Otter Tail Corporation operates through three principal segments: Electric, Manufacturing, and Plastics. The Electric segment, operating as Otter Tail Power Company, serves residential, commercial, and industrial customers in the Upper Midwest using a generation mix of coal, natural gas, wind, and solar resources. The Manufacturing segment provides contract machining, metal fabrication, and custom parts for various industrial and recreational markets. The Plastics segment manufactures polyvinyl chloride (PVC) pipes used in municipal water, wastewater, and agricultural applications. While the regulated electric utility provides predictable earnings and underpins the company's dividend, the manufacturing and plastics divisions offer additional growth potential and have recently contributed a substantial portion of overall profitability.
