All News Releases
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Mark Olson Resigns From Otter Tail Corporation Board of Directors
May 20, 2013
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FARGO, N.D., May 20, 2013 (GLOBE NEWSWIRE) -- Otter Tail Corporation announced today that Mark Olson has submitted his resignation from its Board of Directors, effective May 14, 2013.
In his letter of resignation, Olson stated, "My resignation is required because my company, Treliant Risk Advisors, of which I am a principal, is about to enter i...
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Otter Tail Corporation Announces Strong First Quarter Earnings and Reaffirms 2013 Earnings Guidance
May 6, 2013
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FERGUS FALLS, Minn., May 6, 2013 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the quarter ended March 31, 2013.Summary:
Consolidated net income and diluted earnings from continuing operations totaled $15.2 million and $0.41 per share, respectively, compared with $10.2 million and $0.28 per sha...
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Otter Tail Corporation Declares Quarterly Dividend
May 3, 2013
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FARGO, N.D., May 3, 2013 (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, 2013 to shareholders of record on May 15, 2013. This represents the 298th consecutive quarter that dividends have been paid on common stock...
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Otter Tail Corporation to Host Conference Call on First Quarter 2013 Financial Results
Apr 29, 2013
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FERGUS FALLS, Minn., April 29, 2013 (GLOBE NEWSWIRE) -- Otter Tail Corporation will issue a news release announcing first quarter 2013 earnings results after the market close on May 6, 2013, and host a live conference call and webcast on May 7, 2013, at 10:00 a.m. CDT to discuss the company's financial and operating performance.
The presentatio...
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Otter Tail Corporation Holds 2013 Annual Meeting
Apr 8, 2013
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FERGUS FALLS, Minn., April 8, 2013 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) hosted 285 shareholders and guests at its annual meeting of common shareholders on Monday, April 8 in Fergus Falls, Minnesota. This was the company's 103rd annual meeting. Represented by proxy or present in person at the meeting were 77% of the corporation's...
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Otter Tail Corporation Reports Solid Financial Results for 2012 and Provides 2013 Earnings Guidance
Feb 11, 2013
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FERGUS FALLS, Minn., Feb. 11, 2013 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the year ended December 31, 2012.2012 Summary:
The corporation continues to execute on its strategy of de-risking with divestitures of DMS Health Technologies, Inc. (DMS) and DMI Industries, Inc. (DMI) in 2012 and S...
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Otter Tail Corporation Sells ShoreMaster
Feb 8, 2013
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FARGO, N.D., Feb. 8, 2013 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced it has sold substantially all of the assets of ShoreMaster, its waterfront equipment manufacturing business, to High Street Capital, a longstanding private equity group based in Chicago, IL. The impact of this transaction on the 2012 Otter Tail Corpor...
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Otter Tail Corporation Announces Fourth Quarter and Full-Year 2012 Earnings Webcast
Feb 5, 2013
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FERGUS FALLS, Minn., Feb. 5, 2013 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) will issue a news release announcing fourth quarter and full-year 2012 earnings results as well as 2013 guidance after the market close on February 11, 2013. The corporation will host a live webcast on February 12, 2013, at 10:00 a.m. CST to discuss the compa...
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Otter Tail Corporation Declares Quarterly Dividend
Feb 4, 2013
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FARGO, N.D., Feb. 4, 2013 (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 9, 2013 to shareholders of record on February 15, 2013. This represents the 297th consecutive quarter that dividends have been paid on common...
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Otter Tail Corporation Announces Third Quarter Earnings and Maintains Earnings From Continuing Operations Guidance; Board of Directors Declares Dividend
Nov 5, 2012
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FERGUS FALLS, Minn., Nov. 5, 2012 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the quarter ended September 30, 2012.Summary:
The corporation entered into definitive agreements to sell the fixed assets of DMI Industries, Inc. (DMI) and completed the sale of DMI's Canadian fixed assets in the th...
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Otter Tail Corporation to Sell DMI Industries' Property, Plant and Equipment to Trinity Industries, Inc.
Sep 6, 2012
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FARGO, N.D., Sept. 6, 2012 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) announced today it has entered into definitive agreements with Trinity Industries, Inc., based in Dallas, Texas, to sell the property, plant and equipment of DMI Industries in Ft. Erie, Ontario, West Fargo, North Dakota and Tulsa, Oklahoma for $20 million. The Ft. E...
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Otter Tail Corporation Announces Second Quarter Earnings; Announces Signed Letter of Interest to Sell DMI Industries' Assets and Updates Earnings Guidance
Aug 6, 2012
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FERGUS FALLS, Minn., Aug. 6, 2012 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the quarter ended June 30, 2012.Summary:
The corporation entered into a nonbinding letter of interest to sell the property, plant and equipment of its wind tower manufacturer, DMI Industries, Inc. (DMI), for $20 mil...
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Otter Tail Corporation Declares Quarterly Dividend
Aug 3, 2012
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FARGO, N.D., Aug. 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 September 10, 2012 to shareholders of record on August 15, 2012. This represents the 295th consecutive quarter that dividends have been paid on com...
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Otter Tail Corporation Announces First Quarter Earnings; Completes Sale of DMS Health Technologies, Inc. and Updates Earnings Guidance
May 7, 2012
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FERGUS FALLS, Minn., May 7, 2012 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the quarter ended March 31, 2012.Summary:
Consolidated net income and diluted earnings from continuing operations totaled $9.5 million and $0.26 per share, respectively, compared with $5.2 million and $0.14 per share...
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Otter Tail Corporation Declares Quarterly Dividend
May 3, 2012
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FARGO, N.D., May 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 June 9, 2012 to shareholders of record on May 15, 2012. This represents the 294th consecutive quarter that dividends have been paid on common stock....
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Otter Tail Corporation Holds 2012 Annual Meeting
Apr 16, 2012
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FERGUS FALLS, Minn., April 16, 2012 (GLOBE NEWSWIRE) -- Otter Tail Corporation hosted 318 shareholders and guests at its annual meeting of common shareholders on Monday, April 16 in Fergus Falls, Minnesota. This was the company's 102nd annual meeting and was the first meeting Nathan Partain, who has been a director since 1993, served as Chairman of...
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Otter Tail Corporation Reports 2011 Financial Results and Issues 2012 Earnings Guidance, Declares Quarterly Dividend
Feb 6, 2012
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FERGUS FALLS, Minn., Feb. 6, 2012 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) today announced financial results for the year ended December 31, 2011.2011 Summary:
Divestures of Idaho Pacific Holdings, Inc. (IPH), E.W. Wylie Corporation (Wylie) and Aviva Sports, Inc. (Aviva) bolster strategy to reduce corporation's risk profile
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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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