mdu resources group locations
The company is 37.8% female and 18.4% ethnic minorities. These cookies will be stored in your browser only with your consent. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. 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. Bachelors Degree in Business or Information Systems or Certification in Business Process Management, Or equivalent combination of education and/or experience, 5+ years in business process analysis or related experience, 3+ years in P&C insurance industry is preferred, Or equivalent combination of education, training, and/or experience, Excellent communication and analytical skills, particularly in providing status updates and providing information to key stakeholders on a regular basis, Work requires the ability to work independently and with minimum supervision, In-depth knowledge in Structured Query Language/Unified Modeling Language or equivalent languages, Knowledge in project management, change management, and organizational savvy, In-depth knowledge in product design, business and IT processes that support effective execution, Ability to effectively communicate business goals, strategies, and/or business problems to provide sound counsel and offer creative solutions, Strong analytical skills, ability to influence without authority, ability to build strong rapport and work collaboratively with others outside of the immediate business function, Ability to negotiate, influence, and compromise, Ability to concurrently manage multiple tasks/projects, with a strong track record of defining and meeting milestones and deadlines, Flexibility to work from anywhere in the United States for most positions, Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours), Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus), Medical, dental, vision, life, and pet insurance, 401 (k) retirement savings plan with company match, Professional and personal development opportunities, Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more. 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. 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 . Optimized capital structures: Each company will benefit from distinct capital structures and financial policies tailored to their separate business profiles and needs. This website uses cookies to improve your experience while you navigate through the website. Search Keywords. Necessary cookies are absolutely essential for the website to function properly. MDU Resources is committed to establishing strong capital allocation strategies for each business that align with each businesss long-term goals. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. 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. 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. Bismarck, ND 58501-4092, 2023 MDU Construction Services Group, Inc.. All rights reserved. Knife River is always looking for good people to join our team. MDU Construction Services Group provides market-leading specialty contracting services across the U.S., primarily electrical and mechanical, and transmission and distribution services. 400 N. Fourth St. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. 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'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.". How long have you been considering this? To protect our site, we cannot process your request right now. MDU Resources expects approximately 70% of its pro forma EBITDA to be generated from its regulated businesses, providing low-risk, stable returns to shareholders. Post-separation, MDU Resources intends to maintain a dividend policy consistent with its historic practice. This cookie is set by GDPR Cookie Consent plugin. These cookies do not store any personal information. 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. MDU Resources Group Corporate Headquarters, Office Locations and Addresses | Craft.co These cookies track visitors across websites and collect information to provide customized ads. MDU Resources also announced today its second quarter financial results, which can be found on the companys website atwww.mdu.com. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. 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. Necessary cookies are absolutely essential for the website to function properly. Statement of Changes in Beneficial Ownership. [8] Two additional lawsuits were filed against Loy Clark in December 2019. The company strongly encourages investors to review the consolidated financial statements in their entirety and to not rely on any single financial measure. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. You also have the option to opt-out of these cookies. Cascade Natural Gas Corporation Headquarters is located at 8113 West Grandridge Boulevard, Kennewick . 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. We also use third-party cookies that help us analyze and understand how you use this 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. Subsidiaries to MDU Resources include Young Brothers Inc Contractors. This cookie, set by Cloudflare, is used to support Cloudflare Bot Management. In just the past four years, it has completed 12 acquisitions and increased revenues 23%. 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. 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]. With approximately 98% of WBI Energys EBITDA coming from regulated business, it is focused on growing this business through pipeline expansion projects. The companys utilities provide affordable and reliable electric and natural gas service to 1.2 million customers across eight states. The largest donation made to a political party by an MDU Resources employee was 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 separation is expected to be completed in 2023. Non-GAAP financial measures are not standardized; therefore, it may not be possible to compare such financial measures with other companies non-GAAP financial measures having the same or similar names. The USC Career Center is open - in person and online - as always, all of our services and resources are available to you, including advising, job and internship opportunities, programs, workshops, career fairs, and more. 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.. This is a growing company where the executive leadership really focuses on a work/life balance. 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. Spinoff of Knife River expected to unlock significant shareholder value. 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". 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. Using a database of 30 million profiles, Zippia estimates demographics and statistics for MDU Resources. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. Our most recent assessment determined that a separation of Knife River could unlock significant value. The board and our management team are confident that MDU Resources and Knife River will be best positioned as two focused, independent companies. In addition, It is mandatory to procure user consent prior to running these cookies on your website. Project Managers are responsible for planning, implementing, and managing projects. By continuing to use this application, you consent to the use of cookies in accordance with our. This will also involve communication with the various functional areas and assistance in the development of training programs. Although MDU Resources believes that its expectations are based on reasonable assumptions, current expectations involve a number of risks and uncertainties. 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. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates. "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. Media Contact:Laura Lueder, MDU Resources manager of communications and public relations, 701-530-1095 MDU Resources employees are most likely to be members of the Republican Party. ESI, Inc. is headquartered in Cincinnati, Ohio, with locations in Dayton, Cleveland and Columbus. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US. Dennis W. Johnson, chair of MDU Resources board, said, The board regularly assesses MDU Resources business, operations and value creation opportunities. We also use third-party cookies that help us analyze and understand how you use this website. MDU Construction Services Group employs more than 7,500 skilled employees across the country. These factors include, but are not limited to, risks relating to the impact of the COVID-19 pandemic on the business (including impacts on employees and contractors and disruptions to operations and the supply chain); new or changing laws and regulations impacting the business (including changes in pipeline safety regulations and environmental law); supply chain disruptions (including price fluctuations and supply of materials necessary for operations); the adverse impact of cyberattacks on operations; competitive factors including technological advances and customer demands; pricing and market pressures; ability to successfully integrate any businesses acquired; issuance of new or revised accounting standards; risks associated with the impact, timing or terms of the spinoff; risks associated with the expected benefits and costs of the spinoff, including the risk that the expected benefits of the spinoff will not be realized within the expected timeframe, in full or at all, and the risk that conditions to the spinoff will not be satisfied and/or that the spinoff will not be completed within the expected timeframe, on the expected terms or at all; the expected qualification of the spinoff as a tax-free transaction for U.S. federal income tax purposes, including whether or not an IRS ruling will be sought or obtained; the risk that any consents or approvals required in connection with the spinoff will not be received or obtained within the expected timeframe, on the expected terms or at all; risks associated with expected financing transactions undertaken in connection with the spinoff and risks associated with indebtedness incurred in connection with the spinoff; the risk that dis-synergy costs, costs of restructuring transactions and other costs incurred in connection with the spinoff will exceed estimates; and the impact of the spinoff on the businesses and the risk that the spinoff may be more difficult, time consuming or costly than expected, including the impact on resources, systems, procedures and controls, diversion of managements attention and the impact on relationships with customers, suppliers, employees and other business counterparties, as well as the various important factors listed in Part I, Item 1A Risk Factors in MDU Resources Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2021, which was filed with the SEC on Feb. 23, 2022, and subsequent filings with the SEC. You must click the activation link in order to complete your subscription. $4,900 to the Republican Party. Here are further demographic highlights of the leadership team: The MDU Resources executive team is 29% female and 71% male. Creates financial and strategic flexibility for each company to focus on core business opportunities. But opting out of some of these cookies may have an effect on your browsing experience. In 1985, the corporation realigned its operations under the name MDU Resources Group, Inc. Best Companies to Work For in North Dakota, Best Energy Companies to Work For in North Dakota, Best Companies to Work For in Bismarck, ND, Best Energy Companies to Work For in Bismarck, ND, Working At DTE (Detroit Tool & Engineering), Working At Centennial Energy Resources LLC, MDU Resources Heavy Equipment Operator Jobs, MDU Resources Apprentice Electrician Jobs. The event can be accessed atwww.mdu.com. Brea, CA. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States. 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. We expect this distribution to be tax free to MDU Resources and its shareholders for U.S. federal income tax purposes. MDU Resources to discuss separation and second quarter 2022 financial results at 8:30 a.m. EDT today. 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. 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. It performs integrated contracting services. Supervised and managed all personnel, work activities and . Customer Service: 7:30 A.M. - 6:30 P.M. | Monday through Friday. mdu resources group. When will Knife River shares be distributed? 5 on 2022 EC&M Top 50 Electrical Contractors List, Your specialty contracting services provider. The two 'Eastern Montana' utilities became the nucleus of Montana-Dakota Utilities' operations. 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. Since MDU Resources first aggregate company acquisition in 1992, weve built Knife River into a leading aggregates-based construction materials business. MDU Resources Group engages in the regulated energy delivery, construction materials and services businesses. Founded in 1966, ESI, Inc. is part of the MDU Resources family of companies. The Registered Agent on file for this company is Linda Beery and is located at 3020 Saturn Street Suite 101, Brea, CA 92821. You also have the option to opt-out of these cookies. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. 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 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. The average employee at MDU Resources makes $52,489 per year. 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. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. 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***.
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