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RAVN - Raven Industries, Inc.
Raven Industries, Inc. is a publicly-traded company that specializes in producing high-quality industrial products for various applications, including agriculture, construction, and military defense. The company is headquartered in Sioux Falls, South Dakota, and was founded in 1956.
Raven Industries is divided into three operating segments: Applied Technology, Engineered Films, and Aerostar. The Applied Technology segment provides precision agriculture products, including guidance and assisted steering systems, automated control systems, and field computers. The Engineered Films segment produces high-performance plastic films and sheeting used in agriculture, construction, and other industries. The Aerostar segment provides high-altitude balloons, tethered aerostats, and radar processing systems for government and commercial customers.
Raven Industries is known for its innovative products and technologies that help improve operational efficiencies, reduce costs, and enhance productivity. The company has received numerous awards for its products and services, including recognition from the National Agri-Marketing Association and the United States Environmental Protection Agency.
In addition to its focus on producing high-quality industrial products, Raven Industries is also committed to sustainable practices and environmental responsibility. The company has implemented various initiatives to reduce its environmental impact, including energy conservation efforts, waste reduction programs, and the use of environmentally-friendly materials.
As of September 2021, Raven Industries has a market capitalization of over $1.4 billion and trades on the NASDAQ stock exchange under the ticker symbol "RAVN". The company has a strong financial track record, with consistent revenue growth and profitability over the years. Raven Industries has a global presence, with operations in North America, Europe, and Asia-Pacific.
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