Raven Industries

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Raven Industries
S&P 600 Component
Industry Aerospace and defense
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
Key people
Daniel A. Rykhus, President & CEO
Steven Brazones, CFO
Stephanie Herseth Sandlin, VP & General Counsel, Former U.S. Representative[1]
Revenue Decrease US$ 378M (2015)[2]
Decrease US$ 44M (2015)[2]
Decrease US$ 32M (2015)[2]
Total assets Increase US$ 363M (2015)[2]
Total equity Increase US$ 305M (2015)[2]
Subsidiaries Applied Technology
Engineered Films
Raven Aerostar.
Website Raven Industries

Raven Industries (NASDAQRAVN) 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.


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]


Current products[edit]


Further reading[edit]

  • '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[edit]