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The national average salary for an MDU Resources employee in the United States is $52,489 per year. On Nov. 3, MDU Resources announced it was undertaking a strategic review of its construction services business, MDU Construction Services Group, Inc. [10][11] Intermountain Gas Company, serving parts of Idaho, was acquired by MDU Resources in 2008. 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 . Posted: January 31, 2023. You also have the option to opt-out of these cookies. 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. But opting out of some of these cookies may affect your browsing experience. -Jenna Lyons. MDU Resources is committed to establishing strong capital allocation strategies for each business that align with each businesss long-term goals. The presentation of this additional information is not meant to be considered a substitution for financial measures prepared in accordance with GAAP. MDU Construction Services Group has resources across the country to get any job done. We build complex, diverse projects for our customers and we're always looking for team members to contribute to our success. MDU Construction Services Group provides market-leading specialty contracting services across the U.S., primarily electrical and mechanical, and transmission and distribution services. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. 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. We're dedicated to providing environmentally friendly and energy-efficient solutions that meet our clients technology and power requirements. Company Mdu Resources Group Inc. [8] Two additional lawsuits were filed against Loy Clark in December 2019. This cookie is set by GDPR Cookie Consent plugin. The staff at MDU Resources come from unusually diverse demographic backgrounds. 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. You will love working at Western! 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. In 2001, Knife River sold its remaining coal-mining interests. It also provides cathodic protection and other energy-related services. MDU Resources Group,Inc., founded in 1924, utilizes natural gas and coal mines. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. For more information about MDU Resources, visit the company's website at www.mdu.com. Some of Rebecca Dorwart's colleagues are Mark Haag, Korey Fried, Eric Hope, Ben Morrison, Amanda Kadrmas, Ron Kutzler, Sheri Berogan, Christy Dirk-senn. 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. Rebecca Dorwart's peers at other companies are Kris Vosgerau, Craig Walz, Ryan Kuchenski, Shirley Curt, Tom Herman, Curtis Cross, Damien Craig, Karl Jones. 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 Bismarck, ND 58501-4092, 2023 MDU Construction Services Group, Inc.. All rights reserved. by Terry Hildestad. Knife River has a successful track record of growth. Click the link in the email we sent to to verify your email address and activate your job alert. Copyright 2022 MDU Resources Group, Inc.. All rights reserved. After submitting your request, you will receive an activation email to the requested email address. Guests; Log in; Career Center. Montana-Dakota Utilities Headquarters is located at 400 N. Fourth Street, Bismarck, ND 58501-4092. 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. 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. Based on our data team's research, David L. Goodin is the MDU Resources's CEO. 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. Advisors Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. We expect this distribution to be tax free to MDU Resources and its shareholders for U.S. federal income tax purposes. MDU Resources and Knife Rivers proven management teams will be able to more directly focus resources and capital to achieve their respective strategic goals, Goodin said. 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! If you experience any issues with this process, please contact us for further assistance. Enter the location for your project and choose the product youd like. 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. 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). 1025 1250 W. Century Ave. Bismarck, ND 58501 COMMERCIAL RESOURCES TAX GROUP, INC. is a California Stock Corporation - Ca - General filed on April 1, 1997. Nonetheless, actual results may differ materially from the projected results expressed in the forward-looking statements. 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. MDU Resources Group corporate office is located in 1200 W Century Ave, Bismarck, North Dakota, 58503, United States and has 791 employees. A strong infrastructure is the heart of our country's economy. Knife River is always looking for good people to join our team. 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. Establishes Knife River as a stand-alone, aggregates-based, vertically integrated construction materials and contracting provider. They ensure a project is completed on time and within budget. Search Keywords. MDU Resources Locations Bismarck, ND HQ Hiring Albany, OR Beaumont, TX Belgrade, MT Bemidji, MN Bend, OR Billings, MT Hiring Bremerton, WA Bryan, TX Burleson, TX Casper, WY Central Point, OR The company strongly encourages investors to review the consolidated financial statements in their entirety and to not rely on any single financial measure. This site is NOT monitored 24 hours a day. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. Denver CO. An upstream oil and gas company part of the MDU Resources Group family of companies. Our construction services bring power to communities and neighborhoods across the country. The Oregon Public Utility Commission faulted MDU subsidiary[4][5] Loy Clark for the 2016 Portland gas explosion that leveled a building, sent asbestos fragments flying, damaged numerous buildings and injured eight people. 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. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. [7] Additionally, OSHA cited and fined Loy Clark for safety violations as a result of this incident. Pay at MDU Resources is significantly lower than some of its highest paying competitors, like. Full-Time. It also distributes cement and asphalt oil. Phone: 800-638-3278. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. with up to 5 times the number of maximum matches per search vs. non-subscribers. Our Customer Service Center can assist you with many account related requests, including checking balances, making payments, starting or stopping service, and much more. 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. 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. The cookies is used to store the user consent for the cookies in the category "Necessary". MDU Resources will discuss todays separation announcement as well as its second quarter results during a webcast at 8:30 a.m. EDT Aug. 4, 2022. Employees at Portland General Electric earn more than most of the competition, with an average yearly salary of $79,561. We believe the spinoff will create many compelling benefits, including: With a successful track record of organic and M&A-driven growth, we have built Knife River into a leading aggregates-based construction materials business. 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. Necessary cookies are absolutely essential for the website to function properly. The average employee at MDU Resources makes $52,489 per year. Terry Hildestad donated About Knife River For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at [emailprotected]. 79 were here. 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. MDU Resources to discuss separation and second quarter 2022 financial results at 8:30 a.m. EDT today. Enhances MDU Resources strategic focus on regulated utilities, natural gas pipelines and related infrastructure services. As of December 31, 2017, it served 142,901 residential, commercial, industrial, and municipal customers in 178 communities and adjacent rural areas. Despite its diversity in other areas, MDU Resources employees are noticeably lacking in political diversity. It also distributes cement and asphalt oil. The Registered Agent on file for this company is Linda Beery and is located at 3020 Saturn Street Suite 101, Brea, CA 92821. [6] The damages totaled $17.2 million. See if MDU Resources is hiring near you. 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. By continuing to use this application, you consent to the use of cookies in accordance with our. The company anticipates completing the strategic review in the first half of 2023. The cookie is used to store the user consent for the cookies in the category "Analytics". The national average salary for an employee at MDU Resources Group is $55,677 per year, or $26.77 an hour. It is headquartered in Bismarck, North Dakota, and operates in 48 states. The Company's Electric segment generates, transmits, and distributes electricity. 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. Knife River generated $293 million of EBITDA in 2021. 18 Deep, 3Wide, 7Tall 4.5% Sales Tax will be applied For additional information, contact Jack VandeKop @ (605) 340-5256 If you are in need of enterprise level search, please consider signing up for a Bizapedia Pro Search account as described on this page. 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. It generated $321 million of EBITDA in 2021. 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, ND 58503, MDU Construction Services Group 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Select Year: Filter filing type: Date Filing Type Filing Description Download / View. Tailored capital allocation strategies: Each company will have enhanced flexibility to deploy capital to its specific growth opportunities. 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. You can unsubscribe from these emails at any time. The company was founded in 1924 and is based in Bismarck, North Dakota. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Creates financial and strategic flexibility for each company to focus on core business opportunities. MDU Resources had announced on Aug. 4 its intent to separate Knife River as an independent, publicly traded company. 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. 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. Intermountain Natural Gas Headquarters is located at 555 S. Cole Road, Boise, ID 83709. Financial Contact:Jason Vollmer, MDU Resources vice president and chief financial officer, 701-530-1755. Here are further demographic highlights of the leadership team: The MDU Resources executive team is 29% female and 71% male. In addition, all pages on Bizapedia will be By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. While the highest-paid employees at MDU Resources Group can earn over $92,000 a year, the lowest-paid employees earn less than . In addition, Bismarck, ND 58506. Looking for Montana-Dakota Utilities? These cookies will be stored in your browser only with your consent. Best Companies to Work For in North Dakota, Best Energy Companies to Work For in North Dakota, Best Companies to Work For in Bismarck, ND, Best Energy Companies to Work For in Bismarck, ND, Working At DTE (Detroit Tool & Engineering), Working At Centennial Energy Resources LLC, MDU Resources Heavy Equipment Operator Jobs, MDU Resources Apprentice Electrician Jobs. Annual Report. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. 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 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.. About MDU Resources 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. MDU Resources Group, Inc. Anne Jones 701-530-1015 or 800-437-8000, ext. 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. Click Here. 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. Loading. 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.". Jan 2004 - Mar 201511 years 3 months. Western National Group. The company's filing status is listed as Active and its File Number is 1981716. Optimized capital structures: Each company will benefit from distinct capital structures and financial policies tailored to their separate business profiles and needs. $20 Hourly. 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. It generated $78 million of EBITDA in 2021. Messages will be read and responded to as soon as. company profile page along with the rest of the general data. We are a nationwide provider of power line and telecommunication wire stringing equipment and related tools. Brea, CA. Dennis W. Johnson, chair of MDU Resources board, said, The board regularly assesses MDU Resources business, operations and value creation opportunities. MDU Resources Group is traded on the New York Stock Exchange as "MDU." For more information about MDU Resources, visit the company's website at www.mdu.com. These cookies do not store any personal information. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. You can sign up for additional alert options at any time. Analytical cookies are used to understand how visitors interact with the website. It is expected that MDU Resources shareholders will retain their current shares of MDU Resources stock and also receive a pro rata distribution of shares of Knife River stock in a transaction that is expected to be tax free. Updates will be provided as the company moves toward completing the spinoff. It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. 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. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. MDU Resources generates $5.7B in revenue. [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. This is a growing company where the executive leadership really focuses on a work/life balance. MDU Resources Group, Inc. All rights reserved. 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).