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[2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. After extensive research and analysis, Zippia's data science team found that: 38% of MDU Resources employees are women, while 62% are men. Necessary cookies are absolutely essential for the website to function properly. SEC Filings. The cookie is used to store the user consent for the cookies in the category "Other. The average employee at MDU Resources makes $52,489 per year. 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. Cyber Security Intern - Career Center | University of Southern California 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]. 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 group. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. Skip to content Skip to main nav. served to you completely ad free and you will be granted access to view every profile in its entirety, even Knife River Separation - MDU Resources Group Inc. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. MDU Resources is ranked #7 on the Best Companies to Work For in North Dakota list. When is the spinoff expected to be completed? Below youll find a list of the types of career opportunities you can find at Knife River. These cookies track visitors across websites and collect information to provide customized ads. The companys utilities provide affordable and reliable electric and natural gas service to 1.2 million customers across eight states. 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 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. Shortly after passage of the Public Utility Holding Company Act of 1935 (PUHCA), Heskett reorganized all the gas and electric subsidiaries of Minnesota Northern Power under a new name Montana-Dakota Utilities. We expect this transaction to create significant value for our shareholders and believe it will enable us to achieve attractive shareholder returns at both companies, Goodin said. MDU Resources Group, Inc. Company Profile - Dun & Bradstreet -Jenna Lyons. 10-K. 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 1985, the corporation realigned its operations under the name MDU Resources Group, Inc. Optimized capital structures: Each company will benefit from distinct capital structures and financial policies tailored to their separate business profiles and needs. Creates financial and strategic flexibility for each company to focus on core business opportunities. These factors include, but are not limited to, risks relating to the impact of the COVID-19 pandemic on the business (including impacts on employees and contractors and disruptions to operations and the supply chain); new or changing laws and regulations impacting the business (including changes in pipeline safety regulations and environmental law); supply chain disruptions (including price fluctuations and supply of materials necessary for operations); the adverse impact of cyberattacks on operations; competitive factors including technological advances and customer demands; pricing and market pressures; ability to successfully integrate any businesses acquired; issuance of new or revised accounting standards; risks associated with the impact, timing or terms of the spinoff; risks associated with the expected benefits and costs of the spinoff, including the risk that the expected benefits of the spinoff will not be realized within the expected timeframe, in full or at all, and the risk that conditions to the spinoff will not be satisfied and/or that the spinoff will not be completed within the expected timeframe, on the expected terms or at all; the expected qualification of the spinoff as a tax-free transaction for U.S. federal income tax purposes, including whether or not an IRS ruling will be sought or obtained; the risk that any consents or approvals required in connection with the spinoff will not be received or obtained within the expected timeframe, on the expected terms or at all; risks associated with expected financing transactions undertaken in connection with the spinoff and risks associated with indebtedness incurred in connection with the spinoff; the risk that dis-synergy costs, costs of restructuring transactions and other costs incurred in connection with the spinoff will exceed estimates; and the impact of the spinoff on the businesses and the risk that the spinoff may be more difficult, time consuming or costly than expected, including the impact on resources, systems, procedures and controls, diversion of managements attention and the impact on relationships with customers, suppliers, employees and other business counterparties, as well as the various important factors listed in Part I, Item 1A Risk Factors in MDU Resources Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2021, which was filed with the SEC on Feb. 23, 2022, and subsequent filings with the SEC. MDU Resources Group, Inc. Careers and Employment, US MDU Resources Group, Inc. (MDU) Q4 2022 Earnings Call Transcript The staff at MDU Resources come from unusually diverse demographic backgrounds. Tailored capital allocation strategies: Each company will have enhanced flexibility to deploy capital to its specific growth opportunities. United States, North Dakota, Bismarck, Utilities, Oil & Energy, Information Technology & Services. The company was founded in 1924 and is based in Bismarck, North Dakota. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. Jan 2004 - Mar 201511 years 3 months. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The Company's Electric segment generates, transmits, and distributes electricity. Based on our data team's research, David L. Goodin is the MDU Resources's CEO. By continuing to use this application, you consent to the use of cookies in accordance with our. The national average salary for an MDU Resources employee in the United States is $52,489 per year. MDU Resources Group Corporate Headquarters, Office Locations and Addresses | Craft.co Knife River is always looking for good people to join our team. 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. 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. The company is 37.8% female and 18.4% ethnic minorities. MDU Resources Surplus Auction - Cabinet MDU Resources Announces Plan to Separate Knife River "Our strategic review of our construction services business also is well underway. 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. The companies have since partnered on two base-load power plants (Big Stone and Coyote). MDU Resources is in the electric power natural gas construction industry. View original content to download multimedia. Working at MDU Resources Group, Inc.: 8 Reviews - Indeed MDU Resources is an industry leader with 10,140 employees and an annual revenue of $5.7B that is headquartered in North Dakota. with up to 5 times the number of maximum matches per search vs. non-subscribers. It does not store any personal data. Updates will be provided as the company moves toward completing the spinoff. The cookie is used to store the user consent for the cookies in the category "Performance". Brea, CA. What will happen to my outstanding stock? For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at [emailprotected]. Our most recent assessment determined that a separation of Knife River could unlock significant value. With approximately 98% of WBI Energys EBITDA coming from regulated business, it is focused on growing this business through pipeline expansion projects. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. Establishes Knife River as a stand-alone, aggregates-based, vertically integrated construction materials and contracting provider. We will diligently work through the separation process to ensure each company is optimized to deliver value for shareholders.. 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. Full-Time. You must click the activation link in order to complete your subscription. 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. 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. USA. 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. 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. Montana-Dakota Utilities Headquarters is located at 400 N. Fourth Street, Bismarck, ND 58501-4092. How long have you been considering this? 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 is headquartered in Bismarck, ND and has 69 office locations located throughout the US.See if MDU Resources is hiring near you. 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. The presentation of this additional information is not meant to be considered a substitution for financial measures prepared in accordance with GAAP. Founded in 1966, ESI, Inc. is part of the MDU Resources family of companies. 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. As of December 31, 2017, it served 142,901 residential, commercial, industrial, and municipal customers in 178 communities and adjacent rural areas. 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. With respect to forward-looking statements contained herein, a number of factors could cause actual outcomes to vary materially. 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. Careers - MDU Resources Group Inc. MDU Resources Reports Third Quarter Earnings; Knife River Has Record Quarterly Revenue. 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. Posted: January 31, 2023. 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. Executive Summary. 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. Compelling Benefits of the Separation 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. The Registered Agent on file for this company is Linda Beery and is located at 3020 Saturn Street Suite 101, Brea, CA 92821. Project Managers are responsible for planning, implementing, and managing projects. if the company chooses to hide the private information on their profile from the general public. Media Contact:Laura Lueder, MDU Resources manager of communications and public relations, 701-530-1095 MDU Resources expects approximately 70% of its pro forma EBITDA to be generated from its regulated businesses, providing low-risk, stable returns to shareholders. Cascade Natural Gas Corporation Headquarters is located at 8113 West Grandridge Boulevard, Kennewick . However, there's a significant range between the top 10 percent of earners and the bottom 10 percent of earners. In the late 1960s, MDU partnered with NWPS and Otter Tail Power in the construction of the Big Stone power plant near Big Stone City, South Dakota. Intermountain Natural Gas Headquarters is located at 555 S. Cole Road, Boise, ID 83709. None of the information on this page has been provided or approved by MDU Resources. MDU Resources has 10,140 employees, of which 24 are in a leadership position. 4. Tim W. Harrington - Head of IT - Bestop, Inc. | LinkedIn MDU Resources Group, Inc. is a power company based in Bismarck, ND. Bismarck, ND 58506. MDU Resources also announced today its second quarter financial results, which can be found on the companys website atwww.mdu.com. Since MDU Resources first aggregate company acquisition in 1992, weve built Knife River into a leading aggregates-based construction materials business. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. Help us make this company more transparent. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States. To protect our site, we cannot process your request right now. MDU Construction Services Group provides market-leading specialty contracting services across the U.S., primarily electrical and mechanical, and transmission and distribution services. Select Year: Filter filing type: Date Filing Type Filing Description Download / View. Sign in to create your job alert for Senior Process Analyst jobs in Brea, CA. See if MDU Resources is hiring near you. Who is MDU Resources Group Headquarters 1200 W Century Ave, Bismarck, North Dakota, 58503, United States Phone Number (701) 530-1000 Website www.mdu.com Revenue $5.9B Stock Symbol MDU Industry Electricity, Oil & Gas Energy, Utilities & Waste Treatment MDU Resources Group's Social Media Is this data correct? Since its first aggregate company acquisition in 1992, MDU Resources has built Knife River into a leading aggregates-based construction materials business. No. Our construction services bring power to communities and neighborhoods across the country. 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. Bismarck, ND 58503, MDU Construction Services Group 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. 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. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US. Necessary cookies are absolutely essential for the website to function properly. 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. The company was founded in 1924 as a small electric utility serving a handful of farm communities on the border of Montana and North Dakota. Locations 1200 W. Century Ave. Bismarck, ND 58503, US Get directions Employees at MDU Resources Group, Inc. Steve Held Vladimir Terzic Harry Pearce Laura Lueder Manager of Communications and. 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.. Messages will be read and responded to as soon as. By the 1960s it was decided that the company's headquarters should be located within its service territory, in Bismarck, the largest town on the system, and the relocation was completed in 1968. 1025 1250 W. Century Ave. Bismarck, ND 58501 MDU Resources is a Fortune 1000 company with operations, customers and employees across the country. We are always looking at our business mix for opportunities to enhance shareholder value. Analytical cookies are used to understand how visitors interact with the website. Despite its diversity in other areas, MDU Resources employees are noticeably lacking in political diversity. Looking for Montana-Dakota Utilities? In addition, MDU Resources is committed to establishing strong capital allocation strategies for each business that align with each businesss long-term goals. You also have the option to opt-out of these cookies. By continuing to use this application, you consent to the use of cookies in accordance with our. Our expertise includes refinery and plant construction and maintenance, as well as automotive, renewable energy and steel facility installations and maintenance. Claiming and updating your company profile on Zippia is free and easy. They ensure a project is completed on time and within budget. 02/24/2023. [9], Cascade Natural Gas Corporation, serving parts of Oregon and Washington, was acquired by MDU Resources in 2006. MDU Resources Group: Employee Directory | ZoomInfo.com This cookie is set by GDPR Cookie Consent plugin. MDU Resources Leadership: Executives and Demographics - Zippia 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. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. At MDU Resources, we promise to treat your data with respect and will not share your information with any third party. Our services include natural gas and pipelineplacement, directional drilling, cable and duct plowing, hydroexcavation, and conduit and vault installation. On average, employees at MDU Resources stay with the company for 5.3 years. 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 The company's common stock began trading on the New York Stock Exchange under the ticker symbol MDU in 1948. 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! 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. Copyright 2022 MDU Resources Group, Inc.. All rights reserved. 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. 12 on list of top 600 specialty contractors. MDU Resources Jobs in March, 2023 (Hiring Now!) - Zippia These cookies do not store any personal information. 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 Knife River: Leading Vertically Integrated Aggregates Producer and Provider of Construction Materials and Contracting Services Focused on Organic and M&A Growth This cookie is set by GDPR Cookie Consent plugin. On Nov. 3, MDU Resources announced it was undertaking a strategic review of its construction services business, MDU Construction Services Group, Inc. 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 Home - MDU Resources Group Inc. This will also involve communication with the various functional areas and assistance in the development of training programs.