Project Manager at Mdu Resources Group Inc. Project Managers are responsible for planning, implementing, and managing projects. 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.. How long have you been considering this? None of the information on this page has been provided or approved by MDU Resources. Some of the competitors of MDU Resources are Portland General Electric, The Williams Companies, and Peabody Energy. The actual number of shares to be distributed to MDU Resources shareholders will be determined prior to closing, as will the specific transaction structure. Western National Group. Have you worked at MDU Resources? If you experience any issues with this process, please contact us for further assistance. The average employee at MDU Resources makes $52,489 per year. with up to 5 times the number of maximum matches per search vs. non-subscribers. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. 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: We may use cookies and other similar technologies (together "cookies") to offer you a better web browsing experience and analyze usage. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. The cookie is used to store the user consent for the cookies in the category "Other. MDU Resources Group, Inc. is a power company based in Bismarck, ND. How did this transaction come about? The separation will result in two independent, publicly traded and well . This site is NOT monitored 24 hours a day. Employee Directory. MDU Resources Reports Third Quarter Earnings; Knife River Has Record Quarterly Revenue. 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. Establishes Knife River as a stand-alone, aggregates-based, vertically integrated construction materials and contracting provider. Careers Featured projects Our customers are as varied as our experience. The company anticipates completing the strategic review in the first half of 2023. 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. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. MDU Resources is a Fortune 1000 company with operations, customers and employees across the country. With approximately 98% of WBI Energys EBITDA coming from regulated business, it is focused on growing this business through pipeline expansion projects. The distribution systems in these towns passed into MDU ownership by the early 1940s. But opting out of some of these cookies may have an effect on your browsing experience. Our expertise includes refinery and plant construction and maintenance, as well as automotive, renewable energy and steel facility installations and maintenance. At MDU Resources, we promise to treat your data with respect and will not share your information with any third party. "With the substantial progress we have made, we are expecting the spinoff of Knife River to be complete in the second quarter of 2023," said David L. Goodin, president and CEO of MDU Resources. The cookie is used to store the user consent for the cookies in the category "Analytics". Search Keywords. Our customers are as varied as our experience. Rebecca Dorwart has 6 months experience as Human Resources Special Projects Manager. Analytical cookies are used to understand how visitors interact with the website. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. When will Knife River shares be distributed? 67% of the management team is White. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. 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. To protect our site, we cannot process your request right now. MDU Resources generates $5.7B in revenue. mdu resources group. 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. See if MDU Resources is hiring near you. These cookies track visitors across websites and collect information to provide customized ads. MDU Construction Services Group provides market-leading specialty contracting services across the U.S., primarily electrical and mechanical, and transmission and distribution services. 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. MDU Resources has 10,140 employees, of which 24 are in a leadership position. MDU Resources Group engages in the regulated energy delivery, construction materials and services businesses. 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. 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. Tailored capital allocation strategies: Each company will have enhanced flexibility to deploy capital to its specific growth opportunities. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. The cookie is used to store the user consent for the cookies in the category "Performance". 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. Supervised and managed all personnel, work activities and . You will love working at Western! [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. Project Managers are responsible for planning, implementing, and managing projects. MDU Resources expects there will be no changes to its historic dividend practices through the completion of the spinoff. 1025 1250 W. Century Ave. Bismarck, ND 58501 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. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. The most common ethnicity at MDU Resources is White (82%). The company is 37.8% female and 18.4% ethnic minorities. While the highest-paid employees at MDU Resources Group can earn over $92,000 a year, the lowest-paid employees earn less than . 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. This will also involve communication with the various functional areas and assistance in the development of training programs. In 1985, the corporation realigned its operations under the name MDU Resources Group, Inc. Spinoff of Knife River expected to unlock significant shareholder value. Communities Served North Dakota South Dakota Montana Wyoming 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. We build complex, diverse projects for our customers and we're always looking for team members to contribute to our success. These cookies do not store any personal information. Necessary cookies are absolutely essential for the website to function properly. Out of these, 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 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. After the end of the lawsuit, MDU refocused on the growing demand for electricity and gas within its newly expanded territory and the necessary system improvements. We are always looking at our business mix for opportunities to enhance shareholder value. 1150 W. Century Ave. You also have the option to opt-out of these cookies. 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. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. 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. Despite its diversity in other areas, MDU Resources employees are noticeably lacking in political diversity. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US.See if MDU Resources is hiring near you. Why isnt there a shareholder vote? MDU Construction Services Group employs more than 7,500 skilled employees across the country. By continuing to use this application, you consent to the use of cookies in accordance with our. Cascade Natural Gas Corporation Headquarters is located at 8113 West Grandridge Boulevard, Kennewick . Knife River has a successful track record of growth. Both companies eventually realized the lawsuit was unproductive and they ceased litigation.[3]. You can save your resume and apply to jobs in minutes on LinkedIn, Head of Sales - Clinical Screening Software Solutions & Partnerships, Ban Mu Thi 10 Moo 10, Pathum Thani, Thailand, Audio QA Checker (Suouth Levantine Arabic Speakers) in Palestine, Voice of Customer and Offering Excellence Lead , CrossLab Services Center of Excellence, Manager, Transition Management Onboarding, See who Mercury Insurance has hired for this role, Assist in process documentation/workflows and apply knowledge to analyze business and system procedures/workflow/data and recommend how they can be improved or automated, Assist in debugging production issues and performing User Acceptance Testing for Product/Rate Level changes across different platforms, Assist with implementation, training, and monitoring of product rollout, Work with cross-functional teams as the representative of the Product group. Compelling Benefits of the Separation Our construction services bring power to communities and neighborhoods across the country. It also provides cathodic protection and other energy-related services. 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. 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. Analytical cookies are used to understand how visitors interact with the website. MDU Resources also announced today its second quarter financial results, which can be found on the companys website atwww.mdu.com. It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. They ensure a project is completed on time and within budget. MDU Construction Services Group employs more than 7,500 skilled employees across the country. Second Quarter 2022 Financial Results Mahmoud Siddig, Joele Frank, Wilkinson Brimmer Katcher, 212-355-4449 Denver CO. An upstream oil and gas company part of the MDU Resources Group family of companies. 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. In 2001, Knife River sold its remaining coal-mining interests. Company Mdu Resources Group Inc. ESI, Inc. is headquartered in Cincinnati, Ohio, with locations in Dayton, Cleveland and Columbus. Employees at the parent company, MDU Resources, earn $52,489 whereas employees at Young Brothers Inc Contractors earn $51,612, on average. 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. Nonetheless, actual results may differ materially from the projected results expressed in the forward-looking statements. Messages will be read and responded to as soon as. These cookies will be stored in your browser only with your consent. The presentation of this additional information is not meant to be considered a substitution for financial measures prepared in accordance with GAAP. 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. This cookie is set by GDPR Cookie Consent plugin. MDU Resources is in the electric power natural gas construction industry. 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. It served approximately 938,867 residential, commercial, and industrial customers in 335 communities and adjacent rural areas. 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. Conference Call Since its first aggregate company acquisition in 1992, MDU Resources has built Knife River into a leading aggregates-based construction materials business. The staff at MDU Resources come from unusually diverse demographic backgrounds. 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.". MDU Resources Group, Inc. Anne Jones 701-530-1015 or 800-437-8000, ext. MDU Resources employees are most likely to be members of the republican party. This website uses cookies to improve your experience while you navigate through the website. Sign in to create your job alert for Senior Process Analyst jobs in Brea, CA. This category only includes cookies that ensures basic functionalities and security features of the website. 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 Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, and Wyoming, as well as Idaho, Minnesota, Oregon, and Washington; and offers related value-added services. On average, employees at MDU Resources stay with the company for 5.3 years. It also distributes cement and asphalt oil. mdu resources group inc. mdu resources 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. MDU Resources Group, Inc. All rights reserved. Help other job seekers by rating 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. Click Here. 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. served to you completely ad free and you will be granted access to view every profile in its entirety, even Dennis W. Johnson, chair of MDU Resources board, said, The board regularly assesses MDU Resources business, operations and value creation opportunities. With the spinoff, it is expected that MDU Resources shareholders will retain their current shares of MDU Resources stock and receive a pro rata distribution of shares of Knife River stock in a transaction that is expected to be tax free to MDU Resources and its shareholders for U.S. federal income tax purposes. Details of Separation Transaction After extensive research and analysis, Zippia's data science team found that: 38% of MDU Resources employees are women, while 62% are men. 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. The company's filing status is listed as Active and its File Number is 1981716. COMMERCIAL RESOURCES TAX GROUP, INC. is a California Stock Corporation - Ca - General filed on April 1, 1997. This is a growing company where the executive leadership really focuses on a work/life balance. What will happen to my outstanding stock? 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. The forward-looking statements contained in this release, including statements about MDU Resources' goal to create two pure-play public companies, its planned separation of Knife River Corporation and its strategic review of MDU Construction Services Group, are expressed in good faith and are believed by the company to have a reasonable basis. 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. Visit the Career Advice Hub to see tips on interviewing and resume writing. It is mandatory to procure user consent prior to running these cookies on your website. Referrals increase your chances of interviewing at Mercury Insurance by 2x. 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. MDU Resources had announced on Aug. 4 its intent to separate Knife River as an independent, publicly traded company. 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.
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