Everus Construction Group, Inc. emerged as a standalone company when it was spun off from MDU Resources, marking its formal entry as an independent construction services provider. The spin-off allowed Everus to sharpen its focus on specialization in infrastructure, energy, and electrical contracting work. Over time, the company has built a track record across a range of utility and energy projects, aligning itself with long-term trends in electrification, grid modernization, and infrastructure investment.
Everus organizes its core operations into two main segments: Electrical & Mechanical (E&M) and Transmission & Distribution (T&D). In the E&M segment, the company undertakes electrical construction, mechanical contracting, low-voltage systems, controls, fire protection, and related integrated system work for commercial, industrial, institutional, and residential clients. The T&D segment delivers services supporting utility infrastructure—such as building and maintaining transmission lines, distribution networks, substations, poles, and emergency restoration work. This twofold structure enables Everus to address both behind-the-meter systems and the grid infrastructure itself.
Because of its dual focus, Everus occupies a strategic niche in the intersection of infrastructure, energy transition, and utility modernization. The firm is positioned to capture growth from trends such as electrification, data center expansion, renewable power integration, and grid resilience efforts. Its scale is more modest compared to some of the largest infrastructure contractors, but its specialization, segment focus, and alignment with structural tailwinds give it a differentiated profile in its markets.