Otter Tail Corporation
215 South Cascade Street
Fergus Falls,
MN 56538
United States - Map
Phone: 218-739-8479
Fax: 218-998-3165
Web Site: http://www.ottertail.com
| Otter Tail Corporation engages in electric and nonelectric operations in the United States and internationally. The company operates in six segments: Electric, Plastics, Manufacturing, Health Services, Food Ingredient Processing, and Other Business Operations. The Electric segment produces, transmits, distributes, and sells electric energy through hydro, renewable, coal, and natural gas power plants in Minnesota, North Dakota, and South Dakota. As of December 31, 2008, it provided electricity to approximately 129,268 customers, including residential, industrial, commercial, and other customers. This segment also operates as a wholesale participant in the Midwest Independent Transmission System Operator markets. The Plastics segment offers polyvinyl chloride pipes to wholesalers and distributors through independent sales representatives, its salespersons, and customer service representatives. The Manufacturing segment manufactures and sells wind towers, contract machining, metal parts stamping and fabrication, waterfront equipment, material and handling trays, and horticultural containers. The Health Services segment sells diagnostic medical equipment, patient monitoring equipment, and related supplies and accessories, as well as provides equipment maintenance, diagnostic imaging services, and rental of diagnostic medical imaging equipment to various medical institutions. The Food Ingredient Processing segment offers dehydrated potato products to food manufacturers in the snack food, foodservice, and bakery industries. The Other Business Operations segment provides residential, commercial, and industrial electric contracting services; fiber optic and electric distribution systems; wastewater and HVAC systems construction; and transportation and energy services. Otter Tail Corporation was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001. The company was founded in 1907 and is based in Fergus Falls, Minnesota. |
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| Key Statistics |
| |
| | Pay | Exercised | Mr. John Erickson , 50
Chief Exec. Officer, Pres |
$
482.00K |
$
360.00K | Mr. Kevin G. Moug , 49
Chief Financial Officer, Principal Accounting Officer and Treasurer |
$
327.00K |
$
157.00K | Mr. Lauris Molbert CPA JD, 51
Chief Operating Officer and Exec. VP |
N/A
| N/A | Mr. Charles S. MacFarlane , 44
VP of Electric Operations and Pres of Otter Tail Power Company |
N/A
| N/A | Mr. George A. Koeck , 56
Corp. Sec. and Gen. Counsel |
$
279.00K |
$
24.00K |
|
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|
Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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2.03% Nasdaq 
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