Special Report

100 Best Small Companies in America


  • Revenue: $382 million
  • Market Cap: $1.1 billion
  • CEO: Rykhus, Daniel
  • Industry: Industrial Conglomerates
  • Headquarters: Sioux Falls, South Dakota
  • Year Founded: 1956
  • Ticker: RAVN (get quote)

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Raven Industries, Inc., together with its subsidiaries, manufactures various products for industrial, agricultural, construction, and military/aerospace markets, primarily in North America. It operates in four segments: Applied Technology, Engineered Films, Electronic Systems, and Aerostar International, Inc. (Aerostar). The Applied Technology segment offers electronic and global positioning system devices, which are used primarily on agricultural sprayers for precision farming applications. It also develops products for field location control, chemical injection, and automated steering. This segment, through its home office personnel, sells agricultural control products to original equipment manufacturers and independent third-party distributors. It also markets its products using on-site precision agriculture representatives. The Engineered Films segment produces rugged reinforced plastic sheeting for industrial, construction, and agricultural applications. It sells plastic sheeting to independent third-party distributors through its sales force. The Electronic Systems segment provides electronics manufacturing services for commercial customers. It manufactures assemblies, including avionics, communication, environmental controls, and other products. The Aerostar segment sells high altitude and tethered aerostats for government and commercial research, and military parachutes. It produces uniforms and protective wear for the U.S. government agencies as a subcontractor, and manufactures other sewn and sealed products on a contract basis. The company was founded in 1956 and is headquartered in Sioux Falls, South Dakota.

Raven Industries Inc