MDU Resources Group, Inc. is a power company based in Bismarck, ND. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Supervised and managed all personnel, work activities and . 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. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. It also distributes cement and asphalt oil. The company was founded in 1924 and is based in Bismarck, North Dakota. The Pipeline and Midstream segment provides natural gas transportation, underground storage, and gathering services primarily in the Rocky Mountain and northern Great Plains regions. "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. MDU Construction Services Group After extensive research and analysis, Zippia's data science team found that: 38% of MDU Resources employees are women, while 62% are men. 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. MDU Construction Services Group employs more than 7,500 skilled employees across the country. This cookie is set by GDPR Cookie Consent plugin. With the Bizapedia Pro Search service you will get unlimited searches via our various search forms, Amazing things happen when you're having fun and doing something you love. MDU Resources Group Corporate Headquarters, Office Locations and Addresses | Craft.co 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. This will also involve communication with the various functional areas and assistance in the development of training programs. 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 Group, Inc. is a U.S.-based corporation supplying products and services to regulated energy delivery and utilities related construction materials and services businesses. Skip to content Skip to main nav. To protect our site, we cannot process your request right now. 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! Tailored capital allocation strategies: Each company will have enhanced flexibility to deploy capital to its specific growth opportunities. Employees at Portland General Electric earn more than most of the competition, with an average yearly salary of $79,561. The company's filing status is listed as Active and its File Number is 1981716. 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. USA. 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. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. The cookie is used to store the user consent for the cookies in the category "Performance". Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. In 1992, it acquired its first aggregates-mining company in central California, and has continued to expand its construction materials business . 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. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. 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. They ensure a project is completed on time and within budget. 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. 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. Founded in 1966, ESI, Inc. is part of the MDU Resources family of companies. No. The Oregon Public Utility Commission faulted MDU subsidiary[4][5] Loy Clark for the 2016 Portland gas explosion that leveled a building, sent asbestos fragments flying, damaged numerous buildings and injured eight people. But opting out of some of these cookies may have an effect on your browsing experience. We will diligently work through the separation process to ensure each company is optimized to deliver value for shareholders.. 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. [9], Cascade Natural Gas Corporation, serving parts of Oregon and Washington, was acquired by MDU Resources in 2006. 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. Copyright 2022 MDU Resources Group, Inc.. All rights reserved. 18 Deep, 3Wide, 7Tall 4.5% Sales Tax will be applied For additional information, contact Jack VandeKop @ (605) 340-5256 Our electrical, mechanical and fire suppression services companies have deep experience in a wide variety of work across the country. 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! We are always looking at our business mix for opportunities to enhance shareholder value. Why isnt there a shareholder vote? We are a nationwide provider of power line and telecommunication wire stringing equipment and related tools. MDU Resources board believes Knife River is poised to benefit from significant investments at the federal and local levels in infrastructure development and upgrades. 67% of the management team is White. 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. MDU Resources is a Fortune 1000 company with operations, customers and employees across the country. 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. 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. Selecting the value will change the page content. 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. The company's common stock began trading on the New York Stock Exchange under the ticker symbol MDU in 1948. SEC Filings. The employee data is based on information from people who have self-reported their past or current employments at MDU Resources. Claiming and updating your company profile on Zippia is free and easy. What will happen to my outstanding stock? -Jenna Lyons. Post-spinoff, MDU Resources intends to maintain a policy consistent with its historic practices. 4% of MDU Resources employees are Black or African American. The data presented on this page does not represent the view of MDU Resources and its employees or that of Zippia. 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. Forward-Looking StatementThe information in this release includes certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. We're dedicated to providing environmentally friendly and energy-efficient solutions that meet our clients technology and power requirements. Nonetheless, actual results may differ materially from the projected results expressed in the forward-looking statements. Jan 2004 - Mar 201511 years 3 months. Get email updates for new Senior Process Analyst jobs in Brea, CA. On average, employees at MDU Resources stay with the company for 5.3 years. The national average salary for an MDU Resources employee in the United States is $52,489 per year. The event can be accessed atwww.mdu.com. Forward-Looking Statements Dennis W. Johnson, chair of MDU Resources board, said, The board regularly assesses MDU Resources business, operations and value creation opportunities. Select Year: Filter filing type: Date Filing Type Filing Description Download / View. MDU Resources Group, Inc. Anne Jones 701-530-1015 or 800-437-8000, ext. But opting out of some of these cookies may have an effect on your browsing experience. 7% of MDU Resources employees are Hispanic or Latino. Knife River has a successful track record of growth. The company anticipates completing the strategic review in the first half of 2023. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Subsidiaries to MDU Resources include Young Brothers Inc Contractors. MDU Resources Group,Inc., founded in 1924, utilizes natural gas and coal mines. 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. Brea, CA. 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. Visit the Career Advice Hub to see tips on interviewing and resume writing. Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, Non-GAAP Financial Measures MDU Resources to discuss separation and second quarter 2022 financial results at 8:30 a.m. EDT today. Our Customer Service Center can assist you with many account related requests, including checking balances, making payments, starting or stopping service, and much more. We are sorry, but your computer or network may be sending automated queries. By providing your email address below, you are providing consent to MDU Resources to send you the requested Investor Email Alert updates. 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. MDU Resources is committed to establishing strong capital allocation strategies for each business that align with each businesss long-term goals. 02/24/2023. 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 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.
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