MDU Resources marks 90 years, sounding NYSE Bell
- Written by Concrete News
Sources: New York Stock Exchange; CP staff
David Goodin, chief executive officer of Knife River Construction Materials parent MDU Resources, rang the NYSE Closing Bell on March 18 to commemorate the company’s 90th anniversary. Joining him were executives of the namesake energy and Knife River Construction businesses.
Bismarck, N.D.-based MDU reported 2013 earnings 32 percent higher than the prior year, shareholders experiencing a total annual return of 48 percent last year. The company has planned capital investments of $1.2 billion dollars in 2014 and a record $4.6 billion over the next five years, 43 percent higher than the prior five-year period.