Otter Tail Corporation

77.06
-1.30 (-1.66%)
At close: Jan 28, 2025, 2:02 PM

Company Description

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States.

The company's Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator, Inc. markets.

This segment generates electricity through coal, wind and hydro, and natural gas.

It serves approximately 133,000 residential, industrial, and other commercial customers.

Its Manufacturing segment engages in the contract machining, metal parts stamping, fabrication and painting, and production of plastic thermoformed horticultural containers, life science and industrial packaging, and material handling components, and extruded raw material stock for recreational vehicle, agricultural, construction, lawn and garden, and industrial and energy equipment industries.

It also manufactures clamshell packing, blister packs, returnable pallets, and handling trays for shipping and storing odd-shaped or difficult-to-handle parts for customers in the horticulture, medical and life sciences, industrial, recreation, and electronics industries.

The company's Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage and water reclamation system, and other uses.

This segment markets its products to wholesalers and distributors through independent sales representatives, company salespersons, and customer service representatives.

The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001.

Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota.

Otter Tail Corporation
Otter Tail Corporation logo
Country United States
IPO Date Mar 26, 1990
Industry Diversified Utilities
Sector Utilities
Employees 2,655
CEO Charles S. MacFarlane

Contact Details

Address:
215 South Cascade Street
Fergus Falls, Minnesota
United States
Website https://www.ottertail.com

Stock Details

Ticker Symbol OTTR
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001466593
CUSIP Number 689648103
ISIN Number US6896481032
Employer ID 27-0383995
SIC Code 4911

Key Executives

Name Position
Charles S. MacFarlane President, Chief Executive Officer & Director
Todd R. Wahlund Vice President & Chief Financial Officer
Beth Osman Manager of Investor Relations
Jennifer O. Smestad Vice President, General Counsel & Corporate Secretary
John S. Abbott Senior Vice President of Manufacturing Platform
Paul L. Knutson Vice President of Human Resources
Stephanie A. Hoff Director of Corporate Communications
Timothy J. Rogelstad Senior Vice President of Electric Platform
Tyler Nelson Vice President of Accounting

Latest SEC Filings

Date Type Title
Dec 31, 2024 8-K Current Report
Dec 16, 2024 8-K Current Report
Nov 07, 2024 10-Q Quarterly Report
Nov 05, 2024 8-K Current Report
Oct 03, 2024 SC 13D/A [Amend] Filing
Aug 14, 2024 4 Filing
Aug 07, 2024 10-Q Quarterly Report
Aug 06, 2024 8-K Current Report
Jun 05, 2024 8-K Current Report
May 28, 2024 4 Filing