MDU Construction Services Group employs more than 7,500 skilled employees across the country. Knife River is always looking for good people to join our team. The separation is expected to be effected as a tax-free spinoff to MDU Resources shareholders and to be completed in 2023. MDU Resources Group, Inc. Careers and Employment, US 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. Recognition Archives - MDU Resources Group Inc. Tailored capital allocation strategies: Each company will have enhanced flexibility to deploy capital to its specific growth opportunities. 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. None of the information on this page has been provided or approved by MDU Resources. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. 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. MDU Resources board believes Knife River is poised to benefit from significant investments at the federal and local levels in infrastructure development and upgrades. Knife Rivers dividend policy will be determined in the future in a manner consistent with its stated capital allocation strategies. MDU Resources Group Company Profile - Office Locations - Craft 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. [7] Additionally, OSHA cited and fined Loy Clark for safety violations as a result of this incident. 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. 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. None of the information on this page has been provided or approved by MDU Resources. It generated $78 million of EBITDA in 2021. MDU Resources Group, Inc. Corporate Profile - Winmo Statement of Changes in Beneficial Ownership. MDU Resources company charter does not require a shareholder vote to complete the transaction. Executive Summary. 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. On average, employees at MDU Resources stay with the company for 5.3 years.

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