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Otter Tail

79.60
-1.2200-1.51%
Post-market: 82.142.54+3.19%16:27 EDT
Volume:172.92K
Turnover:13.81M
Market Cap:3.33B
PE:11.10
High:80.72
Open:80.68
Low:79.45
Close:80.82
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Company Profile

Company Name:
Otter Tail
Exchange:
NASDAQ
Establishment Date:
1907
Employees:
2133
Office Location:
215 South Cascade Street,PO Box 496,Fergus Falls,Minnesota,United States
Zip Code:
56538-0496
Fax:
218-998-3165
Introduction:
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.

Directors

Name
Position
Charles S. MacFarlane
President and Chief Executive Officer and Director
Nathan I. Partain
Chairman of the Board and Director
James B. Stake
Director
John D. Erickson
Director
Karen M. Bohn
Director
Kathryn O. Johnson
Director
Michael E. LeBeau
Director
Steven L. Fritze
Director
Thomas J. Webb
Director
Timothy J. O'Keefe
Director

Shareholders

Name
Position
Charles S. MacFarlane
President and Chief Executive Officer and Director
John Abbott
Senior Vice President, Manufacturing Platform
Kevin G. Moug
Chief Financial Officer and Senior Vice President
Timothy J. Rogelstad
Senior Vice President, Electric Platform
Jennifer O. Smestad
Vice President, General Counsel and Corporate Secretary