mdu resources group locations

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. Compelling Benefits of the Separation By continuing to use this application, you consent to the use of cookies in accordance with our, Behnken named to national Innovation Institute, General foreman puts stop the bleed training into practice, saves mans life, MDU Resources Reports Third Quarter Earnings; Board Authorizes Strategic Review for MDU Construction Services Group, MDU Construction Services Group ranks No. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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 MDU Resources's mission statement is "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.". The national average salary for an MDU Resources employee in the United States is $52,489 per year. Spinoff of Knife River expected to unlock significant shareholder value. 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. 02/24/2023. Rebecca Dorwart has 6 months experience as Human Resources Special Projects Manager. MDU Resources is ranked #7 on the Best Companies to Work For in North Dakota list. It generated $169 million of EBITDA in 2021. The company was founded in 1924 and is based in Bismarck, North Dakota. 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. It is headquartered in Bismarck, North Dakota, and operates in 48 states. In addition, all pages on Bizapedia will be J.P. Morgan Securities LLC and PJT Partners are serving as financial advisors for the transaction; Wachtell, Lipton, Rosen & Katz is serving as legal advisor. 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. 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. 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. The companys utilities provide affordable and reliable electric and natural gas service to 1.2 million customers across eight states. 02/21/2023. The Registered Agent on file for this company is Linda Beery and is located at 3020 Saturn Street Suite 101, Brea, CA 92821. Corporate Employee (Current Employee) - Bismarck, ND - January 17, 2014. It also provides cathodic protection and other energy-related services. Second Quarter 2022 Financial Results The largest donation made to a political party by an MDU Resources employee was The company's common stock began trading on the New York Stock Exchange under the ticker symbol MDU in 1948. 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. [6] The damages totaled $17.2 million. Some of Rebecca Dorwart's colleagues are Mark Haag, Korey Fried, Eric Hope, Ben Morrison, Amanda Kadrmas, Ron Kutzler, Sheri Berogan, Christy Dirk-senn. How will this impact MDU Resources current quarterly dividend? "Our strategic review of our construction services business also is well underway. 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. 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. The separation will result in two independent, publicly traded and well . Throughout this news release, MDU Resources presents financial information prepared in accordance with GAAP, as well as Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA), which is considered a non-GAAP financial measure. We are sorry, but your computer or network may be sending automated queries. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. The cookies is used to store the user consent for the cookies in the category "Necessary". served to you completely ad free and you will be granted access to view every profile in its entirety, even 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. The average employee at MDU Resources makes $52,489 per year. 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. Help other job seekers by rating MDU Resources. 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. Western National Group. 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. 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***. It performs integrated contracting services. Our estimates are verified against BLS, Census, and current job openings data for accuracy. This cookie is set by GDPR Cookie Consent plugin. MDU Resources Group engages in the regulated energy delivery, construction materials and services businesses. Overall MDU Resources is a great place to work with competitive salaries, leave time and other benefits. 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. 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. How long have you been considering this? Our services include natural gas and pipelineplacement, directional drilling, cable and duct plowing, hydroexcavation, and conduit and vault installation. 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. 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. 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. COMMERCIAL RESOURCES TAX GROUP, INC. is a California Stock Corporation - Ca - General filed on April 1, 1997. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. Register for your account and get started with our industry leading people contacts search engine. Careers Featured projects Our customers are as varied as our experience. 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. The event can be accessed atwww.mdu.com. Phone: 800-638-3278. 12 on list of top 600 specialty contractors. For more information about MDU Resources, visit the company's website at www.mdu.com. 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. 1150 W. Century Ave. Mahmoud Siddig, Joele Frank, Wilkinson Brimmer Katcher, 212-355-4449 When is the spinoff expected to be completed? We also use third-party cookies that help us analyze and understand how you use this website. 4. Address: 1200 W Century Ave Bismarck, ND, 58503-0911 United States See other locations Phone: Website: www.mdu.com Employees (this site): Actual Employees (all sites): Actual Revenue: $5.68 billion Actual Sales Growth: 2.67% Net Income Growth: -3.09% Assets: $8,910 Fiscal Year End: DEC Year Started: Stock Exchange: NYSE:MDU ESG ranking: You also have the option to opt-out of these cookies. 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. When will Knife River shares be distributed? This cookie is set by GDPR Cookie Consent plugin. The two 'Eastern Montana' utilities became the nucleus of Montana-Dakota Utilities' operations. MDU Resources had announced on Aug. 4 its intent to separate Knife River as an independent, publicly traded company. Founded in 1966, ESI, Inc. is part of the MDU Resources family of companies. from 8 AM - 9 PM ET. 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. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. 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. MDU Resources Group Corporate Headquarters, Office Locations and Addresses | Craft.co Executive Summary. 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. Despite its diversity in other areas, MDU Resources employees are noticeably lacking in political diversity. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. The cookie is used to store the user consent for the cookies in the category "Other. Knife River: Leading Vertically Integrated Aggregates Producer and Provider of Construction Materials and Contracting Services Focused on Organic and M&A Growth Communities Served North Dakota South Dakota Montana Wyoming 5 on 2022 EC&M Top 50 Electrical Contractors List, Your specialty contracting services provider. ESI, Inc. honored with industry Safety Achievement Award for outstanding injury and illness statistics Click Here. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. They ensure a project is completed on time and within budget. For more information about MDU Resources, visitwww.mdu.comor contact the Investor Relations Department at[emailprotected]. The staff at MDU Resources come from unusually diverse demographic backgrounds. The Pipeline and Midstream segment provides natural gas transportation, underground storage, and gathering services primarily in the Rocky Mountain and northern Great Plains regions. Enter the location for your project and choose the product youd like. Changes in such assumptions and factors could cause actual future results to differ materially. At MDU Resources, we promise to treat your data with respect and will not share your information with any third party. By continuing to use this application, you consent to the use of cookies in accordance with our. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. 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. 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. [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. Selecting the value will change the page content. I am an MDU Resources shareholder. The actual number of shares to be distributed to MDU Resources shareholders will be determined prior to closing, as will the specific transaction structure. Knife River, which provides construction materials and contracting services throughout the western, central and southern United States, also will remain headquartered in Bismarck. 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 board and our management team are confident that MDU Resources and Knife River will be best positioned as two focused, independent companies. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. 400 N. Fourth St. 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. 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. We provide industry leading services with a focus on safety. About MDU Resources 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.

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