companies in the U.S. 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. 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. After extensive research and analysis, Zippia's data science team found that: 38% of MDU Resources employees are women, while 62% are men. By continuing to use this application, you consent to the use of cookies in accordance with our. 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. 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. We also use third-party cookies that help us analyze and understand how you use this website. Referrals increase your chances of interviewing at Mercury Insurance by 2x. The separation is expected to be completed in 2023. Since MDU Resources first aggregate company acquisition in 1992, weve built Knife River into a leading aggregates-based construction materials business. With approximately 98% of WBI Energys EBITDA coming from regulated business, it is focused on growing this business through pipeline expansion projects. Will shareholders of both companies receive a regular dividend post-spinoff? Based on our data team's research, David L. Goodin is the MDU Resources's CEO. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Both companies eventually realized the lawsuit was unproductive and they ceased litigation.[3]. 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. MDU Resources Group engages in the regulated energy delivery, construction materials and services businesses. The employee data is based on information from people who have self-reported their past or current employments 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. We are sorry, but your computer or network may be sending automated queries. Montana-Dakota Utilities Headquarters is located at 400 N. Fourth Street, Bismarck, ND 58501-4092. These cookies track visitors across websites and collect information to provide customized ads. MDU Resources got its start in 1924 as the Minnesota Northern Power Company. United States, North Dakota, Bismarck, Utilities, Oil & Energy, Information Technology & Services. 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 Get email updates for new Senior Process Analyst jobs in Brea, CA. 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. In 2001, Knife River sold its remaining coal-mining interests. 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! 1200 West Century Avenue. 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.. Employees at Portland General Electric earn more than most of the competition, with an average yearly salary of $79,561. It does not store any personal data. 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. 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.. 400 N. Fourth St. MDU Resources also announced today its second quarter financial results, which can be found on the companys website atwww.mdu.com. We also use third-party cookies that help us analyze and understand how you use this website. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. MDU Resources will discuss todays separation announcement as well as its second quarter results during a webcast at 8:30 a.m. EDT Aug. 4, 2022. 12 on list of top 600 specialty contractors. MDU Resources company charter does not require a shareholder vote to complete the transaction. MDU Resources Group, Inc. is a U.S.-based corporation supplying essential products and services through its regulated energy delivery and construction materials and services businesses. Changes in such assumptions and factors could cause actual future results to differ materially. with up to 5 times the number of maximum matches per search vs. non-subscribers. 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. 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. 10-K. 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. Overall MDU Resources is a great place to work with competitive salaries, leave time and other benefits. 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. 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. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. MDU Resources Group,Inc., founded in 1924, utilizes natural gas and coal mines. The largest donation made to a political party by an MDU Resources employee was How long have you been considering this? Analytical cookies are used to understand how visitors interact with the website. You must click the activation link in order to complete your subscription. Project Manager at Mdu Resources Group Inc. Project Managers are responsible for planning, implementing, and managing projects. We provide industry leading services with a focus on safety. No. Posted: January 31, 2023. mdu resources group inc. mdu resources group. Brea, CA. 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. MDU Resources Group, Inc. Anne Jones 701-530-1015 or 800-437-8000, ext. To protect our site, we cannot process your request right now. When MDU examined DPSC's books after the purchase, they spent the next six years in litigation with NWPS over allegations of improper internal charges between NWPS, NP&L, and NDP&L. Annual Report. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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. Full-Time. This category only includes cookies that ensures basic functionalities and security features of the website. MDU Resources is a Fortune 1000 company with operations, customers and employees across the country. MDU Resources generates $5.7B in revenue. Loading. Necessary cookies are absolutely essential for the website to function properly. This website uses cookies to improve your experience while you navigate through the website. It generated $78 million of EBITDA in 2021. 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.". What approvals are required? 7% of MDU Resources employees are Hispanic or Latino. 79 were here. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates.
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