mdu resources group locations

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. MDU Construction Services Group employs more than 7,500 skilled employees across the country. Analytical cookies are used to understand how visitors interact with the website. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. It generated $78 million of EBITDA in 2021. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". When is the spinoff expected to be completed? 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. We expect this distribution to be tax free to MDU Resources and its shareholders for U.S. federal income tax purposes. MDU Resources is ranked #7 on the Best Companies to Work For in North Dakota list. Messages will be read and responded to as soon as. You also have the option to opt-out of these cookies. Knife River has a successful track record of growth. 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. 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. Establishes Knife River as a stand-alone, aggregates-based, vertically integrated construction materials and contracting provider. ESI, Inc. is headquartered in Cincinnati, Ohio, with locations in Dayton, Cleveland and Columbus. Post-separation, MDU Resources intends to maintain a dividend policy consistent with its historic practice. On Nov. 3, MDU Resources announced it was undertaking a strategic review of its construction services business, MDU Construction Services Group, Inc. Media Contact:Laura Lueder, MDU Resources manager of communications and public relations, 701-530-1095 Employees at the parent company, MDU Resources, earn $52,489 whereas employees at Young Brothers Inc Contractors earn $51,612, on average. Skip to content Skip to main nav. 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. 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. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. The company's filing status is listed as Active and its File Number is 1981716. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. MDU Construction Services Group has resources across the country to get any job done. Have you worked at MDU Resources? If you experience any issues with this process, please contact us for further assistance. The Pipeline and Midstream segment provides natural gas transportation, underground storage, and gathering services primarily in the Rocky Mountain and northern Great Plains regions. $20 Hourly. United States, North Dakota, Bismarck, Utilities, Oil & Energy, Information Technology & Services. 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. We work underground and overhead in the transmission and distribution industry. COMMERCIAL RESOURCES TAX GROUP, INC. is a California Stock Corporation - Ca - General filed on April 1, 1997. MDU Resources Group, Inc. is a power company based in Bismarck, ND. Dennis W. Johnson, chair of MDU Resources board, said, The board regularly assesses MDU Resources business, operations and value creation opportunities. 4% of MDU Resources employees are Black or African American. View original content to download multimedia. These cookies will be stored in your browser only with your consent. We also use third-party cookies that help us analyze and understand how you use this website. 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. Copyright 2022 MDU Resources Group, Inc.. All rights reserved. MDU Resources Group, Inc. | Bismarck ND J.P. Morgan Securities LLC and PJT Partners are serving as financial advisors for the transaction; Wachtell, Lipton, Rosen & Katz is serving as legal advisor. 1200 West Century Avenue. Jan 2004 - Mar 201511 years 3 months. You can sign up for additional alert options at any time. It also distributes cement and asphalt oil. This cookie, set by Cloudflare, is used to support Cloudflare Bot Management. Project Manager at Mdu Resources Group Inc. Project Managers are responsible for planning, implementing, and managing projects. We build complex, diverse projects for our customers and we're always looking for team members to contribute to our success. This cookie is set by GDPR Cookie Consent plugin. MDU Resources Group, Inc. All rights reserved. MDU Resources Group, Inc. ( NYSE: MDU) Q4 2022 Earnings Conference Call February 9, 2023 2:00 PM ET Company Participants Jason Vollmer - VP & CFO David Barney - President & CEO, Knife River. This cookie is set by GDPR Cookie Consent plugin. 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.". Some of Rebecca Dorwart's colleagues are Mark Haag, Korey Fried, Eric Hope, Ben Morrison, Amanda Kadrmas, Ron Kutzler, Sheri Berogan, Christy Dirk-senn. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The company was founded in 1924 and is based in Bismarck, North Dakota. These cookies track visitors across websites and collect information to provide customized ads. company profile page along with the rest of the general data. The cookie is used to store the user consent for the cookies in the category "Performance". This website uses cookies to improve your experience while you navigate through the website. USA. 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. 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. 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. 18 Deep, 3Wide, 7Tall 4.5% Sales Tax will be applied For additional information, contact Jack VandeKop @ (605) 340-5256 10-K. Some of the competitors of MDU Resources are Portland General Electric, The Williams Companies, and Peabody Energy. MDU Construction Services Group MDU Resources has 10,140 employees, of which 24 are in a leadership position. Annual Report. 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. Enhances MDU Resources strategic focus on regulated utilities, natural gas pipelines and related infrastructure services. The following table provides a reconciliation of consolidated GAAP net income to EBITDA for 2021. 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. Research Summary. Knife River is always looking for good people to join our team. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US.See if MDU Resources is hiring near you. 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. Denver CO. An upstream oil and gas company part of the MDU Resources Group family of companies. Click the link in the email we sent to to verify your email address and activate your job alert. 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. 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: Amazing things happen when you're having fun and doing something you love. 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. The combined utility business has a rate base of $2.8 billion and is expected to make $1.6 billion in capital investments over the next five years. Register for your account and get started with our industry leading people contacts search engine. Guests; Log in; Career Center. Details of Separation Transaction 67% of the management team is White. 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.". 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. They ensure a project is completed on time and within budget. While logged in and authenticated, you will not be asked to solve any complicated Recaptcha V2 challenges. However with being a great place to work comes longevity. 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.". These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. 79 were here. Non-GAAP Financial Measures Mahmoud Siddig, Joele Frank, Wilkinson Brimmer Katcher, 212-355-4449 Our electrical, mechanical and fire suppression services companies have deep experience in a wide variety of work across the country. Sign in to create your job alert for Senior Process Analyst jobs in Brea, CA. "Our strategic review of our construction services business also is well underway. The largest addition of electric utility territory came in 1945, when MDU purchased the Dakota Public Service Company (DPSC) from NorthWestern Public Service Company (NWPS) of Huron, South Dakota. Posted: January 31, 2023. You must click the activation link in order to complete your subscription. MDU Resources expects there will be no changes to its historic dividend practices through the completion of the spinoff. The national average salary for an MDU Resources employee in the United States is $52,489 per year. from 8 AM - 9 PM ET. Fax: 701-323-3104. Intermountain Natural Gas Headquarters is located at 555 S. Cole Road, Boise, ID 83709. MDU Resources Group corporate office is located in 1200 W Century Ave, Bismarck, North Dakota, 58503, United States and has 791 employees. 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. Advisors SEC Filings. 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. [7] Additionally, OSHA cited and fined Loy Clark for safety violations as a result of this incident. 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 most common ethnicity at MDU Resources is White (82%). 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. They ensure a project is completed on time and within budget. We will diligently work through the separation process to ensure each company is optimized to deliver value for shareholders.. The Company's Electric segment generates, transmits, and distributes electricity. It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. Claiming and updating your company profile on Zippia is free and easy. Changes in such assumptions and factors could cause actual future results to differ materially. MDU Resources got its start in 1924 as the Minnesota Northern Power Company. MDU Construction Services Group employs more than 7,500 skilled employees across the country. Our services include natural gas and pipelineplacement, directional drilling, cable and duct plowing, hydroexcavation, and conduit and vault installation. Our customers are as varied as our experience. You also have the option to opt-out of these cookies. 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. 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. 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. This website uses cookies to improve your experience while you navigate through the website. 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. 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). It has an unusually high proportion of employees who are members of the Republican Party, at 73.0%. When typing in this field, a list of search results will appear and be automatically updated as you type. Location United States, North Dakota, Bismarck Last Update 2021-06-04 Remove my profile . Forward-Looking Statements In 1992, it acquired its first aggregates-mining company in central California, and has continued to expand its construction materials business . 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. The staff at MDU Resources come from unusually diverse demographic backgrounds. We are a nationwide provider of power line and telecommunication wire stringing equipment and related tools. These cookies will be stored in your browser only with your consent. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. 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. MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States. 02/21/2023. It is headquartered in Bismarck, North Dakota, and operates in 48 states. Since MDU Resources first aggregate company acquisition in 1992, weve built Knife River into a leading aggregates-based construction materials business. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. 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. Statement of Changes in Beneficial Ownership. 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. [10][11] Intermountain Gas Company, serving parts of Idaho, was acquired by MDU Resources in 2008. 5 on 2022 EC&M Top 50 Electrical Contractors List, Your specialty contracting services provider. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. 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. 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. 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. 1150 W. Century Ave. Help other job seekers by rating MDU Resources. Employees at Portland General Electric earn more than most of the competition, with an average yearly salary of $79,561. Primary Address. MDU Resources is committed to establishing strong capital allocation strategies for each business that align with each businesss long-term goals. Why isnt there a shareholder vote? In addition, all pages on Bizapedia will be These cookies ensure basic functionalities and security features of the website, anonymously. 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. MDU Resources is a Fortune 1000 company with operations, customers and employees across the country. MDU Resources board believes Knife River is poised to benefit from significant investments at the federal and local levels in infrastructure development and upgrades. mdu resources group inc. mdu resources group. For more information about MDU Resources, visit the company's website at www.mdu.com. Nonetheless, actual results may differ materially from the projected results expressed in the forward-looking statements. While the highest-paid employees at MDU Resources Group can earn over $92,000 a year, the lowest-paid employees earn less than . Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 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. 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 Our expertise includes refinery and plant construction and maintenance, as well as automotive, renewable energy and steel facility installations and maintenance. Subsidiaries to MDU Resources include Young Brothers Inc Contractors. Will shareholders of both companies receive a regular dividend post-spinoff? 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. Our construction services bring power to communities and neighborhoods across the country. Its founder, Rolland Heskett, had previously been involved with utilities in Wisconsin and northeast Minnesota (the forerunners of Wisconsin Public Service Corporation and Minnesota Power (& Light Co.), respectively). It generated $321 million of EBITDA in 2021. 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. A strong infrastructure is the heart of our country's economy. In addition, MDU Resources is in the electric power natural gas construction industry. Cascade Natural Gas Corporation Headquarters is located at 8113 West Grandridge Boulevard, Kennewick . Knife River, which provides construction materials and contracting services throughout the western, central and southern United States, also will remain headquartered in Bismarck. 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. ESI, Inc. honored with industry Safety Achievement Award for outstanding injury and illness statistics When will Knife River shares be distributed? For more information about MDU Resources, visitwww.mdu.comor contact the Investor Relations Department at[emailprotected]. Your entire office will be able to use your search subscription. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. The proposed separation is subject to customary conditions, including final approval by the MDU Resources board of directors, receipt of a tax opinion and, if determined advisable, a private letter ruling from the Internal Revenue Service, and the filing and effectiveness of a Form 10 registration statement with the U.S. Securities and Exchange Commission. "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 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.