MDU Construction Services Group These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Fax: 701-323-3104. We also use third-party cookies that help us analyze and understand how you use this website. 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. ESI, Inc. is headquartered in Cincinnati, Ohio, with locations in Dayton, Cleveland and Columbus. 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. 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. Conference Call 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. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. [8] Ten lawsuits were filed against Loy Clark in November 2018 and two of which were by insurers who had paid out claims. 4% of MDU Resources employees are Black or African American. Here are further demographic highlights of the leadership team: The MDU Resources executive team is 29% female and 71% male. 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. It performs integrated contracting services. The firm's holdings initially consisted of the electric utility at Cushing, Oklahoma (later sold off to Oklahoma Gas & Electric), Minnesota Electric Light & Power Company, which served the Bemidji, Minnesota area (sold in 1925 to the W.B. MDU Resources Group, Inc. Anne Jones 701-530-1015 or 800-437-8000, ext. 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. Your entire office will be able to use your search subscription. 79 were here. [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. served to you completely ad free and you will be granted access to view every profile in its entirety, even This will also involve communication with the various functional areas and assistance in the development of training programs. mdu resources group inc. mdu resources group. Phone: 800-638-3278. [8] Two additional lawsuits were filed against Loy Clark in December 2019. These cookies will be stored in your browser only with your consent. It generated $78 million of EBITDA in 2021. $20 Hourly. from 8 AM - 9 PM ET. In just the past four years, it has completed 12 acquisitions and increased revenues 23%. 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.". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". We have built Knife River into a leading construction materials business and believe now is the right time to spin it off to unlock additional value for both MDU Resources and Knife River. Knife River: Leading Vertically Integrated Aggregates Producer and Provider of Construction Materials and Contracting Services Focused on Organic and M&A Growth $4,900 to the Republican Party. [12] Knife River Corporation provides construction materials and contracting services, including aggregate, asphalt, building materials, cement, construction services, liquid asphalt, and ready-mix concrete in 17 states. It generated $321 million of EBITDA in 2021. The companies have since partnered on two base-load power plants (Big Stone and Coyote). You also have the option to opt-out of these cookies. 1200 West Century Avenue. 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. Help other job seekers by rating MDU Resources. MDU Resources has 69 locations in the United States. Second Quarter 2022 Financial Results [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. Financial Contact:Jason Vollmer, MDU Resources vice president and chief financial officer, 701-530-1755. 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. MDU Resources expects there will be no changes to its historic dividend practices through the completion of the spinoff. Brea, CA. The national average salary for an employee at MDU Resources Group is $55,677 per year, or $26.77 an hour. 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 . 18 Deep, 3Wide, 7Tall 4.5% Sales Tax will be applied For additional information, contact Jack VandeKop @ (605) 340-5256 MDU Resources to discuss separation and second quarter 2022 financial results at 8:30 a.m. EDT today. Although MDU Resources believes that its expectations are based on reasonable assumptions, current expectations involve a number of risks and uncertainties. MDU Resources Group engages in the regulated energy delivery, construction materials and services businesses. by Terry Hildestad. MDU Resources Group corporate office is located in 1200 W Century Ave, Bismarck, North Dakota, 58503, United States and has 791 employees. MDU Resources had announced on Aug. 4 its intent to separate Knife River as an independent, publicly traded company. You can sign up for additional alert options at any time. This cookie is set by GDPR Cookie Consent plugin. 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.). Looking for Montana-Dakota Utilities? Our Customer Service Center can assist you with many account related requests, including checking balances, making payments, starting or stopping service, and much more. Careers Featured projects Our customers are as varied as our experience. company profile page along with the rest of the general data. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. MDU Resources employees are most likely to be members of the Republican Party. Annual Report. These cookies do not store any personal information. Subsidiaries to MDU Resources include Young Brothers Inc Contractors. You can unsubscribe from these emails at any time. 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. Advisors MDU Construction Services Group employs more than 7,500 skilled employees across the country. We are sorry, but your computer or network may be sending automated queries. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US. 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. We're dedicated to providing environmentally friendly and energy-efficient solutions that meet our clients technology and power requirements. Main Telephone (866) 760-4852. This site is NOT monitored 24 hours a day. Selecting the value will change the page content. [10][11] Intermountain Gas Company, serving parts of Idaho, was acquired by MDU Resources in 2008. Founded in 1966, ESI, Inc. is part of the MDU Resources family of companies. None of the information on this page has been provided or approved by MDU Resources. Since its first aggregate company acquisition in 1992, MDU Resources has built Knife River into a leading aggregates-based construction materials business. MDU Construction Services Group has resources across the country to get any job done. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. Pay at MDU Resources is significantly lower than some of its highest paying competitors, like. Our electrical, mechanical and fire suppression services companies have deep experience in a wide variety of work across the country. Below youll find a list of the types of career opportunities you can find at Knife River. 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. 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. MDU Resources headquarters is in Bismarck, ND. Based on our data team's research, David L. Goodin is the MDU Resources's CEO. MDU Resources is committed to establishing strong capital allocation strategies for each business that align with each businesss long-term goals. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. This cookie is set by GDPR Cookie Consent plugin. How will this impact MDU Resources current quarterly dividend? In 2001, Knife River sold its remaining coal-mining interests. 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 also distributes cement and asphalt oil. Amazing things happen when you're having fun and doing something you love. Using a database of 30 million profiles, Zippia estimates demographics and statistics for MDU Resources. MDU Resources has great employee retention with staff members usually staying with the company for 5.3 years. Details of Separation Transaction 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. The cookie is used to store the user consent for the cookies in the category "Performance". 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 Necessary cookies are absolutely essential for the website to function properly. Our services include natural gas and pipelineplacement, directional drilling, cable and duct plowing, hydroexcavation, and conduit and vault installation. Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, For more information, visitwww.kniferiver.com. 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. 12 on list of top 600 specialty contractors. But opting out of some of these cookies may have an effect on your browsing experience. It is headquartered in Bismarck, North Dakota, and operates in 48 states. We may use cookies and other similar technologies (together "cookies") to offer you a better web browsing experience and analyze usage. 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. For more information about MDU Resources, visit the company's website at www.mdu.com. Denver CO. An upstream oil and gas company part of the MDU Resources Group family of companies. It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. 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.. MDU Resources generates $5.7B in revenue. Loading. These cookies track visitors across websites and collect information to provide customized ads. [7] Additionally, OSHA cited and fined Loy Clark for safety violations as a result of this incident. Foshay interests this property today comprises Otter Tail Power's Bemidji division), the Eastern Montana Light & Power Company, centered around Sidney and Glendive, Montana, and the Eastern Montana Utilities Co., which was based in Fairview, Montana. 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. Employees at the parent company, MDU Resources, earn $52,489 whereas employees at Young Brothers Inc Contractors earn $51,612, on average. What approvals are required? But opting out of some of these cookies may affect your browsing experience. 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. Guests; Log in; Career Center. Employee Directory. 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. Enhances MDU Resources strategic focus on regulated utilities, natural gas pipelines and related infrastructure services. The actual number of shares to be distributed to MDU Resources shareholders will be determined prior to completing the spinoff, as will the specific transaction structure. 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. Rebecca Dorwart has 6 months experience as Human Resources Special Projects Manager. We expect this distribution to be tax free to MDU Resources and its shareholders for U.S. federal income tax purposes. 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. 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]. This website uses cookies to improve your experience while you navigate through the website. MDU Resources Group, Inc. | Bismarck ND 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. While the highest-paid employees at MDU Resources Group can earn over $92,000 a year, the lowest-paid employees earn less than . 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