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Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Main Telephone (866) 760-4852. 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. It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. On Nov. 3, MDU Resources announced it was undertaking a strategic review of its construction services business, MDU Construction Services Group, Inc. About MDU Resources Cascade is a subsidiary of MDU Resources Group, Inc., a multidimensional natural resources enterprise traded on the New York Stock Exchange as "MDU.". 1015 1200 W. Century Ave. Bismarck, ND 58503 Email MDU Construction Services Group, Inc. Tom Nosbusch 701-530-1352 1150 W. Century Ave. Bismarck, ND 58503 Email WBI Energy, Inc. Melinda Steckler 701-530-1025 or 800-437-8000, ext. At MDU Resources, we promise to treat your data with respect and will not share your information with any third party. These cookies do not store any personal information. Some of the competitors of MDU Resources are Portland General Electric, The Williams Companies, and Peabody Energy. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Your entire office will be able to use your search subscription. 02/21/2023. This cookie is set by GDPR Cookie Consent plugin. mdu resources group. Western National Group. It also provides cathodic protection and other energy-related services. Help us make this company more transparent. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. MDU Resources Group engages in the regulated energy delivery, construction materials and services businesses. Subsidiaries to MDU Resources include Young Brothers Inc Contractors. Statement of Changes in Beneficial Ownership. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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. This website uses cookies to improve your experience while you navigate through the website. The spinoff is expected to be completed during 2023, subject to customary closing conditions, including final approval by MDU Resources Board of Directors, receipt of a tax opinion, the filing and effectiveness of a Form 10 registration statement with the SEC and, if determined advisable, a private letter ruling from the IRS. 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. MDU Construction Services Group, Inc. is an industry-leading specialty contractor, We may use cookies and other similar technologies (together "cookies") to offer you a better web browsing experience and analyze usage. Knife River: Leading Vertically Integrated Aggregates Producer and Provider of Construction Materials and Contracting Services Focused on Organic and M&A Growth 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. The companys utilities provide affordable and reliable electric and natural gas service to 1.2 million customers across eight states. MDU Resources had announced on Aug. 4 its intent to separate Knife River as an independent, publicly traded company. Why isnt there a shareholder vote? Our customers are as varied as our experience. Rebecca Dorwart's job functions are Human Resources, Operations, Rebecca Dorwart's work email address is ***************@mdu.com, Rebecca Dorwart's LinkedIn profile can be found at, Rebecca Dorwart's work phone number (HQ) is +1 701-530-1***. 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. with up to 5 times the number of maximum matches per search vs. non-subscribers. The following table provides a reconciliation of consolidated GAAP net income to EBITDA for 2021. 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. 02/24/2023. All forward-looking statements in this news release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. 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 MDU Resources also announced today its second quarter financial results, which can be found on the companys website atwww.mdu.com. Unlike its neighboring utilities, MDU was generally not in the business of reselling energy at wholesale to other companies, with the exception of five Eastern Montana towns then served by the Mountain States Power Company. Post-spinoff, MDU Resources intends to maintain a policy consistent with its historic practices. Get email updates for new Senior Process Analyst jobs in Brea, CA. The presentation of this additional information is not meant to be considered a substitution for financial measures prepared in accordance with GAAP. Register for your account and get started with our industry leading people contacts search engine. This cookie is set by GDPR Cookie Consent plugin. The national average salary for an MDU Resources employee in the United States is $52,489 per year. 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. 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. Project Managers are responsible for planning, implementing, and managing projects. by Terry Hildestad. MDU Resources Group Corporate Headquarters, Office Locations and Addresses | Craft.co Nonetheless, actual results may differ materially from the projected results expressed in the forward-looking statements. Our Board of Directors regularly reviews opportunities to unlock value for our shareholders. For more information about MDU Resources, visit the company's website at www.mdu.com. 7% of MDU Resources employees are Hispanic or Latino. [8] Two additional lawsuits were filed against Loy Clark in December 2019. View original content to download multimedia. The distribution systems in these towns passed into MDU ownership by the early 1940s. The event can be accessed atwww.mdu.com. The largest donation made to a political party by an MDU Resources employee was 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. mdu resources group inc. mdu resources group. The cookie is used to store the user consent for the cookies in the category "Performance". Since its first aggregate company acquisition in 1992, MDU Resources has built Knife River into a leading aggregates-based construction materials business. Tailored capital allocation strategies: Each company will have enhanced flexibility to deploy capital to its specific growth opportunities. MDU Resources expects there will be no changes to its historic dividend practices through the completion of the spinoff. In 1985, the corporation realigned its operations under the name MDU Resources Group, Inc. These cookies will be stored in your browser only with your consent. The board and our management team are confident that MDU Resources and Knife River will be best positioned as two focused, independent companies. 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. [7] Additionally, OSHA cited and fined Loy Clark for safety violations as a result of this incident. It generated $78 million of EBITDA in 2021. 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. The company was founded in 1924 and is based in Bismarck, North Dakota. Annual Report. MDU Resources has 69 locations in the United States. MDU Resources got its start in 1924 as the Minnesota Northern Power Company. The separation will result in two independent, publicly traded and well . 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. 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. Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, On average, employees at MDU Resources stay with the company for 5.3 years. MDU 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. MDU Resources generates $5.7B in revenue. $4,900 to the Republican Party. 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. Non-GAAP Financial Measures Employee Directory. Get notified about new Senior Process Analyst jobs in Brea, CA. Our Customer Service Center can assist you with many account related requests, including checking balances, making payments, starting or stopping service, and much more. 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. Pay at MDU Resources is significantly lower than some of its highest paying competitors, like. Media Contact:Laura Lueder, MDU Resources manager of communications and public relations, 701-530-1095 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. The company strongly encourages investors to review the consolidated financial statements in their entirety and to not rely on any single financial measure. This cookie, set by Cloudflare, is used to support Cloudflare Bot Management. Montana-Dakota Utilities Headquarters is located at 400 N. Fourth Street, Bismarck, ND 58501-4092. These cookies track visitors across websites and collect information to provide customized ads. 4% of MDU Resources employees are Black or African American. These cookies do not store any personal information. MDU Resources Group,Inc., founded in 1924, utilizes natural gas and coal mines. 1150 W. Century Ave. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources.