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  "slug": "everus-construction-group-inc",
  "name": "Everus Construction Group, Inc.",
  "updatedAt": "2026-10-02T16:16:23.629519Z",
  "sections": [
    {
      "type": "OVERVIEW",
      "text": "Everus Construction Group, Inc. is a U.S. specialty construction-solutions company headquartered in Bismarck, North Dakota. Its two principal businesses are Electrical & Mechanical, which provides electrical, communications, fire-protection, renewable-energy and mechanical construction services, and Transmission & Distribution, which builds and maintains electrical, gas, communications and transportation-lighting infrastructure. Everus operates across much of the United States through 15 operating companies and 19 local brands; its historical business dates to 1997. [P50928840][P47744993][P113887155]\n\nThe company’s stated mission is “Safely Building America’s Future®.” [https://everus.com/wp-content/uploads/2026/07/Everus-2025-Corporate-Responsibility-Report.pdf] Everus reported approximately $3.75 billion in operating revenues in 2025 and a workforce of about 9,400 at year-end. It became an independent, publicly traded company in October 2024. [P66973622][P27940941][P50836722]\n[P50928840][P47744993][P113887155][P66973622][P27940941][P50836722][https://everus.com/wp-content/uploads/2026/07/Everus-2025-Corporate-Responsibility-Report.pdf]",
      "updatedAt": "2026-10-02T16:16:23.629519Z"
    },
    {
      "type": "PRODUCTS",
      "text": "Everus provides electrical, mechanical and fire-protection contracting, along with low-voltage services, renewable-energy installations, packaged controls and manufacturing. Its work includes electrical and communications wiring, fire-suppression systems, renewable infrastructure, mechanical piping and ongoing maintenance for sectors including data centers, healthcare, education, manufacturing and government. [P89860716][P47744993]\n\nIts Transmission & Distribution services cover construction and maintenance of overhead and underground electrical, natural-gas and communications infrastructure, as well as transportation lighting, substations, excavation, underground boring and emergency restoration. Everus also manufactures, sells and rents line-stringing equipment, including pullers, tensioners, trailers, reel stands, reel carriers, stringing blocks, reels and breakaways; individual equipment specifications were not provided in the retrieved company information. [P113887155][https://everus.com/services/transmission-distribution/equipment-rental-sales-manufacturing/]\n\nIn 2026, Everus added mechanical, electrical and plumbing capabilities through its acquisition of SE&M, which serves pharmaceutical, complex industrial and healthcare customers. [P147185903] In 2025, E&M accounted for approximately 77% of total contract revenues and T&D approximately 23%; the company’s reported figures are by segment, not by individual product or service. [P101225942]\n[P89860716][P47744993][P113887155][P147185903][P101225942][https://everus.com/services/transmission-distribution/equipment-rental-sales-manufacturing/]",
      "updatedAt": "2026-10-02T16:16:23.629519Z"
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    {
      "type": "GEOGRAPHY",
      "text": "Everus Construction Group operates throughout most of the United States. At year-end 2025, its E&M segment had offices in 28 cities and a physical presence in 13 states; its T&D segment had offices in 19 cities and a physical presence in 11 states. T&D identifies significant operations in Missouri, California, Montana and Oregon, and equipment-rental and manufacturing distribution centers in Arizona, Texas, Georgia, Illinois, Oregon and Ohio. These are disclosed examples, not a complete state-by-state footprint. [P50928840][P47744993][P50459403]\n\nThe company’s principal executive offices are in Bismarck, North Dakota. In April 2026, Everus acquired SE&M, headquartered in Elm City, North Carolina, to expand its presence in the Southeastern U.S. At December 31, 2025, Everus had approximately 9,400 employees across 28 states; the company does not disclose employee counts by state. Its filings do not provide revenue by country, state or region, so geographic revenue percentages are unavailable. [P147185743][P147185903][P27940941][https://www.sec.gov/Archives/edgar/data/2015845/000201584526000019/proxy-20260327.htm][P50928840][https://www.sec.gov/Archives/edgar/data/2015845/000201584526000010/q42025-20251231.htm]\n[P50928840][P47744993][P50459403][P147185743][P147185903][P27940941][https://www.sec.gov/Archives/edgar/data/2015845/000201584526000019/proxy-20260327.htm][https://www.sec.gov/Archives/edgar/data/2015845/000201584526000010/q42025-20251231.htm]",
      "updatedAt": "2026-10-02T16:16:23.629519Z"
    },
    {
      "type": "SEGMENTS",
      "text": "Everus Construction Group reports two business segments. Electrical & Mechanical (E&M) provides electrical and communications wiring, fire-suppression systems, renewables infrastructure, and mechanical piping and services. Its work serves commercial, industrial, institutional, renewables, and service/other markets. In fiscal 2025, E&M generated approximately 77% of total contract revenues, with segment revenue of $2,920.7 million. [P47744993][P101225942][T11868651]\n\nTransmission & Distribution (T&D) constructs and maintains electrical, gas, and communications infrastructure for utility and transportation customers, including overhead and underground systems, substations, transportation lighting, and related services. T&D contributed approximately 23% of total contract revenues in fiscal 2025, with segment revenue of $848.5 million. [P113887155][P101225942][T11868651] The latest interim figures show a similar mix shift: in the first half of 2026, E&M generated 81.4% and T&D 19.0% of consolidated revenue. “Corporate and Other” is presented separately in financial reconciliations, not as a third reportable revenue segment. [T16840250][P34467512]\n[P47744993][P101225942][T11868651][P113887155][T11868651][T16840250][T16840250][P34467512]",
      "updatedAt": "2026-10-02T16:16:23.629519Z"
    },
    {
      "type": "HISTORY",
      "text": "MDU Resources traces the origins of its construction-services business to 1997, when it made its first acquisition. Jeffrey S. Thiede became CEO of the then-named MDU Construction Services Group effective April 30, 2013. [https://www.mdu.com/construction-services-separation/] [https://everus.com/about-everus/leadership-team/]\n\nIn November 2023, MDU announced plans to separate its construction-services business. The business rebranded as Everus Construction Group in March 2024, and MDU completed the separation on October 31, 2024, distributing Everus shares to eligible MDU shareholders. [P38871896] [P41891708] [https://everus.com/mdu-construction-services-group-rebrands-to-everus-construction-group-spinoff-remains-on-track-for-late-2024/]\n\nOn April 1, 2026, Everus acquired North Carolina-based SE&M Constructors, SE&M of the Triangle, and SECO Rentals, broadening its mechanical, electrical, and plumbing capabilities and presence in the Southeast. [P147185903] [https://investors.everus.com/news/news-details/2026/Everus-Acquires-SEM-Leading-Contractor-in-Southeast-Region/default.aspx]\n[P38871896][P41891708][P147185903][https://www.mdu.com/construction-services-separation/][https://everus.com/about-everus/leadership-team/][https://everus.com/mdu-construction-services-group-rebrands-to-everus-construction-group-spinoff-remains-on-track-for-late-2024/][https://investors.everus.com/news/news-details/2026/Everus-Acquires-SEM-Leading-Contractor-in-Southeast-Region/default.aspx]",
      "updatedAt": "2026-10-02T16:16:23.629519Z"
    }
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