mdu resources group locations

Phone: 800-638-3278. We work underground and overhead in the transmission and distribution industry. 1150 W. Century Ave. 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.". You also have the option to opt-out of these cookies. The board and our management team are confident that MDU Resources and Knife River will be best positioned as two focused, independent companies. 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. Full-Time. It also distributes cement and asphalt oil. The average employee at MDU Resources makes $52,489 per year. Why isnt there a shareholder vote? 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. Loading. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. MDU Resources Group engages in the regulated energy delivery, construction materials and services businesses. Necessary cookies are absolutely essential for the website to function properly. The following table provides a reconciliation of consolidated GAAP net income to EBITDA for 2021. This category only includes cookies that ensures basic functionalities and security features of the website. $4,900 to the Republican Party. 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). Dennis W. Johnson, chair of MDU Resources board, said, The board regularly assesses MDU Resources business, operations and value creation opportunities. In 2001, Knife River sold its remaining coal-mining interests. Primary Address. 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. 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. if the company chooses to hide the private information on their profile from the general public. When typing in this field, a list of search results will appear and be automatically updated as you type. Knife River has a successful track record of growth. Bismarck, ND 58503, MDU Construction Services Group 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. 1025 1250 W. Century Ave. Bismarck, ND 58501 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. Distinct investment opportunities: Investors will have two compelling investment opportunities and will be able to better assess the value of the two companies based on their respective operational and financial characteristics. Project Managers are responsible for planning, implementing, and managing projects. 7% of MDU Resources employees are Hispanic or Latino. In 1992, it acquired its first aggregates-mining company in central California, and has continued to expand its construction materials business . MDU Resources has great employee retention with staff members usually staying with the company for 5.3 years. MDU Resources to discuss separation and second quarter 2022 financial results at 8:30 a.m. EDT today. 5 on 2022 EC&M Top 50 Electrical Contractors List, Your specialty contracting services provider. 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. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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. Search Keywords. Enhances MDU Resources strategic focus on regulated utilities, natural gas pipelines and related infrastructure services. 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]. About MDU ResourcesMDU Resources Group, Inc., a member of the S&P MidCap 400 and the S&P High-Yield Dividend Aristocrats indices, is Building a Strong America by providing essential products and services through its regulated energy delivery and construction materials and services businesses. Amazing things happen when you're having fun and doing something you love. 02/24/2023. As of December 31, 2017, it served 142,901 residential, commercial, industrial, and municipal customers in 178 communities and adjacent rural areas. Help us make this company more transparent. 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. Careers Featured projects Our customers are as varied as our experience. We are sorry, but your computer or network may be sending automated queries. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates. 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. View original content to download multimedia. mdu resources inc. This is a growing company where the executive leadership really focuses on a work/life balance. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Register for your account and get started with our industry leading people contacts search engine. At MDU Resources, we promise to treat your data with respect and will not share your information with any third party. Knife River Corporation is now among the largest sand and gravel producing companies in the U.S. The MDU Resources board believes the proposed separation will unlock the inherent value within the two companies, which have unique growth prospects and investment opportunities. MDU Resources's mission statement is "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.". MDU Resources is in the electric power natural gas construction industry. Corporate Employee (Current Employee) - Bismarck, ND - January 17, 2014. MDU Resources employees are most likely to be members of the Republican Party. How long have you been considering this? 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. Non-GAAP Financial Measures Establishes Knife River as a stand-alone, aggregates-based, vertically integrated construction materials and contracting provider. 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 Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, and Wyoming, as well as Idaho, Minnesota, Oregon, and Washington; and offers related value-added services. Some of Rebecca Dorwart's colleagues are Mark Haag, Korey Fried, Eric Hope, Ben Morrison, Amanda Kadrmas, Ron Kutzler, Sheri Berogan, Christy Dirk-senn. If you are in need of enterprise level search, please consider signing up for a Bizapedia Pro Search account as described on this page. 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 . Western National Group. 400 N. Fourth St. Our customers are as varied as our experience. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. 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. 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. 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. Fax: 701-323-3104. Will shareholders of both companies receive a regular dividend post-spinoff? MDU Resources Group,Inc., founded in 1924, utilizes natural gas and coal mines. Optimized capital structures: Each company will benefit from distinct capital structures and financial policies tailored to their separate business profiles and needs. 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 1985, the corporation realigned its operations under the name MDU Resources Group, Inc. 4. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. The distribution systems in these towns passed into MDU ownership by the early 1940s. The largest donation made to a political party by an MDU Resources employee was You can sign up for additional alert options at any time. Enter the location for your project and choose the product youd like. 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. You will love working at Western! "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. Denver CO. An upstream oil and gas company part of the MDU Resources Group family of companies. I am an MDU Resources shareholder. The company was founded in 1924 and is based in Bismarck, North Dakota. The company anticipates completing the strategic review in the first half of 2023. Looking for Montana-Dakota Utilities? What will happen to my outstanding stock? Have you worked at MDU Resources? MDU Resources is committed to establishing strong capital allocation strategies for each business that align with each businesss long-term goals. The most common ethnicity at MDU Resources is White (82%). Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, MDU Resources Board of Directors Names Leadership for Knife River Upon Separation, MDU Resources Declares Quarterly Dividend on Common Stock. All forward-looking statements in this news release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. by Terry Hildestad. MDU Resources is an industry leader with 10,140 employees and an annual revenue of $5.7B that is headquartered in North Dakota. MDU Resources Group, Inc. Anne Jones 701-530-1015 or 800-437-8000, ext. Despite its diversity in other areas, MDU Resources employees are noticeably lacking in political diversity. 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.

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