| Business Summary | | Otter
Tail
Power
Company's
business
operations
are
broken
down
into
five
segments
based
on
products
and
services.
Electric
operations
include
the
electric
utility
only,
and
are
based
in
Minnesota,
North
Dakota
and
South
Dakota.
Plastics
operations
consist
of
businesses
involved
in
the
production
of
polyvinyl
chloride
pipe
in
the
Upper
Midwest
and
Southwest
regions
of
the
United
States.
Health
services
operations
consist
of
businesses
involved
in
the
sale,
service,
rental,
refurbishing
and
operations
of
medical
imaging
equipment,
and
the
sale
of
related
supplies
and
accessories.
Manufacturing
operations
consist
of
businesses
involved
in
the
production
of
wind
towers,
agricultural
equipment,
frame-straightening
equipment
and
accessories.
Other
business
operations
consist
of
businesses
operating
in
electrical
and
telephone
construction
contracting,
transportation,
telecommunications,
entertainment
and
energy
services
and
natural
gas
marketing. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | OTTR
is
engaged
in
the
production,
transmission,
distribution
and
sale
of
electric
energy.
OTTR
also
owns
subsidiaries
in
the
manufacturing,
health
services
and
other
business
operations
segments.
For
the
six
months
ended
6/30/01,
revenues
rose
11%
to
$308.4
million.
Net
income
applicable
to
Common
rose
1%
to
$19.3
million.
Revenues
reflect
increased
wholesale
power
pool
sales.
Earnings
were
partially
offset
by
higher
fuel
and
purchased
power
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John MacFarlane, 61 Chairman,
CEO | $529K | John Erickson, 42 Pres | 214K | Kevin Moug CFO,
Treasurer | -- | Lauris Molbert, 43 Exec.
VP, Corp. Devel. | 364K | Ward Uggerud, 52 VP,
COO | 243K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|