In 2001, Knife River sold its remaining coal-mining interests. Optimized capital structures: Each company will benefit from distinct capital structures and financial policies tailored to their separate business profiles and needs. MDU Construction Services Group employs more than 7,500 skilled employees across the country. MDU Resources to discuss separation and second quarter 2022 financial results at 8:30 a.m. EDT today. MDU Resources Group, Inc. All rights reserved. The cookie is used to store the user consent for the cookies in the category "Analytics". Phone: 800-638-3278. 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! This cookie is set by GDPR Cookie Consent plugin. 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. 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 had announced on Aug. 4 its intent to separate Knife River as an independent, publicly traded company. You will love working at Western! 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. Loading. To protect our site, we cannot process your request right now. Working at MDU Resources Group, Inc.: 8 Reviews - Indeed For more information about MDU Resources, visitwww.mdu.comor contact the Investor Relations Department at[emailprotected]. 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). This cookie is set by GDPR Cookie Consent plugin. MDU Resources is committed to establishing strong capital allocation strategies for each business that align with each businesss long-term goals. [6] The damages totaled $17.2 million. We also use third-party cookies that help us analyze and understand how you use this website. MDU Construction Services Group 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. MDU Resources is headquartered in Bismarck, ND and has 69 office locations located throughout the US. Subsidiaries to MDU Resources include Young Brothers Inc Contractors. Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, Post-separation, MDU Resources intends to maintain a dividend policy consistent with its historic practice. Get notified about new Senior Process Analyst jobs in Brea, CA. Brea, CA. 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. The company anticipates completing the strategic review in the first half of 2023. The words believe, continue, could, expect, anticipate, intends, estimate, forecast, project, should, may, will, would or the negative thereof and similar expressions are intended to identify such forward-looking statements. 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. For more information about MDU Resources, visit the company's website at www.mdu.com. Project Managers are responsible for planning, implementing, and managing projects. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. MDU Resources Group, Inc. is a power company based in Bismarck, ND. 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. We may use cookies and other similar technologies (together "cookies") to offer you a better web browsing experience and analyze usage. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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. It is headquartered in Bismarck, North Dakota, and operates in 48 states. "Our strategic review of our construction services business also is well underway. These cookies may capture identifiers such as internet protocol addresses and internet or other electronic network activity information. The companys utilities provide affordable and reliable electric and natural gas service to 1.2 million customers across eight states. 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. MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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 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. Will shareholders of both companies receive a regular dividend post-spinoff? Research Summary. If you are in need of enterprise level search, please consider signing up for a Bizapedia Pro Search account as described on this page. 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. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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. The two 'Eastern Montana' utilities became the nucleus of Montana-Dakota Utilities' operations. ESI, Inc. is headquartered in Cincinnati, Ohio, with locations in Dayton, Cleveland and Columbus. Initially, Minnesota Northern was only in the business of selling electric power, but entered the natural gas business following its discovery of oil in 1936 in the Williston Basin in Eastern Montana. These cookies will be stored in your browser only with your consent. Creates financial and strategic flexibility for each company to focus on core business opportunities. 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. I am an MDU Resources shareholder. MDU Resources Group Inc - Financials - SEC Filings Cascade is a subsidiary of MDU Resources Group, Inc., a multidimensional natural resources enterprise traded on the New York Stock Exchange as "MDU.".
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