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MDU Resources CEO retiring, new chief named

BISMARCK (AP) -- The president and chief executive officer of MDU Resources Group, and Dickinson State University grad, is retiring.

Terry Hildestad spent 38 years with the Bismarck-based company. It has interests in energy, mining, construction and electric and gas utility service.

The company says David Goodin will succeed Hildestad in January. Goodin is president and chief executive officer of MDU Resources' four utility businesses.

Hildestad began his career with the company in 1974. He was named president and CEO in 2006.

MDU has operations in 44 states. Its subsidiaries include Bismarck's Montana-Dakota Utilities, Seattle-based Cascade Natural Gas Corp., and Idaho-based Intermountain Gas Co.

Montana-Dakota Utilities also is a partner in the coal-fired Big Stone power plant northeastern South Dakota.