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October 9, 2001

Oregon Electric

Portland electrical contractor Oregon Electric Construction has been bought by North Dakota-based MDU Resources Group, according to a report in the Portland Daily Journal of Commerce. Oregon Electric was established in 1947 and incorporated in 1958. It has grown to 660 employees, and had $130 million in revenue last year. No staff changes are anticipated at Oregon Electric. MDU owns several other Portland-area construction companies, as well as electric and natural gas utilities and other related businesses across the country. MDU's revenues last year were $1.87 billion.




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