Otter Tail Corp - Company Profile
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Business Description
Otter Tail Corp (OTC) generates, transmits, distributes, and sells electricity. The company is also involved in the manufacturing of metal fabrication services and thermoformed plastic products, as well as the production of polyvinyl chloride (PVC) pipe for municipal water infrastructure. OTC offers its products and services to more than 134,000 commercial, residential, industrial, and other customers in the US.
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Business Segments
Overview
Generates, purchases, transmits, distributes, and sells electricity through Otter Tail Power Company in Minnesota, North Dakota, and South Dakota. Serves commercial, residential, industrial, and other customers. It reported capital expenditure of US$270.5 million in FY2025, which decreased by 10.3%YoY.
Performance
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Overview
Offers various metal fabrication services, including contract machining, fabrication, and painting, and metal parts stamping of plastic thermoformed horticulture containers, material handling components, and life science and industrial packaging components. Operates through its subsidiaries BTD Manufacturing, Inc., and T.O. Plastics, Inc. Operates through its facilities in Georgia, Illinois, and Minnesota. It reported capital expenditure of US$8.9 million in FY2025, which decreased by 72.2%YoY.
Performance
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Overview
Manufactures polyvinyl chloride (PVC) pipes through Arizona and North Dakota manufacturing facilities for water, storm drainage systems, and wastewater treatment. Serves customers in the upper Midwest and Southwest regions in the US and Canada. It reported capital expenditure of US$7.9 million in FY2025, which decreased by 68%YoY.
Performance
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