Otter Tail Corporation believes diversity in our business investments allows for stability and consistency in earnings by lessening the impact of a downturn in any one business or market. Consistent with this philosophy, we have made investments in the electric, health services, manufacturing, plastics and other businesses.

Acquisition Criteria

Coupled with this desire to maintain diversity, we use the following criteria when considering an acquisition opportunity:

• We seek a proven entrepreneurial management team that remains with the company after the acquisition.
• We will be the sole owner of the acquired company.
• We look for emerging to middle market-sized companies, typically with $5 million to $100 million annual gross revenues.
• The acquisition will generate immediate earnings and offer future growth potential.
• The acquired company's products or services are not primarily consumer/retail oriented.

To learn more about our acquisition criteria, contact Patrick McGrath, Director of Corporate Development, at (701) 451-3566.