Western National Group. Guests; Log in; Career Center. Since its first aggregate company acquisition in 1992, MDU Resources has built Knife River into a leading aggregates-based construction materials business. The staff at MDU Resources come from unusually diverse demographic backgrounds. However with being a great place to work comes longevity. In 2001, Knife River sold its remaining coal-mining interests. The presentation of this additional information is not meant to be considered a substitution for financial measures prepared in accordance with GAAP. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. Why isnt there a shareholder vote? ESI, Inc. honored with industry Safety Achievement Award for outstanding injury and illness statistics Employees at Portland General Electric earn more than most of the competition, with an average yearly salary of $79,561. 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. 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. 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. These cookies will be stored in your browser only with your consent. We build complex, diverse projects for our customers and were always looking for team members to contribute to our success. MDU Resources to discuss separation and second quarter 2022 financial results at 8:30 a.m. EDT today. The data presented on this page does not represent the view of MDU Resources and its employees or that of Zippia. None of the information on this page has been provided or approved by MDU Resources. About MDU Resources It also distributes cement and asphalt oil. Some of the competitors of MDU Resources are Portland General Electric, The Williams Companies, and Peabody Energy. Visit the Career Advice Hub to see tips on interviewing and resume writing. Early history[ edit] Optimized capital structures: Each company will benefit from distinct capital structures and financial policies tailored to their separate business profiles and needs. 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. 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. Some of Rebecca Dorwart's colleagues are Mark Haag, Korey Fried, Eric Hope, Ben Morrison, Amanda Kadrmas, Ron Kutzler, Sheri Berogan, Christy Dirk-senn. Primary Address. These cookies do not store any personal information. 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. Get email updates for new Senior Process Analyst jobs in Brea, CA. In 1997, MDU Resources started its utility services division, which over the years has expanded its construction services offerings and become the MDU Construction Services Group segment. Our Board of Directors regularly reviews opportunities to unlock value for our shareholders. Our electrical, mechanical and fire suppression services companies have deep experience in a wide variety of work across the country. The company strongly encourages investors to review the consolidated financial statements in their entirety and to not rely on any single financial measure. 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). MDU Resources Group corporate office is located in 1200 W Century Ave, Bismarck, North Dakota, 58503, United States and has 791 employees. Our estimates are verified against BLS, Census, and current job openings data for accuracy. It generated $78 million of EBITDA in 2021. After extensive research and analysis, Zippia's data science team found that: 38% of MDU Resources employees are women, while 62% are men. How did this transaction come about? 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.). Here are further demographic highlights of the leadership team: The MDU Resources executive team is 29% female and 71% male. [7] Additionally, OSHA cited and fined Loy Clark for safety violations as a result of this incident. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. Analytical cookies are used to understand how visitors interact with the website. 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 They ensure a project is completed on time and within budget. When is the spinoff expected to be completed? "Our strategic review of our construction services business also is well underway. 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.. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. Details of Separation Transaction This site is NOT monitored 24 hours a day. But opting out of some of these cookies may affect your browsing experience. In addition, all pages on Bizapedia will be What is the strategic rationale for spinning off Knife River? This cookie is set by GDPR Cookie Consent plugin. The companys utilities provide affordable and reliable electric and natural gas service to 1.2 million customers across eight states. 67% of the management team is White. 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. Copyright 2022 MDU Resources Group, Inc.. All rights reserved. Non-GAAP Financial Measures The cookie is used to store the user consent for the cookies in the category "Analytics". I am an MDU Resources shareholder. 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! Enter the location for your project and choose the product youd like. While the highest-paid employees at MDU Resources Group can earn over $92,000 a year, the lowest-paid employees earn less than . With the Bizapedia Pro Search service you will get unlimited searches via our various search forms, These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. MDU Resources Reports Third Quarter Earnings; Knife River Has Record Quarterly Revenue. 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. 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. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. This will also involve communication with the various functional areas and assistance in the development of training programs. If you are in need of enterprise level search, please consider signing up for a Bizapedia Pro Search account as described on this page. Enhances MDU Resources strategic focus on regulated utilities, natural gas pipelines and related infrastructure services. Our expertise includes refinery and plant construction and maintenance, as well as automotive, renewable energy and steel facility installations and maintenance. 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. Montana-Dakota Utilities Headquarters is located at 400 N. Fourth Street, Bismarck, ND 58501-4092. We are a nationwide provider of power line and telecommunication wire stringing equipment and related tools. What will happen to my outstanding stock? Get notified about new Senior Process Analyst jobs in Brea, CA. 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 . The national average salary for an MDU Resources employee in the United States is $52,489 per year. 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. 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. Annual Report. The Registered Agent on file for this company is Linda Beery and is located at 3020 Saturn Street Suite 101, Brea, CA 92821. Location United States, North Dakota, Bismarck Last Update 2021-06-04 Remove my profile . Knife River: Leading Vertically Integrated Aggregates Producer and Provider of Construction Materials and Contracting Services Focused on Organic and M&A Growth USA. 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. Nonetheless, actual results may differ materially from the projected results expressed in the forward-looking statements. See if MDU Resources is hiring near you. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. We expect Knife River shares to be distributed immediately upon the completion of the spinoff transaction, which we expect to occur during 2023. Our customers are as varied as our experience. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. 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. 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. The company operates through five segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, and Construction Services. Claiming and updating your company profile on Zippia is free and easy. Cenergy International Services Employment, Basin Electric Power Cooperative Employment, CrossCountry Freight Solutions Employment, Heavy Equipment Operator MDU Resources Jobs, Apprentice Electrician MDU Resources Jobs. Locations 1200 W. Century Ave. Bismarck, ND 58503, US Get directions Employees at MDU Resources Group, Inc. Steve Held Vladimir Terzic Harry Pearce Laura Lueder Manager of Communications and. This category only includes cookies that ensures basic functionalities and security features of the website. After submitting your request, you will receive an activation email to the requested email address. For a discussion of important factors that could cause actual results to differ materially from those expressed in the forward-looking statements, refer to Item 1A-Risk Factors in MDU Resources' most recent Form 10-Q and 10-K. Financial Contact:Brent Miller, director of financial projects and investor relations, 701-530-1730Media Contact:Laura Lueder, manager of communications and public relations, 701-530-1095, Cision Distribution 888-776-0942 4% of MDU Resources employees are Black or African American. Spinoff of Knife River expected to unlock significant shareholder value. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. None of the information on this page has been provided or approved by MDU Resources. Careers Featured projects Our customers are as varied as our experience. [9], Cascade Natural Gas Corporation, serving parts of Oregon and Washington, was acquired by MDU Resources in 2006. For more information about MDU Resources, visit the company's website at www.mdu.com. MDU Resources is committed to establishing strong capital allocation strategies for each business that align with each businesss long-term goals. But opting out of some of these cookies may have an effect on your browsing experience. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. MDU Resources company charter does not require a shareholder vote to complete the transaction. MDU Resources Group Corporate Headquarters, Office Locations and Addresses | Craft.co The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. Search Keywords. 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. Executive Summary. MDU Resources Group,Inc., founded in 1924, utilizes natural gas and coal mines. How long have you been considering this? 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]. Compelling Benefits of the Separation Click the link in the email we sent to to verify your email address and activate your job alert. Sign in to create your job alert for Senior Process Analyst jobs in Brea, CA. However, there's a significant range between the top 10 percent of earners and the bottom 10 percent of earners. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. You will love working at Western! Working at MDU Resources Group, Inc.: 8 Reviews Review this company Job Title All Location United States8 reviews Ratings by category 3.4 Work-Life Balance 3.9 Pay & Benefits 3.3 Job Security & Advancement 3.4 Management 3.6 Culture Search reviews Sort by Helpfulness Rating Date Showing all 8 reviews 4.0 Job Work/Life Balance Compensation/Benefits 1025 1250 W. Century Ave. Bismarck, ND 58501 MDU Construction Services Group has resources across the country to get any job done. The event can be accessed atwww.mdu.com. The actual number of shares to be distributed to MDU Resources shareholders will be determined prior to closing, as will the specific transaction structure. mdu resources inc. 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. MDU Resources has 10,140 employees, of which 24 are in a leadership position. 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 Help us make this company more transparent. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US.See if MDU Resources is hiring near you. Employee Directory. 12 on list of top 600 specialty contractors. The company's principal address . The separation will result in two independent, publicly traded and well . Post-separation, MDU Resources intends to maintain a dividend policy consistent with its historic practice. 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.
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