Business Description :
Raven Industries, Inc., together with its subsidiaries, provides various products to customers in the industrial, agricultural, energy, construction, and military/aerospace markets worldwide. It operates in three segments: Applied Technology, Engineered Films, and Aerostar. The Applied Technology segment designs, manufactures, sells, and services precision agriculture products and information management tools that enable growers to enhance farm yields. Its products include field computers, application controls, GPS-guidance and assisted-steering systems, automatic boom controls, yield monitoring planter controls, seeder and harvest controls, and motor controls, as well as Slingshot, an integrated RTK and information platform. This segment sells its products to original equipment manufacturers and through aftermarket distribution. The Engineered Films segment produces plastic films and sheeting for energy, agricultural, construction, geomembrane, and industrial applications. This segment sells plastic sheeting to independent third-party distributors. The Aerostar segment designs and manufactures high-altitude balloons, tethered aerostats, and radar processing systems to provide research, communications, and situational awareness to government and commercial customers. This segment also sells military parachutes, uniforms, and protective wear, as well as provides electronics manufacturing services to aerospace and situational awareness markets. The company was founded in 1956 and is headquartered in Sioux Falls, South Dakota.
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