MDU Resources Foundation donates $100,000 to celebrate MDU Resources’ 100th anniversary

10 nonprofits from five states selected to each receive a $10,000 grant

 

To celebrate MDU Resources’ 100th anniversary, the MDU Resources Foundation is donating $100,000 to charities in communities where the company operates. This amount is in addition to the foundation’s nearly $1.8 million scheduled grants for 2024. And to broaden the impact, 10 charities will each receive a $10,000 donation.

“Rolland Heskett founded MDU Resources in 1924 on the value of ‘when communities thrive, we thrive,’” said Nicole Kivisto, president and CEO of MDU Resources. “One hundred years later, the company still embodies this value, and we can’t think of a better way to celebrate our 100th anniversary than by supporting charities that help make our communities better places to live.”

Employees with MDU Resources companies were invited to nominate their favorite charity to be considered for one of the grants.

The 10 nonprofits selected to receive a $10,000 grant are located in five states and include:

“These grants are special, not just because they commemorate MDU Resources’ 100th anniversary, but also because our employees had a role in the selection process,” said Cory Fong, president and director of the MDU Resources Foundation. “These grants reflect our employees’ community spirit and generosity.”

 

About MDU Resources
MDU Resources Group, Inc., a member of the S&P MidCap 400 index, provides essential products and services through its regulated energy delivery and construction services businesses. Founded in 1924, the company is celebrating its 100th anniversary; learn more at www.mdu.com/100th-anniversary. For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at [email protected].

About MDU Resources Foundation
The MDU Resources Foundation was started in 1983 as the philanthropic arm of MDU Resources Group. Since then, the foundation has contributed almost $45 million to worthwhile charities and organizations. The foundation considers grant requests in five categories: health and human services, education, civic and community activities, culture and arts, and environment.

 

 

North Dakota Gov. Doug Burgum congratulates MDU Resources on 100th anniversary

North Dakota Gov. Doug Burgum extended a special congratulatory message to MDU Resources and its employees in honor of the company’s 100th anniversary. MDU Resources is the oldest publicly traded company headquartered in North Dakota. It has been listed on the New York Stock Exchange under the ticker MDU since 1948.

 

 

About MDU Resources’ 100 years
MDU Resources was incorporated on March 14, 1924, as a small utility serving rural communities along the Montana-North Dakota border. Over the past century, MDU Resources has grown into a corporation with operations across the United States.

Today, MDU Resources’ utility operations serve nearly 1.2 million electric and natural gas customers across eight states. Its pipeline business has approximately 3,800 miles of regulated natural gas transmission lines and is home to the largest underground natural gas storage field in North America.

The company’s success includes growing two businesses to be large enough to be spun off to stand on their own as publicly traded companies. MDU Resources’ construction materials subsidiary, Knife River Corporation, was spun off in 2023. MDU Resources’ construction services subsidiary, MDU Construction Services Group, is expected to be spun off in late 2024.

While MDU Resources branched out into other industries, it has throughout its history remained committed to its core business of regulated energy delivery.

 

MDU Resources rings closing bell at NYSE in honor of 100th anniversary

The New York Stock Exchange welcomed executives and guests of MDU Resources Group, Inc. (NYSE: MDU) to celebrate its 100th anniversary of founding. To honor the occasion, Nicole Kivisto, President & Chief Executive Officer, joined by Chris Taylor, Vice President, NYSE Global Head of Advisory, rang The Closing Bell®. Photo Credit: NYSE

 

MDU Resources rang the closing bell at the New York Stock Exchange on March 13 to kick off a yearlong celebration of its 100th anniversary.

MDU Resources President and CEO Nicole Kivisto was joined by members of the company’s executive management team at the bell ringing. MDU Resources was incorporated on March 14, 1924.

MDU Resources’ 100th anniversary celebration will continue throughout 2024, and additional information can be found at www.mdu.com/100th-anniversary.

 

About MDU Resources’ 100 years
MDU Resources was incorporated on March 14, 1924, as a small utility serving rural communities along the Montana-North Dakota border. Over the past century, MDU Resources has grown into a corporation with operations across the United States.

Today, MDU Resources’ utility operations serve nearly 1.2 million electric and natural gas customers across eight states. Its pipeline business has approximately 3,800 miles of regulated natural gas transmission lines and is home to the largest underground natural gas storage field in North America.

The company’s success includes growing two businesses to be large enough to be spun off to stand on their own as publicly traded companies. MDU Resources’ construction materials subsidiary, Knife River Corporation, was spun off in 2023. MDU Resources’ construction services subsidiary, MDU Construction Services Group, is expected to be spun off in late 2024.

While MDU Resources branched out into other industries, it has throughout its history remained committed to its core business of regulated energy delivery.

MDU Resources celebrates 100 years with Analyst and Investor Day, ringing closing bell at NYSE

MDU Resources (NYSE: MDU) is preparing to kick off a yearlong celebration of its 100th anniversary by ringing the closing bell at the New York Stock Exchange on March 13. MDU Resources was incorporated on March 14, 1924.

MDU Resources President and CEO Nicole Kivisto will be joined by members of MDU Resources’ executive management team at the bell ringing to commemorate the milestone, in conjunction with an analyst and investor day event at the exchange on March 13. Watch coverage of the closing bell ringing at www.nyse.com/bell.

“Celebrating 100 years is a remarkable milestone, made possible by our team of talented employees — past and present — and we’re excited to share our story with analysts, investors, stakeholders and customers,” Kivisto said. “We are proud of what we’ve accomplished in our first century and are excited about the next 100 years.”

 

About MDU Resources’ 100 years
MDU Resources was incorporated on March 14, 1924, as a small utility serving rural communities along the Montana-North Dakota border. Over the past century, MDU Resources has grown into a corporation with operations across the United States.

Today, MDU Resources’ utility operations serve nearly 1.2 million electric and natural gas customers across eight states. Its pipeline business has approximately 3,800 miles of regulated natural gas transmission lines and is home to the largest underground natural gas storage field in North America.

The company’s success includes growing two businesses to be large enough to be spun off to stand on their own as publicly traded companies.

MDU Resources’ construction materials subsidiary, Knife River Corporation, was spun off in 2023. MDU Resources’ construction services subsidiary, MDU Construction Services Group, is expected to be spun off in late 2024.

While MDU Resources branched out into other industries, it has throughout its history remained committed to its core business of regulated energy delivery.

“The company has seen a lot of changes over the past 100 years, but our commitment to safely and reliably serving our customers and communities has remained constant,” Kivisto said.

Analyst and Investor Day
MDU Resources will host an Analyst and Investor Day at 10 a.m. EDT March 13 at the NYSE. During the event, executive management will provide updates on operational strategy, the corporation’s financial outlook, and the expected tax-free spinoff of MDU Construction Services Group.

Those interested in participating can register to attend the event in person or via webcast at www.mdu.com/investor-day.

MDU Resources’ 100th anniversary celebration will continue throughout 2024, and additional information can be found at www.mdu.com/100th-anniversary. Among the celebratory events, the MDU Resources Foundation, MDU Resources’ philanthropic arm, will donate $10,000 each to 10 charities nominated by its employees.

Read entire news release: https://investor.mdu.com/news/news-details/2024/MDU-Resources-Celebrates-100-Years-With-Analyst-and-Investor-Day-Ringing-Closing-Bell-at-NYSE/default.aspx