Intermountain is a subsidiary of MDU Resources Group, Inc., a multidimensional natural resources enterprise traded on the New York Stock Exchange as "MDU.". It served approximately 938,867 residential, commercial, and industrial customers in 335 communities and adjacent rural areas. 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. 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. by Terry Hildestad. The separation is expected to be completed in 2023. 10-K. MDU Construction Services Group provides a full spectrum of construction solutions, from underground utilities and excavation to electrical, mechanical and fire suppression systems as well as transmission and distribution line construction. We work underground and overhead in the transmission and distribution industry. We also use third-party cookies that help us analyze and understand how you use this website. We are sorry, but your computer or network may be sending automated queries. Knife River generated $293 million of EBITDA in 2021. MDU Resources got its start in 1924 as the Minnesota Northern Power Company. 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 Overall MDU Resources is a great place to work with competitive salaries, leave time and other benefits. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. Based on our data team's research, David L. Goodin is the MDU Resources's CEO. We also use third-party cookies that help us analyze and understand how you use this website. 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. At MDU Resources, we promise to treat your data with respect and will not share your information with any third party. 02/24/2023. MDU Resources generates $5.7B in revenue. Establishes Knife River as a stand-alone, aggregates-based, vertically integrated construction materials and contracting provider. 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. 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 The board and our management team are confident that MDU Resources and Knife River will be best positioned as two focused, independent companies. It generated $169 million of EBITDA in 2021. Full-Time. MDU Resources is an industry leader with 10,140 employees and an annual revenue of $5.7B that is headquartered in North Dakota. Both companies eventually realized the lawsuit was unproductive and they ceased litigation.[3]. About Knife River These cookies do not store any personal information. 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. COMMERCIAL RESOURCES TAX GROUP, INC. is a California Stock Corporation - Ca - General filed on April 1, 1997. 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. Messages will be read and responded to as soon as. While logged in and authenticated, you will not be asked to solve any complicated Recaptcha V2 challenges. This website uses cookies to improve your experience while you navigate through the website. Early history[ edit] 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. Knife River has a successful track record of growth. What is the strategic rationale for spinning off Knife River? MDU Construction Services Group In 1992, it acquired its first aggregates-mining company in central California, and has continued to expand its construction materials business . None of the information on this page has been provided or approved by MDU Resources. It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. Employees at the parent company, MDU Resources, earn $52,489 whereas employees at Young Brothers Inc Contractors earn $51,612, on average. Rebecca Dorwart's peers at other companies are Kris Vosgerau, Craig Walz, Ryan Kuchenski, Shirley Curt, Tom Herman, Curtis Cross, Damien Craig, Karl Jones. from 8 AM - 9 PM ET. Necessary cookies are absolutely essential for the website to function properly. MDU Resources board believes Knife River is poised to benefit from significant investments at the federal and local levels in infrastructure development and upgrades. $20 Hourly. This category only includes cookies that ensures basic functionalities and security features of the website. mdu resources group inc. mdu resources group. 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. 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. Media Contact:Laura Lueder, MDU Resources manager of communications and public relations, 701-530-1095 with up to 5 times the number of maximum matches per search vs. non-subscribers. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. After submitting your request, you will receive an activation email to the requested email address. 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 national average salary for an employee at MDU Resources Group is $55,677 per year, or $26.77 an hour. If you experience any issues with this process, please contact us for further assistance. MDU Resources Locations Bismarck, ND HQ Hiring Albany, OR Beaumont, TX Belgrade, MT Bemidji, MN Bend, OR Billings, MT Hiring Bremerton, WA Bryan, TX Burleson, TX Casper, WY Central Point, OR 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. 5 on 2022 EC&M Top 50 Electrical Contractors List, Your specialty contracting services provider. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. This website uses cookies to improve your experience while you navigate through the website. MDU Resources is a Fortune 1000 company with operations, customers and employees across the country. None of the information on this page has been provided or approved by MDU Resources. 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. [10][11] Intermountain Gas Company, serving parts of Idaho, was acquired by MDU Resources in 2008. Looking for Montana-Dakota Utilities? Communities Served North Dakota South Dakota Montana Wyoming MDU Resources Reports Third Quarter Earnings; Knife River Has Record Quarterly Revenue. The actual number of shares to be distributed to MDU Resources shareholders will be determined prior to completing the spinoff, as will the specific transaction structure. Intermountain Natural Gas Headquarters is located at 555 S. Cole Road, Boise, ID 83709. "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. We are always looking at our business mix for opportunities to enhance shareholder value. When is the spinoff expected to be completed? Get notified about new Senior Process Analyst jobs in Brea, CA. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. The national average salary for an MDU Resources employee in the United States is $52,489 per year. Bismarck, ND 58503, MDU Construction Services Group 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 . Cascade is a subsidiary of MDU Resources Group, Inc., a multidimensional natural resources enterprise traded on the New York Stock Exchange as "MDU.". 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. MDU Resources also announced today its second quarter financial results, which can be found on the companys website atwww.mdu.com. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. 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. 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. It also performs integrated contracting services for most types of aggregate-related construction, including roads, freeways, bridges, residential properties, schools, shopping centers, office buildings and industrial parks. 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? Annual Report. It has an unusually high proportion of employees who are members of the Republican Party, at 73.0%. MDU Resources Group, Inc. | Bismarck ND $4,900 to the Republican Party. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. Non-GAAP Financial Measures 67% of the management team is White. 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. This cookie is set by GDPR Cookie Consent plugin. The company's filing status is listed as Active and its File Number is 1981716. Phone: 800-638-3278. As of December 31, 2017, it served 142,901 residential, commercial, industrial, and municipal customers in 178 communities and adjacent rural areas. Following a thorough assessment, the board determined that a spinoff of Knife River Corporation is the best path forward to maximize value for all stakeholders. Tailored capital allocation strategies: Each company will have enhanced flexibility to deploy capital to its specific growth opportunities. 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. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. You can unsubscribe from these emails at any time. It also provides cathodic protection and other energy-related services. I am an MDU Resources shareholder. MDU Resources Group, Inc. Anne Jones 701-530-1015 or 800-437-8000, ext. Despite its diversity in other areas, MDU Resources employees are noticeably lacking in political diversity. 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. Compelling Benefits of the Separation 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 company strongly encourages investors to review the consolidated financial statements in their entirety and to not rely on any single financial measure. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. These cookies track visitors across websites and collect information to provide customized ads. Help us make this company more transparent. 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. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. It does not store any personal data. MDU Construction Services Group has resources across the country to get any job done. Since its first aggregate company acquisition in 1992, MDU Resources has built Knife River into a leading aggregates-based construction materials business. What will happen to my outstanding stock? Posted: January 31, 2023. 4. Forward-Looking Statements 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. These cookies do not store any personal information. company profile page along with the rest of the general data. To protect our site, we cannot process your request right now. 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***. 12 on list of top 600 specialty contractors. 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. This site is protected by reCAPTCHA and the Google. Rebecca Dorwart has 6 months experience as Human Resources Special Projects Manager. 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. 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. 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. The average employee at MDU Resources makes $52,489 per year. The companys management uses the non-GAAP financial measures in conjunction with GAAP results when evaluating the companys operating results internally and calculating compensation packages. 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 company charter does not require a shareholder vote to complete the transaction. Our customers are as varied as our experience. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The MDU Resources board believes the proposed separation will unlock the inherent value within the two companies, which have unique growth prospects and investment opportunities. Referrals increase your chances of interviewing at Mercury Insurance by 2x. 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.