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]. Your entire office will be able to use your search subscription. In just the past four years, it has completed 12 acquisitions and increased revenues 23%. 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. 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. The company believes these non-GAAP financial measures are useful to investors by providing meaningful information about operational efficiency compared to the companys peers by excluding the impacts of differences in tax jurisdictions and structures, debt levels and capital investment. 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. 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. As of December 31, 2017, it served 142,901 residential, commercial, industrial, and municipal customers in 178 communities and adjacent rural areas. 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. MDU Resources Group, Inc. All rights reserved. At MDU Resources, we promise to treat your data with respect and will not share your information with any third party. This will also involve communication with the various functional areas and assistance in the development of training programs. 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. MDU Resources employees are most likely to be members of the republican party. 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.. 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. Dennis W. Johnson, chair of MDU Resources board, said, The board regularly assesses MDU Resources business, operations and value creation opportunities. 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. 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 We work underground and overhead in the transmission and distribution industry. 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. Necessary cookies are absolutely essential for the website to function properly. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. Our services include natural gas and pipelineplacement, directional drilling, cable and duct plowing, hydroexcavation, and conduit and vault installation. MDU Resources Group, Inc. website Headquartered in Bismarck, ND, MDU Resources Group, Inc. is celebrating our 90th year of Building a Strong America with value-added natural resources products and related services that are essential to energy and transportation infrastructure. [10][11] Intermountain Gas Company, serving parts of Idaho, was acquired by MDU Resources in 2008. MDU Resources is an industry leader with 10,140 employees and an annual revenue of $5.7B that is headquartered in North Dakota. 18 Deep, 3Wide, 7Tall 4.5% Sales Tax will be applied For additional information, contact Jack VandeKop @ (605) 340-5256 The Natural Gas Distribution segment distributes natural gas and offers related value-added services. Nonetheless, actual results may differ materially from the projected results expressed in the forward-looking statements. The company's principal address . This is a growing company where the executive leadership really focuses on a work/life balance. 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. None of the information on this page has been provided or approved by MDU Resources. from 8 AM - 9 PM ET. Foshay interests this property today comprises Otter Tail Power's Bemidji division), the Eastern Montana Light & Power Company, centered around Sidney and Glendive, Montana, and the Eastern Montana Utilities Co., which was based in Fairview, Montana. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US. These cookies ensure basic functionalities and security features of the website, anonymously. Copyright 2022 MDU Resources Group, Inc.. All rights reserved. These cookies track visitors across websites and collect information to provide customized ads. How long have you been considering this? 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. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. 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. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. Subsidiaries to MDU Resources include Young Brothers Inc Contractors. 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! Click the link in the email we sent to to verify your email address and activate your job alert. MDU Resources generates $5.7B in revenue. Forward-Looking Statements MDU Resources expects the spinoff of Knife River will be complete in the second quarter of 2023. 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. The largest donation made to a political party by an MDU Resources employee was Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. 02/24/2023. Denver CO. An upstream oil and gas company part of the MDU Resources Group family of companies. It performs integrated contracting services. About Knife River 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. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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). The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. Will shareholders of both companies receive a regular dividend post-spinoff? Have you worked at MDU Resources? 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. The separation will result in two independent, publicly traded and well . You will love working at Western! Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. 7% of MDU Resources employees are Hispanic or Latino. 10-K. Overall MDU Resources is a great place to work with competitive salaries, leave time and other benefits. The cookie is used to store the user consent for the cookies in the category "Performance". 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. 4% of MDU Resources employees are Black or African American. Media Contact:Laura Lueder, MDU Resources manager of communications and public relations, 701-530-1095 You also have the option to opt-out of these cookies. Our construction services bring power to communities and neighborhoods across the country. 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. [9], Cascade Natural Gas Corporation, serving parts of Oregon and Washington, was acquired by MDU Resources in 2006. But opting out of some of these cookies may have an effect on your browsing experience. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates. Tailored capital allocation strategies: Each company will have enhanced flexibility to deploy capital to its specific growth opportunities. 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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. Cenergy International Services Employment, Basin Electric Power Cooperative Employment, CrossCountry Freight Solutions Employment, Heavy Equipment Operator MDU Resources Jobs, Apprentice Electrician MDU Resources Jobs. Our estimates are verified against BLS, Census, and current job openings data for accuracy. Amazing things happen when you're having fun and doing something you love. 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 cookie is set by GDPR Cookie Consent plugin. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. 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. To protect our site, we cannot process your request right now. Posted: January 31, 2023. Conference Call In 1992, it acquired its first aggregates-mining company in central California, and has continued to expand its construction materials business .