It generated $78 million of EBITDA in 2021. Bismarck, ND 58506. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. Company Mdu Resources Group Inc. About Knife River Executive Summary. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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. We're dedicated to providing environmentally friendly and energy-efficient solutions that meet our clients technology and power requirements. 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. All forward-looking statements in this news release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. Dennis W. Johnson, chair of MDU Resources board, said, The board regularly assesses MDU Resources business, operations and value creation opportunities. The companys utilities provide affordable and reliable electric and natural gas service to 1.2 million customers across eight states. [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. Knife River generated $293 million of EBITDA in 2021. ESI, Inc. honored with industry Safety Achievement Award for outstanding injury and illness statistics MDU Resources board believes Knife River is poised to benefit from significant investments at the federal and local levels in infrastructure development and upgrades. 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. 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. In just the past four years, it has completed 12 acquisitions and increased revenues 23%. 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. Cascade is a subsidiary of MDU Resources Group, Inc., a multidimensional natural resources enterprise traded on the New York Stock Exchange as "MDU.". Click the link in the email we sent to to verify your email address and activate your job alert. About Us - Cascade Natural Gas Corporation The separation is expected to be completed in 2023. 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? Despite its diversity in other areas, MDU Resources employees are noticeably lacking in political diversity. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. It also provides cathodic protection and other energy-related 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. Since its first aggregate company acquisition in 1992, MDU Resources has built Knife River into a leading aggregates-based construction materials business. MDU Resources Reports Third Quarter Earnings; Knife River Has Record Quarterly Revenue. 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 company's principal address . Rebecca Dorwart has 6 months experience as Human Resources Special Projects Manager. Our Board of Directors regularly reviews opportunities to unlock value for our shareholders. The distribution systems in these towns passed into MDU ownership by the early 1940s. 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: if we've collected "Sales Lead Information" for a given company, it will be displayed on the The average employee at MDU Resources makes $52,489 per year. Our electrical, mechanical and fire suppression services companies have deep experience in a wide variety of work across the country. 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.. Below youll find a list of the types of career opportunities you can find at Knife River. Brea, CA. Denver CO. An upstream oil and gas company part of the MDU Resources Group family of companies. MDU Resources Group, Inc. | Bismarck ND - Facebook 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. 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. It served approximately 938,867 residential, commercial, and industrial customers in 335 communities and adjacent rural areas. The cookies is used to store the user consent for the cookies in the category "Necessary". Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 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.. Posted: January 31, 2023. Our Customer Service Center can assist you with many account related requests, including checking balances, making payments, starting or stopping service, and much more. 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. The national average salary for an employee at MDU Resources Group is $55,677 per year, or $26.77 an hour. The cookie is used to store the user consent for the cookies in the category "Other. MDU Construction Services Group $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. Who We Are - MDU Construction Services Group, Inc. 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. Western National Group. For more information, visitwww.kniferiver.com. It is expected that MDU Resources shareholders will retain their current shares of MDU Resources stock and also receive a pro rata distribution of shares of Knife River stock in a transaction that is expected to be tax free. It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. We are always looking at our business mix for opportunities to enhance shareholder value. We are a nationwide provider of power line and telecommunication wire stringing equipment and related tools. Leasing Consultant Job in Brea, CA at Western National Group You also have the option to opt-out of these cookies. 02/21/2023. 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. 12 on list of top 600 specialty contractors. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. By continuing to use this application, you consent to the use of cookies in accordance with our. With the Bizapedia Pro Search service you will get unlimited searches via our various search forms, This cookie is set by GDPR Cookie Consent plugin. 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. These cookies will be stored in your browser only with your consent. 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. MDU Resources company charter does not require a shareholder vote to complete the transaction. You can sign up for additional alert options at any time. Rebecca Dorwart at Mdu Resources Group Inc. MDU Resources - Wikipedia Project Manager at Mdu Resources Group Inc. Project Managers are responsible for planning, implementing, and managing projects. This cookie is set by GDPR Cookie Consent plugin. mdu resources inc. The Registered Agent on file for this company is Linda Beery and is located at 3020 Saturn Street Suite 101, Brea, CA 92821. MDU Resources expects the spinoff of Knife River will be complete in the second quarter of 2023. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. Register for your account and get started with our industry leading people contacts search engine. After submitting your request, you will receive an activation email to the requested email address. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. See if MDU Resources is hiring near you. Non-GAAP Financial Measures The most common ethnicity at MDU Resources is White (82%). This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding MDU Resources and the proposed spinoff of Knife River that are subject to risks and uncertainties and are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1993, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. [6] The damages totaled $17.2 million. If you experience any issues with this process, please contact us for further assistance. 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 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. Based on our data team's research, David L. Goodin is the MDU Resources's CEO. The presentation of this additional information is not meant to be considered a substitution for financial measures prepared in accordance with GAAP. The following table provides a reconciliation of consolidated GAAP net income to EBITDA for 2021. Analytical cookies are used to understand how visitors interact with the website. This website uses cookies to improve your experience while you navigate through the website. 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.". It also distributes cement and asphalt oil. 5 on 2022 EC&M Top 50 Electrical Contractors List, Your specialty contracting services provider. These factors include, but are not limited to, risks relating to the impact of the COVID-19 pandemic on the business (including impacts on employees and contractors and disruptions to operations and the supply chain); new or changing laws and regulations impacting the business (including changes in pipeline safety regulations and environmental law); supply chain disruptions (including price fluctuations and supply of materials necessary for operations); the adverse impact of cyberattacks on operations; competitive factors including technological advances and customer demands; pricing and market pressures; ability to successfully integrate any businesses acquired; issuance of new or revised accounting standards; risks associated with the impact, timing or terms of the spinoff; risks associated with the expected benefits and costs of the spinoff, including the risk that the expected benefits of the spinoff will not be realized within the expected timeframe, in full or at all, and the risk that conditions to the spinoff will not be satisfied and/or that the spinoff will not be completed within the expected timeframe, on the expected terms or at all; the expected qualification of the spinoff as a tax-free transaction for U.S. federal income tax purposes, including whether or not an IRS ruling will be sought or obtained; the risk that any consents or approvals required in connection with the spinoff will not be received or obtained within the expected timeframe, on the expected terms or at all; risks associated with expected financing transactions undertaken in connection with the spinoff and risks associated with indebtedness incurred in connection with the spinoff; the risk that dis-synergy costs, costs of restructuring transactions and other costs incurred in connection with the spinoff will exceed estimates; and the impact of the spinoff on the businesses and the risk that the spinoff may be more difficult, time consuming or costly than expected, including the impact on resources, systems, procedures and controls, diversion of managements attention and the impact on relationships with customers, suppliers, employees and other business counterparties, as well as the various important factors listed in Part I, Item 1A Risk Factors in MDU Resources Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2021, which was filed with the SEC on Feb. 23, 2022, and subsequent filings with the SEC. MDU Resources has 10,140 employees, of which 24 are in a leadership position. You can unsubscribe from these emails at any time. Our construction services bring power to communities and neighborhoods across the country. Messages will be read and responded to as soon as. This category only includes cookies that ensures basic functionalities and security features of the website. Mahmoud Siddig, Joele Frank, Wilkinson Brimmer Katcher, 212-355-4449 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. "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. These forward-looking statements, including key growth strategies, projections, certain assumptions and strategies of MDU Resources and the independent companies following the proposed spinoff, the anticipated benefits of the spinoff, and the expected timing of completion of the spinoff, are only predictions and involve known and unknown risks and uncertainties, many of which are beyond MDU Resources control, and could cause actual results to differ materially from those indicated in such forward-looking statements. Location United States, North Dakota, Bismarck Last Update 2021-06-04 Remove my profile . MDU Resources Group, Inc. Corporate Profile - Winmo We provide industry leading services with a focus on safety. 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. Get email updates for new Senior Process Analyst jobs in Brea, CA. 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. 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 Our customers are as varied as our experience. But opting out of some of these cookies may affect your browsing experience. The company's common stock began trading on the New York Stock Exchange under the ticker symbol MDU in 1948. 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. The event can be accessed atwww.mdu.com. 18 Deep, 3Wide, 7Tall 4.5% Sales Tax will be applied For additional information, contact Jack VandeKop @ (605) 340-5256 Knife River, which provides construction materials and contracting services throughout the western, central and southern United States, also will remain headquartered in Bismarck. Enhances MDU Resources strategic focus on regulated utilities, natural gas pipelines and related infrastructure services. This website uses cookies to improve your experience while you navigate through the website. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. 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. Search Keywords. 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. About Us - Montana-Dakota Utilities Company 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. Enter the location for your project and choose the product youd like. Employees at the parent company, MDU Resources, earn $52,489 whereas employees at Young Brothers Inc Contractors earn $51,612, on average. With respect to forward-looking statements contained herein, a number of factors could cause actual outcomes to vary materially. 400 N. Fourth St. 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. Skip to content Skip to main nav. 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. Anne Jones 701-530-1015 or 800-437-8000, ext. MDU Resources Surplus Auction - Cabinet 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. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates. MDU Construction Services Group employs more than 7,500 skilled employees across the country. from 8 AM - 9 PM ET. For more information about MDU Resources, visitwww.mdu.comor contact the Investor Relations Department at[emailprotected]. Claiming and updating your company profile on Zippia is free and easy. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, 10-K. In addition, 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. They ensure a project is completed on time and within budget. After extensive research and analysis, Zippia's data science team found that: 38% of MDU Resources employees are women, while 62% are men. 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? Careers - MDU Resources Group Inc. Fax: 701-323-3104. COMMERCIAL RESOURCES TAX GROUP, INC. is a California Stock Corporation - Ca - General filed on April 1, 1997. When will Knife River shares be distributed? 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. But opting out of some of these cookies may have an effect on your browsing experience. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. Tim W. Harrington - Head of IT - Bestop, Inc. | LinkedIn MDU Resources Group, Inc. Company Profile - Dun & Bradstreet A strong infrastructure is the heart of our country's economy. 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.