Raven Opens New Headquarters, Reports Earnings

Raven Industries, Inc. has opened a new location near Regina, SK. The Canadian headquarters for Raven Applied Technology will serve as the central campus for precision and autonomous agriculture innovation, training and service for Raven Canada.

“Establishing a headquarters for Raven Canada in Saskatchewan proves our dedication to this pivotal market,” said Brian Meyer, vice president of Raven Applied Technology. “Our history with precision ag solutions in Canada has provided confidence that this location will be a catalyst for significant growth for Raven.”

The new 21,000-square-foot building will house operations such as assembling, manufacturing and testing for Raven Dot Power Platforms. Raven acquired DOT Technology Corp. in June.

In related news, Raven reported a 22 percent increase in third-quarter net sales in its applied technology segment, which was driven by growth in the OEM channel. Consolidated net sales were down 3.9 percent for the quarter.

Raven also has announced a partnership with Economic Development Regina (EDR) in which Raven will provide resources to EDR’s Agriculture and Food Initiative to support collaboration for agriculture throughout Western Canada.

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