The company strongly encourages investors to review the consolidated financial statements in their entirety and to not rely on any single financial measure. MDU Resources got its start in 1924 as the Minnesota Northern Power Company. We build complex, diverse projects for our customers and we're always looking for team members to contribute to our success. About Us - Intermountain Gas Company 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 is a Fortune 1000 company with operations, customers and employees across the country. It is headquartered in Bismarck, North Dakota, and operates in 48 states. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. Bismarck, ND 58501-4092, 2023 MDU Construction Services Group, Inc.. All rights reserved. Financial Contact:Jason Vollmer, MDU Resources vice president and chief financial officer, 701-530-1755. 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. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. [9], Cascade Natural Gas Corporation, serving parts of Oregon and Washington, was acquired by MDU Resources in 2006. The PUC faulted Loy Clark and listed the cause of the accident as Loy Clark's failure to give sufficient notifications to regulators about excavation plans. ESI, Inc. honored with industry Safety Achievement Award for outstanding injury and illness statistics MDU Resources Group, Inc. Careers and Employment, US The company is 37.8% female and 18.4% ethnic minorities. Tailored capital allocation strategies: Each company will have enhanced flexibility to deploy capital to its specific growth opportunities. Since MDU Resources first aggregate company acquisition in 1992, weve built Knife River into a leading aggregates-based construction materials business. For more information about MDU Resources, visit the company's website at www.mdu.com. No. In just the past four years, it has completed 12 acquisitions and increased revenues 23%. 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. 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. Have you worked at MDU Resources? MDU Resources Group, Inc. Marketing Contacts Contacts (5/13) Name Title State . [6] The damages totaled $17.2 million. Knife River generated $293 million of EBITDA in 2021. For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at [emailprotected]. 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 Subsidiaries to MDU Resources include Young Brothers Inc Contractors. We will diligently work through the separation process to ensure each company is optimized to deliver value for shareholders.. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. mdu resources group inc. mdu resources. $20 Hourly. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US.See if MDU Resources is hiring near you. It also provides cathodic protection and other energy-related services. We also use third-party cookies that help us analyze and understand how you use this website. 12 on list of top 600 specialty contractors. The cookie is used to store the user consent for the cookies in the category "Other. These cookies do not store any personal information. 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. 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. 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. Payment Locations - Montana-Dakota Utilities Company MDU Resources Group Corporate Headquarters, Office Locations and Addresses | Craft.co 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. 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. You must click the activation link in order to complete your subscription. Supervised and managed all personnel, work activities and . [10][11] Intermountain Gas Company, serving parts of Idaho, was acquired by MDU Resources in 2008. As of December 31, 2017, it served 142,901 residential, commercial, industrial, and municipal customers in 178 communities and adjacent rural areas. MDU Resources expects there will be no changes to its historic dividend practices through the completion of the spinoff. Intermountain is a subsidiary of MDU Resources Group, Inc., a multidimensional natural resources enterprise traded on the New York Stock Exchange as "MDU.". Our construction services bring power to communities and neighborhoods across the country. 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.". This site is NOT monitored 24 hours a day. 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. In addition, all pages on Bizapedia will be Both companies eventually realized the lawsuit was unproductive and they ceased litigation.[3]. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. Non-GAAP Financial Measures Mercury Insurance hiring Sr Process Analyst in Brea, California, United No assurance can be given regarding the form that a spinoff transaction may take or the specific terms or timing thereof, or that a spinoff will in fact occur. Loading. It has an unusually high proportion of employees who are members of the Republican Party, at 73.0%. Non-GAAP financial measures are not standardized; therefore, it may not be possible to compare such financial measures with other companies non-GAAP financial measures having the same or similar names. 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. Pay at MDU Resources is significantly lower than some of its highest paying competitors, like. 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]. 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. Fax: 701-323-3104. $4,900 to the Republican Party. The Natural Gas Distribution segment distributes natural gas and offers related value-added services. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. None of the information on this page has been provided or approved by MDU Resources. Overall MDU Resources is a great place to work with competitive salaries, leave time and other benefits. 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. 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. company profile page along with the rest of the general data. Since its first aggregate company acquisition in 1992, MDU Resources has built Knife River into a leading aggregates-based construction materials business. 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. How long have you been considering this? It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. Brea, CA. This cookie, set by Cloudflare, is used to support Cloudflare Bot Management. 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. Careers - MDU Resources Group Inc. Corporate Employee (Current Employee) - Bismarck, ND - January 17, 2014. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Communities Served North Dakota South Dakota Montana Wyoming It served approximately 938,867 residential, commercial, and industrial customers in 335 communities and adjacent rural areas. The companies have since partnered on two base-load power plants (Big Stone and Coyote). 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. These cookies will be stored in your browser only with your consent. Company Mdu Resources Group Inc. It also distributes cement and asphalt oil. Montana-Dakota Utilities Headquarters is located at 400 N. Fourth Street, Bismarck, ND 58501-4092. MDU Resources company charter does not require a shareholder vote to complete the transaction. MDU Resources generates $5.7B in revenue. We also use third-party cookies that help us analyze and understand how you use this website. The company was founded in 1924 and is based in Bismarck, North Dakota. For more information about MDU Resources, visit the company's website at www.mdu.com. 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 Group: Employee Directory | ZoomInfo.com MDU Resources Group, Inc. Company Profile - Dun & Bradstreet Based on our data team's research, David L. Goodin is the MDU Resources's CEO. Tim W. Harrington - Head of IT - Bestop, Inc. | LinkedIn About Us - Cascade Natural Gas Corporation 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. This will also involve communication with the various functional areas and assistance in the development of training programs. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. The staff at MDU Resources come from unusually diverse demographic backgrounds. Project Managers are responsible for planning, implementing, and managing projects. 1025 1250 W. Century Ave. Bismarck, ND 58501 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. What will happen to my outstanding stock? The company anticipates completing the strategic review in the first half of 2023. They ensure a project is completed on time and within budget. MDU Resources to discuss separation and second quarter 2022 financial results at 8:30 a.m. EDT today. MDU Resources Group, Inc. | LinkedIn 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. 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. Claiming and updating your company profile on Zippia is free and easy. 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. Forward-Looking StatementThe information in this release includes certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. MDU Resources Group,Inc., founded in 1924, utilizes natural gas and coal mines. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. [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.
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