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Otter Tail Corporation (NASDAQ: OTTR) is a diversified holding company with a rich history dating back to 1907. Headquartered in Fergus Falls, Minnesota, the corporation operates through two main segments: Electric and Manufacturing. The Electric segment, primarily through Otter Tail Power Company, generates, transmits, and distributes electricity to residential, commercial, and industrial customers in Minnesota, North Dakota, and South Dakota. The Manufacturing segment includes businesses involved in contract machining, metal fabrication, and the production of plastic components for various industries. Otter Tail Corporation is committed to providing essential products and services, focusing on operational excellence, strategic growth, and delivering value to its customers, communities, and shareholders.
The headquarters serves as the central hub for strategic decision-making, corporate governance, financial management, investor relations, and overall administration for its diverse business segments.
The headquarters is a modern facility designed to support efficient operations and collaboration. Its location in Fergus Falls underscores its deep community roots and long-standing presence in the region.
The work culture at Otter Tail Corporation's headquarters is generally perceived as professional and collaborative, reflecting its long-standing presence and commitment to its employees and the communities it serves. There's an emphasis on stability, integrity, and customer focus.
The Fergus Falls headquarters is significant as it's the nerve center for a corporation that provides essential services to a broad region and manages diverse manufacturing operations. It symbolizes the company's historical roots and ongoing commitment to its operational base.
While Otter Tail Corporation's primary operations, including its electric utility services and most manufacturing facilities, are concentrated in the United States (primarily the Upper Midwest), its manufactured products, particularly from subsidiaries like BTD Manufacturing and T.O. Plastics, may be incorporated into end-products that are distributed globally by their customers. The company directly serves customers and manages operations primarily within the U.S., focusing on domestic markets for its energy and manufacturing segments.
215 South Cascade Street
Fergus Falls
MN
USA
Address: 1111 13th Ave SE, Detroit Lakes, MN 56501
Serves as a major manufacturing hub in the Midwest, leveraging regional skilled labor and proximity to customers in the agricultural, energy, and recreational vehicle sectors.
Address: 2205 120th St NW, Clearwater, MN 55320
Supports the company's plastics manufacturing operations, serving a national customer base with specialized plastic products, and contributing to the regional manufacturing economy.
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As of April 2025, Otter Tail Corporation' leadership includes:
Otter Tail Corporation has been backed by several prominent investors over the years, including:
Otter Tail Corporation announced a significant leadership succession plan in early 2024. CEO Chuck MacFarlane is set to retire in mid-2024, with Tim Rogelstad, current President of Otter Tail Power Company, appointed as his successor. Concurrently, Todd Sanden will be promoted to President of Otter Tail Power Company.
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Otter Tail Corporation and its primary subsidiary, Otter Tail Power Company, utilize standardized email formats for professional communication. Based on publicly available information, a common format has been identified.
The most common email format for Otter Tail Corporation appears to be `[first_initial][last_name]@ottertail.com`. For example, Jane Doe would be jdoe@ottertail.com.
Format
shoff@ottertail.com
Example
90%
Success rate
Otter Tail Corporation Investor Relations • May 6, 2024
Otter Tail Corporation announced first quarter 2024 net income of $55.0 million, or $1.28 per diluted share, compared to $53.4 million, or $1.25 per diluted share, for the first quarter of 2023. The company also increased its 2024 diluted earnings per share guidance to a range of $4.27 to $4.57....more
Otter Tail Corporation Investor Relations • February 20, 2024
Otter Tail Corporation announced that President and CEO Chuck MacFarlane will retire on June 28, 2024. Tim Rogelstad, current President of Otter Tail Power Company, will succeed him as President and CEO of the corporation and join its Board of Directors....more
Otter Tail Corporation Investor Relations • February 20, 2024
The Otter Tail Corporation Board of Directors increased the company's quarterly common stock dividend to $0.4625 per share, a 5.4% increase. This marked the 10th consecutive year of dividend increases and the 85th consecutive year the company has paid dividends....more
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