Trinity Industries buys Otter Tail's wind-tower unit for US$ 20 million

Otter Tail Corporation has announced it has entered into definitive agreements with Trinity Industries, Inc., based in Dallas, Texas, to sell the property, plant and equipment of DMI Industries in Ft. Erie, Ontario, West Fargo, North Dakota and Tulsa, Oklahoma for $20 million. The Ft. Erie transaction closed on September 6, 2012, and the West Fargo and Tulsa transactions will close in November and December 2012, respectively.