FERGUS FALLS, Minn.--(BUSINESS WIRE)-- Otter Tail Corporation (the Company) has activated a company-wide plan to address potential implications of the COVID-19 pandemic.
“Otter Tail Corporation is supporting all the locations we serve with collective efforts to mitigate the spread of COVID-19,” said Otter Tail Corporation President and CEO, Chuck MacFarlane. “Our business continuity and pandemic plans put the health and safety of our employees at the forefront and are designed to help ensure continued electric reliability and operational excellence across our operating companies.”
Based on recommendations from the Centers for Disease Control and Prevention (CDC) and regional health organizations, the Company is working to slow the spread of the virus. Actions include, but are not limited to:
“We will remain diligent in our precautionary health and safety efforts,” said MacFarlane. “To date, COVID-19 has not had a material impact on Otter Tail Corporation. However, we cannot predict whether COVID-19 will have a material impact on the financial condition of, or results of operations for, Otter Tail Corporation.”
About the Corporation: Otter Tail Corporation has interests in diversified operations that include an electric utility and manufacturing businesses. Otter Tail Corporation stock trades on the Nasdaq Global Select Market under the symbol OTTR. The latest investor and corporate information are available at www.ottertail.com. Corporate offices are in Fergus Falls, Minnesota, and Fargo, North Dakota.
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Media contact: Stephanie Hoff, Director of Corporate Communications, (218) 739-8535 or (218) 205-6179 Investor contact: Loren Hanson, Manager of Investor Relations, (218) 739-8481 or (800) 664-1259
Source: Otter Tail Corporation