Sign in to create your job alert for Senior Process Analyst jobs in Brea, CA. Our most recent assessment determined that a separation of Knife River could unlock significant value. MDU Construction Services Group employs more than 7,500 skilled employees across the country. Subsidiaries to MDU Resources include Young Brothers Inc Contractors. Following the planned separation, MDU Resources will remain headquartered in Bismarck, North Dakota, and continue to be the parent company for MDU Resources existing regulated electric and natural gas utilities (Cascade Natural Gas Corp., Intermountain Gas Co., Montana-Dakota Utilities Co.), natural gas pipeline business (WBI Energy, Inc.) and construction services company (MDU Construction Services Group, Inc.). 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 has retained J.P. Morgan Securities LLC and PJT Partners as financial advisors and Wachtell, Lipton, Rosen & Katz as legal advisor for the review. 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. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates. How long have you been considering this? The Pipeline and Midstream segment provides natural gas transportation, underground storage, and gathering services primarily in the Rocky Mountain and northern Great Plains regions. Updates will be provided as the company moves toward completing the spinoff. These cookies do not store any personal information. Jan 2004 - Mar 201511 years 3 months. 02/24/2023. 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. [8] Ten lawsuits were filed against Loy Clark in November 2018 and two of which were by insurers who had paid out claims. 1200 West Century Avenue. served to you completely ad free and you will be granted access to view every profile in its entirety, even 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. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 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. It is expected that MDU Resources shareholders will retain their current shares of MDU Resources stock and also receive a pro rata distribution of shares of Knife River stock in a transaction that is expected to be tax free. 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. $4,900 to the Republican Party. Necessary cookies are absolutely essential for the website to function properly. In addition, all pages on Bizapedia will be Enter the location for your project and choose the product youd like. Knife River has a successful track record of growth. 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. Have you worked at MDU Resources? The company is 37.8% female and 18.4% ethnic minorities. mdu resources group inc. mdu resources group. However, there's a significant range between the top 10 percent of earners and the bottom 10 percent of earners. After submitting your request, you will receive an activation email to the requested email address. We expect Knife River shares to be distributed immediately upon the completion of the spinoff transaction, which we expect to occur during 2023. Founded in 1966, ESI, Inc. is part of the MDU Resources family of companies. About 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. 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. View original content to download multimedia. On average, employees at MDU Resources stay with the company for 5.3 years. The data presented on this page does not represent the view of MDU Resources and its employees or that of Zippia. Intermountain is a subsidiary of MDU Resources Group, Inc., a multidimensional natural resources enterprise traded on the New York Stock Exchange as "MDU.". WBI Energy provides natural gas transportation and underground storage services through regulated pipeline systems primarily in the Rocky Mountain and northern Great Plains regions of the U.S. and provides non-regulated cathodic protection and other energy-related services. MDU Resources Group, Inc. | Bismarck ND The actual number of shares to be distributed to MDU Resources shareholders will be determined prior to closing, as will the specific transaction structure. MDU Resources is ranked #7 on the Best Companies to Work For in North Dakota list. In addition, The company strongly encourages investors to review the consolidated financial statements in their entirety and to not rely on any single financial measure. 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. After extensive research and analysis, Zippia's data science team found that: 38% of MDU Resources employees are women, while 62% are men. company profile page along with the rest of the general data. 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: But opting out of some of these cookies may affect your browsing experience. For more information about MDU Resources, visitwww.mdu.comor contact the Investor Relations Department at[emailprotected]. MDU Resources board believes Knife River is poised to benefit from significant investments at the federal and local levels in infrastructure development and upgrades. Using a database of 30 million profiles, Zippia estimates demographics and statistics for MDU Resources. Guests; Log in; Career Center. with up to 5 times the number of maximum matches per search vs. non-subscribers. 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.". We build complex, diverse projects for our customers and we're always looking for team members to contribute to our success. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US. [13], 2016 Portland gas explosion - Loy Clark lawsuits, Last edited on 24 December 2022, at 15:11, Public Utility Holding Company Act of 1935, "MDU Resources Announces 2017 Financial Results, Initiates Guidance for 2018", "MDU - Mdu Resources Group Inc Profile | Reuters", "About Loy Clark Construction - Serving the Portland Metro & Washington", "Pipeline at NW 23rd Ave. blast site was not pierced", "Oregon natural gas explosion injures eight, destroys building", "NW 23rd blast: Excavator dug on wrong side of street, caused natural gas explosion, report says", "10 lawsuits filed in aftermath of NW 23rd Ave. explosions", "Portland bagel shop owners sue pipeline company over 2016 explosion that destroyed business", "Cascade Natural Gas Corp. merger completed", "MDU Resources to Acquire Intermountain Gas Company", https://en.wikipedia.org/w/index.php?title=MDU_Resources&oldid=1129292950, This page was last edited on 24 December 2022, at 15:11. USA. These cookies will be stored in your browser only with your consent. It has an unusually high proportion of employees who are members of the Republican Party, at 73.0%. The company was founded in 1924 and is based in Bismarck, North Dakota. The staff at MDU Resources come from unusually diverse demographic backgrounds. 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 Help us make this company more transparent. [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. Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. Brea, CA. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. 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 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. Posted: January 31, 2023. 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? Some of the competitors of MDU Resources are Portland General Electric, The Williams Companies, and Peabody Energy. 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. We provide industry leading services with a focus on safety. 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. 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. 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! Establishes Knife River as a stand-alone, aggregates-based, vertically integrated construction materials and contracting provider. 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. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. Some of Rebecca Dorwart's colleagues are Mark Haag, Korey Fried, Eric Hope, Ben Morrison, Amanda Kadrmas, Ron Kutzler, Sheri Berogan, Christy Dirk-senn. For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at [emailprotected]. You can sign up for additional alert options at any time. This cookie is set by GDPR Cookie Consent plugin. Montana-Dakota Utilities Headquarters is located at 400 N. Fourth Street, Bismarck, ND 58501-4092. With approximately 98% of WBI Energys EBITDA coming from regulated business, it is focused on growing this business through pipeline expansion projects. The spinoff is expected to be completed during 2023, subject to customary closing conditions, including final approval by MDU Resources Board of Directors, receipt of a tax opinion, the filing and effectiveness of a Form 10 registration statement with the SEC and, if determined advisable, a private letter ruling from the IRS. 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. Loading. But opting out of some of these cookies may have an effect on your browsing experience. 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. Project Manager at Mdu Resources Group Inc. Project Managers are responsible for planning, implementing, and managing projects. 1150 W. Century Ave. Knife River generated $293 million of EBITDA in 2021. Financial Contact:Jason Vollmer, MDU Resources vice president and chief financial officer, 701-530-1755. Analytical cookies are used to understand how visitors interact with the website. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. 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. Copyright 2022 MDU Resources Group, Inc.. All rights reserved. We're dedicated to providing environmentally friendly and energy-efficient solutions that meet our clients technology and power requirements. 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. 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***. from 8 AM - 9 PM ET. How did this transaction come about? 02/21/2023. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. MDU Construction Services Group MDU Resources Group, Inc. Anne Jones 701-530-1015 or 800-437-8000, ext. They ensure a project is completed on time and within budget. Select Year: Filter filing type: Date Filing Type Filing Description Download / View. 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. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Its founder, Rolland Heskett, had previously been involved with utilities in Wisconsin and northeast Minnesota (the forerunners of Wisconsin Public Service Corporation and Minnesota Power (& Light Co.), respectively). Skip to content Skip to main nav. Based on our data team's research, David L. Goodin is the MDU Resources's CEO. mdu resources inc. MDU Resources Group Corporate Headquarters, Office Locations and Addresses | Craft.co We may use cookies and other similar technologies (together "cookies") to offer you a better web browsing experience and analyze usage. Mahmoud Siddig, Joele Frank, Wilkinson Brimmer Katcher, 212-355-4449 MDU Resources has 10,140 employees, of which 24 are in a leadership position. You can unsubscribe from these emails at any time. While logged in and authenticated, you will not be asked to solve any complicated Recaptcha V2 challenges. MDU Resources is an industry leader with 10,140 employees and an annual revenue of $5.7B that is headquartered in North Dakota. MDU Construction Services Group, Inc. is an industry-leading specialty contractor, We may use cookies and other similar technologies (together "cookies") to offer you a better web browsing experience and analyze usage. Necessary cookies are absolutely essential for the website to function properly. Given its size and scale today, the MDU Resources Board of Directors believes now is the right time to spin off Knife River to unlock additional value for both MDU Resources and Knife River. I am an MDU Resources shareholder. We are always looking at our business mix for opportunities to enhance shareholder value. Pay at MDU Resources is significantly lower than some of its highest paying competitors, like. 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 company anticipates completing the strategic review in the first half of 2023. Knife River is always looking for good people to join our team. ESI, Inc. honored with industry Safety Achievement Award for outstanding injury and illness statistics It also distributes cement and asphalt oil. 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! 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 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). 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.". It does not store any personal data. The cookie is used to store the user consent for the cookies in the category "Analytics". 67% of the management team is White. MDU Resources is a Fortune 1000 company with operations, customers and employees across the country. Supervised and managed all personnel, work activities and . It generated $78 million of EBITDA in 2021. To protect our site, we cannot process your request right now. Employees at Portland General Electric earn more than most of the competition, with an average yearly salary of $79,561. Since its first aggregate company acquisition in 1992, MDU Resources has built Knife River into a leading aggregates-based construction materials business. In just the past four years, it has completed 12 acquisitions and increased revenues 23%. This cookie is set by GDPR Cookie Consent plugin. Bismarck, ND 58501-4092, 2023 MDU Construction Services Group, Inc.. All rights reserved. 400 N. Fourth St. if we've collected "Sales Lead Information" for a given company, it will be displayed on the Denver CO. An upstream oil and gas company part of the MDU Resources Group family of companies. Project Managers are responsible for planning, implementing, and managing projects. Intermountain Natural Gas Headquarters is located at 555 S. Cole Road, Boise, ID 83709. 4. MDU Resources is in the electric power natural gas construction industry. Your entire office will be able to use your search subscription. 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. MDU Resources competitors include The Williams Companies, SandRidge Energy, Energy Transfer Solutions, Peabody Energy, Cenergy International Services, Kinder Morgan, Exelon, Portland General Electric, South Jersey Industries, Salt River Project, Octagon 88 Resources, DTE (Detroit Tool & Engineering), Green Mountain Power. How will this impact MDU Resources current quarterly dividend? MDU Construction Services Group has resources across the country to get any job done. 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. 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. It also provides cathodic protection and other energy-related services. 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 and Knife Rivers proven management teams will be able to more directly focus resources and capital to achieve their respective strategic goals, Goodin said. 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. You also have the option to opt-out of these cookies. 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. 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 The national average salary for an MDU Resources employee in the United States is $52,489 per year. Amazing things happen when you're having fun and doing something you love. However with being a great place to work comes longevity. MDU Resources Group, Inc. All rights reserved. ESI, Inc. is headquartered in Cincinnati, Ohio, with locations in Dayton, Cleveland and Columbus. 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. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US.See if MDU Resources is hiring near you. 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. 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. Phone: 800-638-3278. We will diligently work through the separation process to ensure each company is optimized to deliver value for shareholders.. 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. The Company's Electric segment generates, transmits, and distributes electricity. [9], Cascade Natural Gas Corporation, serving parts of Oregon and Washington, was acquired by MDU Resources in 2006. None of the information on this page has been provided or approved by MDU Resources. 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. Optimized capital structures: Each company will benefit from distinct capital structures and financial policies tailored to their separate business profiles and needs. Analytical cookies are used to understand how visitors interact with the website. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Our customers are as varied as our experience. Post-separation, MDU Resources intends to maintain a dividend policy consistent with its historic practice. -Jenna Lyons. For more information about MDU Resources, visit the company's website at www.mdu.com. MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States. Selecting the value will change the page content. Advisors Employee Directory. In 1985, the corporation realigned its operations under the name MDU Resources Group, Inc. 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.. The MDU Resources board believes Knife River is ready to continue its success as a stand-alone public company and take full advantage of anticipated work resulting from federal infrastructure funding. Despite its diversity in other areas, MDU Resources employees are noticeably lacking in political diversity. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. 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. Research Summary. Visit the Career Advice Hub to see tips on interviewing and resume writing. [6] The damages totaled $17.2 million. Our estimates are verified against BLS, Census, and current job openings data for accuracy. Get email updates for new Senior Process Analyst jobs in Brea, CA. Forward-Looking Statements MDU Resources has great employee retention with staff members usually staying with the company for 5.3 years. Knife River, which provides construction materials and contracting services throughout the western, central and southern United States, also will remain headquartered in Bismarck. Referrals increase your chances of interviewing at Mercury Insurance by 2x. 12 on list of top 600 specialty contractors. This category only includes cookies that ensures basic functionalities and security features of the website. The most common ethnicity at MDU Resources is White (82%). This cookie, set by Cloudflare, is used to support Cloudflare Bot Management. Overall MDU Resources is a great place to work with competitive salaries, leave time and other benefits.