Raven Industries
Public | |
Traded as |
NASDAQ: RAVN S&P 600 Component |
Industry |
Aerospace and defense agriculture |
Founded |
February 11, 1956 Sioux Falls, South Dakota, US |
Founder |
J.R. Smith Ed Yost Duwayne Thon Joseph Kaliszewki |
Headquarters | Sioux Falls, South Dakota, US |
Area served | Worldwide |
Key people |
Daniel A. Rykhus, President & CEO Steven Brazones, CFO Stephanie Herseth Sandlin, VP & General Counsel, Former U.S. Representative[1] |
Revenue | US$ 378M (2015)[2] |
US$ 44M (2015)[2] | |
US$ 32M (2015)[2] | |
Total assets | US$ 363M (2015)[2] |
Total equity | US$ 305M (2015)[2] |
Subsidiaries |
Applied Technology Engineered Films Raven Aerostar. |
Website | Raven Industries |
Raven Industries (NASDAQ: RAVN) is a U.S manufacturer of precision agriculture products, high-altitude balloons, plastic film and sheeting, radar systems, and "special apparel" products. The company is headquartered in Sioux Falls, South Dakota.
History
Established in 1956 to make high-altitude balloons, Raven was launched by a group of General Mills employees, including General Mills High Altitude Research division employee Ed Yost.[3][4] After its establishment, the company's product offerings expanded to include items such as commercial and recreational hot air balloons, large plastic storage containers for use in agriculture, and ski pants. The U.S. military and other government agencies are among its clients, and besides the U.S. Department of Defense, Raven Industries has other big name customers such as Google.[5]
Products
Current products
- plastic film from polyethylene
- precision agriculture equipment
- high-altitude balloons
- aerostats
- radar systems
References
Further reading
- 'CEO Interview: Raven Industries,' Wall Street Transcript, October 24, 1994.Meyer, Harvey
- 'Underdog: A Military Contractor Spreads Its Wings,' Journal of Business Strategy, September 19, 1997.
- Palmer, Jay, 'Raven Industries Enjoys Ballooning Business,' Barron's, August 17, 1992, p. 14.
- 'Raven Industries,' Implement and Tractor, January 11, 1996.'Raven Industries Acquires Norcore Plastics, Tank & Technology,' Composite News, February 10, 1997.
- 'Raven Industries Outlook,' Dow Jones News Service, August 12, 1983.'Raven Industries Sees Net Up Strongly in 4th Quarter,' Dow Jones News Service, November 25, 1983.
- Slovak, Julianne, 'Raven Industries,' Fortune, May 21, 1990.
- 'Raven Aerostar News,' http://ravenaerostar.com/news.
External links
- Official Raven Industries page
- Twitter feed
- Official webpage of Raven Applied Technology, a Division of Raven Industries
- Official webpage of Raven Aerostar, a Division of Raven Industries
- Official webpage of Raven Engineered Films, a Division of Raven Industries