Otter Tail Corporation's diversified operations include an electric utility (Otter Tail Power Company) and manufacturing businesses. The corporation, with offices in Fergus Falls, Minnesota, and Fargo, North Dakota, trades on the NASDAQ Global Select Market under the symbol OTTR.
Otter Tail Corporation strives to create long-term value and growth for customers, shareholders, and employees by building a strong and focused diversified organization with an electric utility as its foundation. Otter Tail Corporation's strategy is to continue to grow its largest business, the regulated electric utility, which will lower its overall risk, create a more predictable earnings stream, improve its credit quality, and preserve its ability to fund the dividend.
Over time, Otter Tail Corporation expects Otter Tail Power Company to provide approximately 65% of its overall earnings.