About MDU Resources Montana-Dakota Utilities Headquarters is located at 400 N. Fourth Street, Bismarck, ND 58501-4092. 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. Western National Group. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates. About Knife River Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. 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. 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 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. 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 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. [8] Ten lawsuits were filed against Loy Clark in November 2018 and two of which were by insurers who had paid out claims. Financial Contact:Jason Vollmer, MDU Resources vice president and chief financial officer, 701-530-1755. USA. It is headquartered in Bismarck, North Dakota, and operates in 48 states. 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. The company is 37.8% female and 18.4% ethnic minorities. 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. Statement of Changes in Beneficial Ownership. 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. Guests; Log in; Career Center. 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. If you are in need of enterprise level search, please consider signing up for a Bizapedia Pro Search account as described on this page. This cookie is set by GDPR Cookie Consent plugin. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. 5 on 2022 EC&M Top 50 Electrical Contractors List, Your specialty contracting services provider. Further details related to capital structure, governance and other elements of the transaction will be announced at a later date. What will happen to my outstanding stock? MDU Resources Group is traded on the New York Stock Exchange as "MDU." For more information about MDU Resources, visit the company's website at www.mdu.com. 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. The company anticipates completing the strategic review in the first half of 2023. Full-Time. MDU Construction Services Group employs more than 7,500 skilled employees across the country. The Company's Electric segment generates, transmits, and distributes electricity. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. 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: 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). Referrals increase your chances of interviewing at Mercury Insurance by 2x. View original content to download multimedia. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. 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. 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). MDU Resources had announced on Aug. 4 its intent to separate Knife River as an independent, publicly traded company. This category only includes cookies that ensures basic functionalities and security features of the website. This site is NOT monitored 24 hours a day. Why isnt there a shareholder vote? if the company chooses to hide the private information on their profile from the general public. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. Non-GAAP Financial Measures The company's common stock began trading on the New York Stock Exchange under the ticker symbol MDU in 1948. 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 actual number of shares to be distributed to MDU Resources shareholders will be determined prior to closing, as will the specific transaction structure. Company Mdu Resources Group Inc. See if MDU Resources is hiring near you. Employees at Portland General Electric earn more than most of the competition, with an average yearly salary of $79,561. Get notified about new Senior Process Analyst jobs in Brea, CA. 02/21/2023. 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. Creates financial and strategic flexibility for each company to focus on core business opportunities. Both companies eventually realized the lawsuit was unproductive and they ceased litigation.[3]. Although MDU Resources believes that its expectations are based on reasonable assumptions, current expectations involve a number of risks and uncertainties. On average, employees at MDU Resources stay with the company for 5.3 years. It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. Based on our data team's research, David L. Goodin is the MDU Resources's CEO. These cookies will be stored in your browser only with your consent. We build complex, diverse projects for our customers and we're always looking for team members to contribute to our success. Updates will be provided as the company moves toward completing the spinoff. The cookie is used to store the user consent for the cookies in the category "Other. [8] Two additional lawsuits were filed against Loy Clark in December 2019. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Post-spinoff, MDU Resources intends to maintain a policy consistent with its historic practices. They ensure a project is completed on time and within budget. The cookie is used to store the user consent for the cookies in the category "Performance". It is mandatory to procure user consent prior to running these cookies on your website. 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. 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. Our expertise includes refinery and plant construction and maintenance, as well as automotive, renewable energy and steel facility installations and maintenance. Optimized capital structures: Each company will benefit from distinct capital structures and financial policies tailored to their separate business profiles and needs. Our Board of Directors regularly reviews opportunities to unlock value for our shareholders. 7% of MDU Resources employees are Hispanic or Latino. Enter the location for your project and choose the product youd like. 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. It generated $78 million of EBITDA in 2021. Copyright 2022 MDU Resources Group, Inc.. All rights reserved. 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. Necessary cookies are absolutely essential for the website to function properly. It also provides cathodic protection and other energy-related services. To protect our site, we cannot process your request right now. Sign in to create your job alert for Senior Process Analyst jobs in Brea, CA. 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 board and our management team are confident that MDU Resources and Knife River will be best positioned as two focused, independent companies. Careers Featured projects Our customers are as varied as our experience. MDU Resources generates $5.7B in revenue. We also use third-party cookies that help us analyze and understand how you use this website. With our nations focus on infrastructure, the recent passage of the Investment in Infrastructure and Jobs Act will provide federal funding to support the type of public and private work Knife River does. [2] It is headquartered in Bismarck, North Dakota, and operates in 48 states. How will this impact MDU Resources current quarterly dividend? These cookies will be stored in your browser only with your consent. 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. 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. MDU Resources headquarters is in Bismarck, ND. We're dedicated to providing environmentally friendly and energy-efficient solutions that meet our clients technology and power requirements. 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 Group corporate office is located in 1200 W Century Ave, Bismarck, North Dakota, 58503, United States and has 791 employees. 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. Click the link in the email we sent to to verify your email address and activate your job alert. The company operates through five segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, and Construction Services. 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 Registered Agent on file for this company is Linda Beery and is located at 3020 Saturn Street Suite 101, Brea, CA 92821. This website uses cookies to improve your experience while you navigate through the website. The separation will result in two independent, publicly traded and well . 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. MDU Resources Group, Inc. ( NYSE: MDU) Q4 2022 Earnings Conference Call February 9, 2023 2:00 PM ET Company Participants Jason Vollmer - VP & CFO David Barney - President & CEO, Knife River. 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! Have you worked at MDU Resources? Research Summary. MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States.
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