mdu resources group locations

The Natural Gas Distribution segment distributes natural gas and offers related value-added services. 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. The Company's Electric segment generates, transmits, and distributes electricity. The average employee at MDU Resources makes $52,489 per year. 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 United States, North Dakota, Bismarck, Utilities, Oil & Energy, Information Technology & Services. 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., 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. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 18 Deep, 3Wide, 7Tall 4.5% Sales Tax will be applied For additional information, contact Jack VandeKop @ (605) 340-5256 It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. 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'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.". 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 We may use cookies and other similar technologies (together "cookies") to offer you a better web browsing experience and analyze usage. 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. 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. Our construction services bring power to communities and neighborhoods across the country. MDU Construction Services Group employs more than 7,500 skilled employees across the country. All forward-looking statements in this news release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. Creates financial and strategic flexibility for each company to focus on core business opportunities. Founded in 1966, ESI, Inc. is part of the MDU Resources family of companies. 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. 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. At MDU Resources, we promise to treat your data with respect and will not share your information with any third party. We are sorry, but your computer or network may be sending automated queries. The company strongly encourages investors to review the consolidated financial statements in their entirety and to not rely on any single financial measure. 10-K. The Construction Services segment designs, constructs, and maintains overhead and underground electrical distribution and transmission lines, substations, external lighting, traffic signalization, and gas pipelines; electrical and communication wiring and infrastructure, and fire suppression systems; and renewable energy projects. The companies have since partnered on two base-load power plants (Big Stone and Coyote). 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. 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. Today, from our headquarters in Bismarck, North Dakota, we have more than 16,000 employees during peak construction season operating across the country, delivering energy and providing construction materials and services. 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 company's principal address . Details of Separation Transaction These cookies will be stored in your browser only with your consent. It also distributes cement and asphalt oil. How long have you been considering this? How did this transaction come about? If you are in need of enterprise level search, please consider signing up for a Bizapedia Pro Search account as described on this page. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. What is the strategic rationale for spinning off Knife River? 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. This is a growing company where the executive leadership really focuses on a work/life balance. USA. Executive Summary. Intermountain is a subsidiary of MDU Resources Group, Inc., a multidimensional natural resources enterprise traded on the New York Stock Exchange as "MDU.". Employees at the parent company, MDU Resources, earn $52,489 whereas employees at Young Brothers Inc Contractors earn $51,612, on average. 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. Conference Call This cookie, set by Cloudflare, is used to support Cloudflare Bot Management. 7% of MDU Resources employees are Hispanic or Latino. 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. About Knife River 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. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". 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 national average salary for an employee at MDU Resources Group is $55,677 per year, or $26.77 an hour. Post-separation, MDU Resources intends to maintain a dividend policy consistent with its historic practice. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. 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 an industry leader with 10,140 employees and an annual revenue of $5.7B that is headquartered in North Dakota. 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 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. It also provides cathodic protection and other energy-related services. The company was founded in 1924 and is based in Bismarck, North Dakota. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. In 1985, the corporation realigned its operations under the name MDU Resources Group, Inc. After submitting your request, you will receive an activation email to the requested email address. mdu resources inc. 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. [8] Ten lawsuits were filed against Loy Clark in November 2018 and two of which were by insurers who had paid out claims. We are a nationwide provider of power line and telecommunication wire stringing equipment and related tools. The two 'Eastern Montana' utilities became the nucleus of Montana-Dakota Utilities' operations. You can unsubscribe from these emails at any time. In just the past four years, it has completed 12 acquisitions and increased revenues 23%. 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. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. 02/24/2023. MDU Resources to discuss separation and second quarter 2022 financial results at 8:30 a.m. EDT today. 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. Compelling Benefits of the Separation The largest donation made to a political party by an MDU Resources employee was MDU Construction Services Group employs more than 7,500 skilled employees across the country. 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. 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 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. Post-spinoff, MDU Resources intends to maintain a policy consistent with its historic practices. About MDU Resources These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. The company operates through five segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, and Construction Services. The company's filing status is listed as Active and its File Number is 1981716. Statement of Changes in Beneficial Ownership. 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. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. company profile page along with the rest of the general data. Denver CO. An upstream oil and gas company part of the MDU Resources Group family of companies. ESI, Inc. is headquartered in Cincinnati, Ohio, with locations in Dayton, Cleveland and Columbus. 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. MDU Resources board believes Knife River is poised to benefit from significant investments at the federal and local levels in infrastructure development and upgrades. When is the spinoff expected to be completed? MDU Resources is ranked #7 on the Best Companies to Work For in North Dakota list. Register for your account and get started with our industry leading people contacts search engine. In addition, all pages on Bizapedia will be [10][11] Intermountain Gas Company, serving parts of Idaho, was acquired by MDU Resources in 2008. 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. ESI, Inc. honored with industry Safety Achievement Award for outstanding injury and illness statistics Bismarck, ND 58503, MDU Construction Services Group We also use third-party cookies that help us analyze and understand how you use this website. While the highest-paid employees at MDU Resources Group can earn over $92,000 a year, the lowest-paid employees earn less than . Visit the Career Advice Hub to see tips on interviewing and resume writing. Enhances MDU Resources strategic focus on regulated utilities, natural gas pipelines and related infrastructure services. The cookie is used to store the user consent for the cookies in the category "Analytics". "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. While logged in and authenticated, you will not be asked to solve any complicated Recaptcha V2 challenges. Optimized capital structures: Each company will benefit from distinct capital structures and financial policies tailored to their separate business profiles and needs. But opting out of some of these cookies may have an effect on your browsing experience. This will also involve communication with the various functional areas and assistance in the development of training programs. [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. Search Keywords. The Pipeline and Midstream segment provides natural gas transportation, underground storage, and gathering services primarily in the Rocky Mountain and northern Great Plains regions.