Otter Tail Corp (NASDAQ:OTTR)

30.72
Data as of 12:45pm ET
 +0.045 / +0.15%
Today’s Change
26.53
Today|||52-Week Range
31.72
+4.94%
Year-to-Date
SECTOR
Producer Manufacturing
INDUSTRY
Industrial Conglomerates
MARKET CAP
$1.1B

Company Description

Otter Tail Corp. is engaged in the electric utility, wind energy and infrastructure businesses. It operates through the following segments: Electric, Wind Energy, Manufacturing, Construction and Plastics. The Electric segment operates through two subsidiaries: Otter Tail Power Co. and Otter Tail Energy Services Co. The Otter Tail Power Co. engages in the production, transmission, distribution and sale of electric energy in Minnesota, North Dakota and South Dakota. The Otter Tail Energy Services Co. provides technical and engineering services, wind farm site development and energy lighting primarily in North Dakota and Minnesota. The Wind Energy segment operates through its subsidiary, DMI Industries, Inc., a steel fabrication company, primarily involved in the manufacturing of wind towers sold in the U.S and Canada, with manufacturing facilities in North Dakota, Oklahoma and Ontario, Canada. The Manufacturing segment operates through three subsidiaries: BTD Manufacturing, Inc., ShoreMaster, Inc. and T. O. Plastics, Inc. This segment is engaged in the manufacturing activities, including contract machining, metal parts stamping and fabrication, and manufacturing waterfront equipment, material and handling trays and horticultural containers. The Construction segment operates through two subsidiaries: Foley Co. and Aevenia, Inc. This segment engages in the residential, commercial and industrial electric contracting and construction of fiber optic and electric distribution systems, water, wastewater and heating, ventilation, and air conditioning systems primarily in the central United States. The Plastics segment operates through two subsidiaries: Northern Pipe Products, Inc. and Vinyltech Corp. This segment is engaged in producing polyvinyl chloride pipe in the upper Midwest and Southwest regions of the U.S. Otter Tail was founded in 1907 and is headquartered in Fergus Falls, MN.

Contact Information

Otter Tail Corp.
215 South Cascade Street
Fergus Falls Minnesota 56537-2801
P:(218) 739-8479
Investor Relations:
(218) 739-8481

Employees

Shareholders

Other institutional22.27%
Mutual fund holders21.09%
Individual stakeholders2.19%

Top Executives

Edward J. McIntyreChief Executive Officer & Director
Charles S. MacFarlanePresident & Chief Operating Officer
Kevin G. MougChief Financial Officer & Senior Vice President
George A. KoeckSecretary, Senior Vice President & General Counsel
Timothy J. RogelstadSenior Vice President-Electric Platform

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