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North Dakota's DMI Industries plant to be sold

Minnesota-based Otter Tail Corp. is looking to sell its wind tower manufacturing plants in North Dakota and Oklahoma for $20 million. The future is uncertain for the 216 jobs in West Fargo and 167 in Tulsa. An Otter Tail spokesman tells the Fargo Forum the company hopes the new owners “see the value in our plants and skilled workforce.”

Otter Tail Corp. said it had entered into a non-binding letter of interest to sell DMI’s property with its second-quarter earnings announcement on Monday.


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April 18, 2014