Profile: Raven Industries Inc (RAVN.O)
26 May 2017
Raven Industries, Inc., incorporated on February 11, 1956, is a diversified technology company providing a range of products to customers within the industrial, agricultural, energy, construction and defense markets. The Company conducts business through its subsidiaries: Aerostar International, Inc. (Aerostar), Vista Research, Inc. (Vista), Raven International Holding Company BV (Raven Holdings), Raven Industries Canada, Inc. (Raven Canada), SBG Innovatie BV, Navtronics BVBA, Raven Industries GmbH (Raven GmbH), Raven Industries Australia Pty Ltd (Raven Australia) and Raven Do Brazil Participacoes E Servicos Technicos LTDA (Raven Brazil). The Company markets its products across the world and has its principal operations in the United States. The Company operates through three segments: Applied Technology Division (Applied Technology), Engineered Films Division (Engineered Films) and Aerostar Division (Aerostar).
The Applied Technology segment designs, manufactures, sells and services precision agriculture products and information management tools for growers. The Applied Technology product families include field computers, application controls, global positioning system (GPS)-guidance and assisted-steering systems, automatic boom controls, yield monitoring and planter and seeder controls, harvest controls, and an integrated real-time kinematic (RTK) and information platform, Slingshot. Applied Technology sells its precision agriculture control products to both original equipment manufacturers (OEMs) and through aftermarket distribution in the United States and in various agricultural areas across the world.
The Engineered Films segment produces plastic films and sheeting for energy, agricultural, construction, geomembrane and industrial applications. Engineered Films sells plastic sheeting to independent third-party distributors in each of the various markets it serves. A primary part of this business is technical, engineered geomembrane films that protect environmental resources through containment linings and coverings for energy, agriculture, construction, and industrial markets.
The Aerostar segment designs and manufactures products, including balloons, tethered aerostats and radar processing systems. These products can be integrated with additional third-party sensors to provide research, communications, and situational awareness to government and commercial customers. Aerostar sells to government agencies or commercial users as a prime or sub-contractor.
Raven Industries Inc
205 E 6Th St
PO Box 5107
SIOUX FALLS SD 57117-5107