LYCOS RETRIEVER 
Otter Tail
built 642 days ago
By 1995, Otter Tail Power held radio stations, a telephone utility, manufacturing operations, electrical and telephone construction contractors, and a medical imaging equipment supplier. The low-profile Otter Tail Power gained some media attention in 1995 when Mid-States Development, Inc. purchased an 85 percent interest in a Northern League baseball franchise, the Fargo-Moorhead Red Hawks, for about $1.2 million. Mid-States initially offered to buy a minority interest in the team to assure radio broadcast rights of the games, but other investors pulled out of the deal.
Source:
Now, Otter Tail won't turn America into a tree-hugging, wind-powered paradise by itself, but it's a good start. And Otter Tail stands to benefit greatly from this very green trend for years to come. DMI is still too small of an operation to count as a reportable segment. (It's lumped in with contract machining, metal parts fabrication, and horticultural containers, among other things.) That might have to change soon, given this operation's increased scale.
Source:
Otter Tail-Wadena Community Action council was born on March 12, 1965 when seventy-five local residents met to discuss the Economic Opportunity Act. At that time an eleven-person board was elected. Since that time such programs as Head Start, Energy Savers (the first Weatherization project in the nation), Fuel Assistance, Money Management, Family Planning, Wheels for Workers, Affordable homes, Home Stretch and others have been initiated. These programs continue to serve the area's population and testify to OTWCAC's Mission Statement.
Source:
Otter Tail Power Company, an investor-owned electric utility, serves a 50,000-square-mile territory in western Minnesota, eastern North Dakota, and northeastern South Dakota. Operating in a highly regulated electric industry and in an extreme climate, Otter Tail Power has built a reputation of being a well-run company and a good investment. Management historically has had strong ties to its operating region. The company launched a successful diversification program into nonregulated businesses in the late 1980s.
Source:
This is not to say that Otter Tail's financial health is paramount in all instances, [Footnote 2/6] or that the electric power industry as regulated by the Commission is per se exempt from the antitrust laws. In the absence of a specific statutory immunity, cf. Hughes Tool Co. v. Trans World Airlines,
Source:
Otter Tail Power extended its 115,000-volt transmission grid in the late 1950s. Subsequent interconnections with adjacent electric systems set the stage for sharing electric power. In 1961 the company became a charter member of the Upper Mississippi Valley Power Pool. Benefits included a reduction of individual generating capacity requirements, decreased operating costs through using the most economical units in the pool, and greater reliability of service to customers.
Source:
MORE ABOUT
Otter Tail