About Knife River These cookies track visitors across websites and collect information to provide customized ads. Analytical cookies are used to understand how visitors interact with the website. They ensure a project is completed on time and within budget. ESI, Inc. honored with industry Safety Achievement Award for outstanding injury and illness statistics Knife River Separation - MDU Resources Group Inc. MDU Resources board believes Knife River is poised to benefit from significant investments at the federal and local levels in infrastructure development and upgrades. Our electrical, mechanical and fire suppression services companies have deep experience in a wide variety of work across the country. The Construction Materials and Contracting segment mines, processes, and sells construction aggregates; produces and sells asphalt mix; and supplies ready-mixed concrete in the central, southern, and western United States, as well as Alaska and Hawaii. MDU Resources has retained J.P. Morgan Securities LLC and PJT Partners as financial advisors and Wachtell, Lipton, Rosen & Katz as legal advisor for the review. Employees at the parent company, MDU Resources, earn $52,489 whereas employees at Young Brothers Inc Contractors earn $51,612, on average. ESI, Inc. is headquartered in Cincinnati, Ohio, with locations in Dayton, Cleveland and Columbus. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. A strong infrastructure is the heart of our country's economy. 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.). Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. About Us - Montana-Dakota Utilities Company MDU Resources Expects Second Quarter Spinoff of Knife River Corp By continuing to use this application, you consent to the use of cookies in accordance with our. The staff at MDU Resources come from unusually diverse demographic backgrounds. 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 We provide industry leading services with a focus on safety. Necessary cookies are absolutely essential for the website to function properly. 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. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. 7% of MDU Resources employees are Hispanic or Latino. 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. Selecting the value will change the page content. Updates will be provided as the company moves toward completing the spinoff. Customer Service: 7:30 A.M. - 6:30 P.M. | Monday through Friday. 10-K. However, there's a significant range between the top 10 percent of earners and the bottom 10 percent of earners. USA. MDU Resources - Wikipedia Select Year: Filter filing type: Date Filing Type Filing Description Download / View. Loading. MDU Resources is a Fortune 1000 company with operations, customers and employees across the country. Financial Contact:Jason Vollmer, MDU Resources vice president and chief financial officer, 701-530-1755. You also have the option to opt-out of these cookies. We build complex, diverse projects for our customers and were always looking for team members to contribute to our success. 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. We will diligently work through the separation process to ensure each company is optimized to deliver value for shareholders.. Copyright 2022 MDU Resources Group, Inc.. All rights reserved. The separation is expected to be completed in 2023. In just the past four years, it has completed 12 acquisitions and increased revenues 23%. The cookie is used to store the user consent for the cookies in the category "Other. MDU Resources is an industry leader with 10,140 employees and an annual revenue of $5.7B that is headquartered in North Dakota. They ensure a project is completed on time and within budget. The event can be accessed atwww.mdu.com. About Us - Intermountain Gas Company This site is protected by reCAPTCHA and the Google. [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. 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. Rebecca Dorwart's peers at other companies are Kris Vosgerau, Craig Walz, Ryan Kuchenski, Shirley Curt, Tom Herman, Curtis Cross, Damien Craig, Karl Jones. MDU Resources expects there will be no changes to its historic dividend practices through the completion of the spinoff. Some of the competitors of MDU Resources are Portland General Electric, The Williams Companies, and Peabody Energy. In 2001, Knife River sold its remaining coal-mining interests. The company operates through five segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, and Construction Services. Guests; Log in; Career Center. We're dedicated to providing environmentally friendly and energy-efficient solutions that meet our clients technology and power requirements. None of the information on this page has been provided or approved by MDU Resources. Changes in such assumptions and factors could cause actual future results to differ materially. 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 The presentation of this additional information is not meant to be considered a substitution for financial measures prepared in accordance with GAAP. This is a growing company where the executive leadership really focuses on a work/life balance. For more information about MDU Resources, visitwww.mdu.comor contact the Investor Relations Department at[emailprotected]. It also provides cathodic protection and other energy-related services. Both companies eventually realized the lawsuit was unproductive and they ceased litigation.[3]. MDU Resources employees are most likely to be members of the Republican Party. The cookie is used to store the user consent for the cookies in the category "Performance". 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. MDU Resources Group, Inc. | Bismarck ND This website uses cookies to improve your experience while you navigate through the website. MDU Resources Announces Plan to Separate Knife River Our estimates are verified against BLS, Census, and current job openings data for accuracy. We are a nationwide provider of power line and telecommunication wire stringing equipment and related tools. This cookie, set by Cloudflare, is used to support Cloudflare Bot Management. But opting out of some of these cookies may affect your browsing experience. This category only includes cookies that ensures basic functionalities and security features of the website. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 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. 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. Bismarck, ND 58503, MDU Construction Services Group MDU Resources Group Corporate Headquarters, Office Locations and Addresses | Craft.co Knife River has a successful track record of growth. It is mandatory to procure user consent prior to running these cookies on your website. MDU Resources competitors include The Williams Companies, SandRidge Energy, Energy Transfer Solutions, Peabody Energy, Cenergy International Services, Kinder Morgan, Exelon, Portland General Electric, South Jersey Industries, Salt River Project, Octagon 88 Resources, DTE (Detroit Tool & Engineering), Green Mountain Power. MDU Resources Office Locations and Headquarters: Bismarck, ND Tim W. Harrington - Head of IT - Bestop, Inc. | LinkedIn Intermountain Natural Gas Headquarters is located at 555 S. Cole Road, Boise, ID 83709. 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 companies have since partnered on two base-load power plants (Big Stone and Coyote). Knife River: Leading Vertically Integrated Aggregates Producer and Provider of Construction Materials and Contracting Services Focused on Organic and M&A Growth But opting out of some of these cookies may have an effect on your browsing experience. As of December 31, 2017, it served 142,901 residential, commercial, industrial, and municipal customers in 178 communities and adjacent rural areas. Rebecca works for Mdu Resources Group Inc. Rebecca Dorwart has been with Mdu Resources Group Inc. for 6 months and is in Lower Management, Rebecca's role is Manager: Project Manager, Human Resources Special Projects Manager. mdu resources inc. The company's filing status is listed as Active and its File Number is 1981716. 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. Rebecca Dorwart has 6 months experience as Human Resources Special Projects Manager. Forward-Looking Statements Necessary cookies are absolutely essential for the website to function properly. Early history[ edit] MDU Construction Services Group, Inc. | Specialty Construction Services The USC Career Center is open - in person and online - as always, all of our services and resources are available to you, including advising, job and internship opportunities, programs, workshops, career fairs, and more. Conference Call 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. This category only includes cookies that ensures basic functionalities and security features of the website. This website uses cookies to improve your experience while you navigate through the website. The words believe, continue, could, expect, anticipate, intends, estimate, forecast, project, should, may, will, would or the negative thereof and similar expressions are intended to identify such forward-looking statements. We work underground and overhead in the transmission and distribution industry. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. The national average salary for an employee at MDU Resources Group is $55,677 per year, or $26.77 an hour. MDU Resources Group, Inc. Careers and Employment, US Get email updates for new Senior Process Analyst jobs in Brea, CA. 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. By continuing to use this application, you consent to the use of cookies in accordance with our. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates. Cenergy International Services Employment, Basin Electric Power Cooperative Employment, CrossCountry Freight Solutions Employment, Heavy Equipment Operator MDU Resources Jobs, Apprentice Electrician MDU Resources Jobs. MDU Resources Group,Inc., founded in 1924, utilizes natural gas and coal mines. MDU Resources is committed to establishing strong capital allocation strategies for each business that align with each businesss long-term goals. All forward-looking statements in this news release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. 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. 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. In addition, all pages on Bizapedia will be Employees at Portland General Electric earn more than most of the competition, with an average yearly salary of $79,561. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. View original content to download multimedia. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. These cookies do not store any personal information. 18 Deep, 3Wide, 7Tall 4.5% Sales Tax will be applied For additional information, contact Jack VandeKop @ (605) 340-5256 MDU Resources Group, Inc. Marketing Contacts Contacts (5/13) Name Title State . 12 on list of top 600 specialty contractors. For more information, visitwww.kniferiver.com. The separation will result in two independent, publicly traded and well capitalized companies, which the MDU Resources board believes will leave each positioned well for durable growth and shareholder value creation. The following table provides a reconciliation of consolidated GAAP net income to EBITDA for 2021. The distribution systems in these towns passed into MDU ownership by the early 1940s. You also have the option to opt-out of these cookies. 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 companys utilities provide affordable and reliable electric and natural gas service to 1.2 million customers across eight states. Our customers are as varied as our experience. Cyber Security Intern - Career Center | University of Southern California The company's common stock began trading on the New York Stock Exchange under the ticker symbol MDU in 1948. -Jenna Lyons. by Terry Hildestad. [8] Two additional lawsuits were filed against Loy Clark in December 2019. But opting out of some of these cookies may have an effect on your browsing experience. MDU Resources Group, Inc. | Bismarck ND - Facebook Looking for Montana-Dakota Utilities? Claiming and updating your company profile on Zippia is free and easy. The company strongly encourages investors to review the consolidated financial statements in their entirety and to not rely on any single financial measure. 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 . Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 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. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US.See if MDU Resources is hiring near you. Posted: January 31, 2023. After submitting your request, you will receive an activation email to the requested email address. MDU Resources Reports Third Quarter Earnings; Knife River Has Record Quarterly Revenue. 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). This site is NOT monitored 24 hours a day. MDU Resources is ranked #7 on the Best Companies to Work For in North Dakota list. Although MDU Resources believes that its expectations are based on reasonable assumptions, current expectations involve a number of risks and uncertainties. MDU Resources is in the electric power natural gas construction industry. These cookies ensure basic functionalities and security features of the website, anonymously. MDU Resources Group engages in the regulated energy delivery, construction materials and services businesses. if we've collected "Sales Lead Information" for a given company, it will be displayed on the The actual number of shares to be distributed to MDU Resources shareholders will be determined prior to closing, as will the specific transaction structure. These cookies will be stored in your browser only with your consent. Click Here. MDU Resources Group, Inc. | LinkedIn COMMERCIAL RESOURCES TAX GROUP, INC. in Brea, CA | Company Info Annual Report. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Our construction services bring power to communities and neighborhoods across the country. [7] Additionally, OSHA cited and fined Loy Clark for safety violations as a result of this incident. 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. Below youll find a list of the types of career opportunities you can find at Knife River. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. MDU Resources expects the spinoff of Knife River will be complete in the second quarter of 2023. 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. Why isnt there a shareholder vote? What approvals are required? 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. 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.