Otter Tail Corporation

Otter Tail Corporation operates through three segments: Electric, Manufacturing, and Plastics. The Electric segment generates, purchases, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota, using coal, fuel oil, solar, wind, and natural gas. The Manufacturing segment provides metal fabrication services for custom machine parts and metal components, and manufactures thermoformed plastic products for agriculture, construction, horticulture, industrial, lawn and garden, and recreational vehicle markets. The Plastics segment produces polyvinyl chloride (PVC) pipes for municipal water, rural water, wastewater, storm drainage, and water reclamation systems, serving customers in horticulture, medical, life sciences, industrial, recreation, and electronics industries.

Otter Tail Corporation is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol OTTR. The company trades in US Dollars (USD), as it is headquartered in the United States. Its stock is part of the US equity market, and investors can buy and sell shares on the Nasdaq exchange during regular trading hours.

Otter Tail Corporation is classified under the Industrials sector and the Conglomerates industry. As a conglomerate, it operates diverse businesses across electric utility, manufacturing, and plastics. This structure allows the company to serve multiple markets and reduce risk through diversification. The Industrials sector includes companies that produce capital goods, provide commercial services, or operate in transportation, while the Conglomerates industry specifically refers to firms with a portfolio of distinct businesses.

Otter Tail Corporation is headquartered in Fergus Falls, Minnesota, United States. It was incorporated in 1907. The company serves customers primarily in the United States. Its Electric segment operates in Minnesota, North Dakota, and South Dakota. The Manufacturing segment has facilities in Georgia, Illinois, and Minnesota and sells products mainly in the US. The Plastics segment markets its PVC pipes through independent sales representatives, company salespersons, and customer service representatives across the country.

Otter Tail Corporation generates revenue through three business segments. The Electric segment earns money by generating and selling electricity to residential, commercial, and industrial customers in Minnesota, North Dakota, and South Dakota, participating in the Midcontinent Independent System Operator (MISO) markets. The Manufacturing segment profits from metal fabrication services and thermoformed plastic products sold to various end markets, including agriculture, construction, and recreational vehicles. The Plastics segment manufactures PVC pipes for water and wastewater systems, selling to customers in horticulture, medical, industrial, and other sectors. This diversified model helps stabilize earnings across economic cycles.