Company Description
Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States.
It operates through three segments: Electric, Manufacturing, and Plastics. The 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 markets.
This segment generates electricity through coal, fuel oil, solar, wind, and natural gas. It serves approximately residential, commercial, and industrial customers.
The Manufacturing segment engages in the contract machining, metal parts stamping, fabrication and painting, production of plastic thermoformed horticultural containers, life science and industrial packaging, and material handling components and extruded raw material stock for the recreational vehicle, lawn and garden, agricultural, construction, and industrial and energy equipment end markets.
The Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage and water reclamation system, and other uses for customers in the horticulture, medical and life sciences, industrial, recreation, and electronics industries.
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.
| Country | United States |
| Founded | 1907 |
| Industry | Utilities - Diversified |
| Sector | Utilities |
| Employees | 2,655 |
| CEO | Charles S. MacFarlane |
Contact Details
Address: 215 S Cascade St, Po Box 496 Fergus Falls, Minnesota 56538-0496 United States | |
| Phone | 866-410-8780 |
| Website | 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 and Director |
| Jennifer O. Smestad | Vice President, General Counsel and Corporate Secretary |
| Timothy J. Rogelstad | Senior Vice President of Electric Platform |
| John S. Abbott | Senior Vice President of Manufacturing Platform |
| Todd R. Wahlund | Vice President and Chief Financial Officer |
| Tyler Nelson | Vice President of Accounting |
| Beth Osman | Manager of Investor Relations |
| Stephanie A. Hoff | Director of Corporate Communications |
| Paul L. Knutson | Vice President of Human Resources |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 10, 2024 | 8-K | Current Report |
| Apr 5, 2024 | 8-K | Current Report |
| Apr 2, 2024 | 8-K | Current Report |
| Feb 28, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Feb 28, 2024 | DEF 14A | Other definitive proxy statements |
| Feb 28, 2024 | ARS | Filing |
| Feb 14, 2024 | 10-K | Annual Report |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 13, 2024 | 8-K | Current Report |
| Jan 29, 2024 | 8-K | Current Report |