All News Releases
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Otter Tail Corporation Declares Quarterly Dividend
Feb 3, 2012
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FARGO, N.D., Feb. 3, 2012 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) announced today that the Board of Directors declared a quarterly common dividend of $0.2975 cents per share, payable on March 10, 2012 to shareholders of record on February 15, 2012. This represents the 293rd consecutive quarter that dividends have been paid on commo...
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Photo Release -- Otter Tail Corporation Selects Edward J. McIntyre as Permanent President and Chief Executive Officer
Jan 3, 2012
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FARGO, N.D., Jan. 3, 2012 (GLOBE NEWSWIRE) -- Otter Tail Corporation today announced that its Interim CEO, Edward J. "Jim" McIntyre, has been named permanent president and chief executive officer. The company's board of directors appointed McIntyre as interim CEO in September of 2011. He is a retired vice president and former chief financial office...
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Otter Tail Corporation Sells E.W. Wylie
Dec 29, 2011
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FARGO, N.D., Dec. 29, 2011 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced it has sold its trucking business, E.W. Wylie, to Walden Smokey Point, Inc., a holding company based in Dallas, TX. Walden's operating company, Smokey Point Distributing, is a leader in flatbed/heavy haul trucking based in the Pacific Northwest.
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Mark W. Olson Named to Otter Tail Corporation Board of Directors
Dec 19, 2011
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FARGO, N.D., Dec. 19, 2011 (GLOBE NEWSWIRE) -- Otter Tail Corporation's (Nasdaq:OTTR) Board of Directors has appointed Mark W. Olson to serve the remaining two and a half years of the term made vacant by the November 8th, 2011 retirement of former Board Chair John MacFarlane. Olson was nominated and confirmed at the regular Otter Tail Corporation B...
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Otter Tail Corporation Announces Third Quarter Earnings; Reiterates Strategic Direction; Updates Earnings Guidance for 2011; Board of Directors Declares Dividend
Nov 3, 2011
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FERGUS FALLS, Minn., Nov. 3, 2011 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the quarter ended September 30, 2011.Summary:
Consolidated revenues from continuing operations increased to $315.8 million from $259.7 million in the third quarter of 2010
Consolidated operating income f...
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Otter Tail Corporation Announces Resignation of John Erickson as CEO, Erickson to Continue Service on Board of Directors
Sep 8, 2011
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FERGUS FALLS, Minn., Sept. 8, 2011 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced the resignation of John Erickson as president and CEO. Erickson will continue his service on the board of directors. The board has appointed current director Edward J. ("Jim") McIntyre to serve as interim CEO. McIntyre is retired vice preside...
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Otter Tail Corporation Announces Second Quarter Earnings; Refines Strategic Direction; Updates Earnings Guidance for 2011
Aug 8, 2011
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FERGUS FALLS, Minn., Aug. 8, 2011 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the quarter ended June 30, 2011.Summary:
Consolidated revenues from continuing operations increased to $317.0 million from $251.3 million in the second quarter of 2010
Consolidated operating income from continu...
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Otter Tail Corporation Declares Quarterly Dividend
Aug 4, 2011
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FARGO, N.D., Aug. 4, 2011 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) announced today that the Board of Directors declared a quarterly common dividend of $0.2975 cents per share, payable on September 10, 2011 to shareholders of record on August 15, 2011. This represents the 291st consecutive quarter that dividends have been paid on com...
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Otter Tail Corporation Announces First Quarter Earnings; Sale of Idaho Pacific Holdings, Inc.; Updates Earnings Guidance
May 9, 2011
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FERGUS FALLS, Minn., May 9, 2011 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the quarter ended March 31, 2011.Summary:
Consolidated revenues from continuing operations were $286.7 million compared with $243.7 million for the first quarter of 2010
Consolidated operating income from contin...
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Otter Tail Corporation Declares Quarterly Dividend
May 5, 2011
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FARGO, N.D., May 5, 2011 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) announced today that the Board of Directors declared a quarterly common dividend of $0.2975 cents per share, payable on June 10, 2011 to shareholders of record on May 13, 2011. This represents the 290th consecutive quarter that dividends have been paid on common stock...
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Otter Tail Corporation Holds 2011 Annual Meeting
Apr 12, 2011
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FERGUS FALLS, Minn., April 12, 2011 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) hosted 357 shareholders and guests at its annual meeting of common shareholders on Monday, April 11 in Fergus Falls, Minnesota. Represented by proxy or present in person at the meeting were 84% of the corporation's total shares outstanding. Shareholders ree...
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Otter Tail Corporation Reports 2010 Financial Results and Issues 2011 Earnings Guidance
Feb 7, 2011
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FERGUS FALLS, Minn., Feb. 7, 2011 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the fourth quarter and year ended December 31, 2010.2010 Summary:
Consolidated revenues rose 7.7% to $1.1 billion compared with $1.0 billion in 2009
Consolidated net loss was $1.3 million compared with net inco...
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Otter Tail Corporation Declares Quarterly Dividend
Feb 3, 2011
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FARGO, N.D., Feb. 3, 2011 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) announced today that the Board of Directors declared a quarterly common dividend of $0.2975 cents per share, payable on March 10, 2011 to shareholders of record on February 15, 2011. This represents the 289th consecutive quarter that dividends have been paid on commo...
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Otter Tail Corporation Announces Third Quarter 2010 Results
Oct 28, 2010
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FERGUS FALLS, Minn., Oct. 28, 2010 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the quarter ended September 30, 2010.Highlights
Consolidated revenues rose 9.0% compared with the third quarter of 2009
Diluted earnings per share were $0.16 compared with $0.29 in the third quarter of 2009 refl...
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Otter Tail Corporation Chief Operating Officer Lauris Molbert Resigns
Oct 4, 2010
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FARGO, N.D., Oct. 4, 2010 (GLOBE NEWSWIRE) -- Otter Tail Corporation announced today that its Executive Vice President and Chief Operating Officer (COO) Lauris Molbert has resigned from the company, effective December 30, 2010. The company is evaluating plans to replace the COO role and its responsibilities. In the interim, Molbert's duties will b...
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Otter Tail Corporation Announces Second Quarter 2010 Results
Aug 2, 2010
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FERGUS FALLS, Minn., Aug. 2, 2010 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the quarter ended June 30, 2010.Highlights
Consolidated revenues rose approximately 9.5% compared with the second quarter of 2009.
Second quarter 2010 results include a noncash asset impairment charge of $19.7 mill...
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Otter Tail Corporation Announces First Quarter Earnings; Reaffirms Earnings Guidance; Board of Directors Declares Dividends
May 3, 2010
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FERGUS FALLS, Minn., May 3, 2010 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR - News) today announced financial results for the quarter ended March 31, 2010.
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Otter Tail Corporation Holds 2010 Annual Meeting
Apr 12, 2010
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FERGUS FALLS, Minn., April 12, 2010 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) hosted 327 shareholders and guests at its annual meeting of common shareholders on Monday, April 12 in Fergus Falls, Minnesota. Represented by proxy or present in person at the meeting were 82% of the corporation's total shares outstanding. Shareholders re...
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Otter Tail Corporation Reports 2009 Financial Results and Issues 2010 Earnings Guidance; Board Declares Quarterly Dividend
Feb 8, 2010
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FERGUS FALLS, Minn., Feb. 8, 2010 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the fourth quarter and year ended December 31, 2009.2009 Summary:
Diluted earnings per share were $0.71 compared with $1.09 in 2008.
Consolidated revenues decreased to $1.0 billion from a record $1.3 billion in 20...
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Otter Tail Corporation Announces Closing of Public Offering of Senior Unsecured Notes
Dec 4, 2009
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FARGO, N.D., Dec. 4, 2009 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) announced today the closing of an offering of $100 million of its 9.000% Notes due 2016. The Notes will be senior unsecured obligations of Otter Tail Corporation. Otter Tail Corporation intends to use the net proceeds of the offering to reduce borrowings under its re...
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