SIOUX FALLS, S.D., Nov. 3, 2011 (GLOBE NEWSWIRE) -- Six consecutive times! Raven Industries (Nasdaq:RAVN) is excited to announce their 49th place position on the Forbes America's Best Small Companies. This great honor is based on earnings growth, sales growth and return on equity over the past 12 months and the past five years. Raven's stock performance versus its peers was another key factor. Check out the list for yourself at www.forbes.com.
"It is an honor to be recognized by Forbes on such a consistent basis. We strive to be one of the best companies in America, and I believe our culture of service, innovation, quality, and peak performance sets Raven apart. We believe in developing our team members and holding ourselves accountable for the company's enduring success." - Dan Rykhus, President and Chief Executive Officer, Raven Industries
Raven Industries is a diversified technology company that embraces an integrated approach amongst its four divisions:
• Applied Technology provides electronic GPS products and information management tools designed to reduce operating costs and improve yields for the global agriculture market.
• Engineered Films manufactures high-performance reinforced plastic sheeting for custom applications in industrial, construction, energy and agricultural markets.
• Electronic Systems provides custom electronic manufacturing services, primarily printed circuit boards and sub-assemblies for North American original equipment manufacturers.
• Aerostar designs and builds highly engineered aerostats for government and commercial applications including research, communications surveillance and intelligence gathering.
About Raven Industries, Inc.
Since 1956, Raven Industries has designed and manufactured high-quality, high-value technical products. Raven is publicly traded on Nasdaq (RAVN) and has earned an international reputation for innovation, product quality, high performance and unmatched service. With strengths in engineering, manufacturing, and technological innovation, Raven serves the precision agriculture, high performance specialty films, aerospace, and electronic manufacturing services markets.
The Raven Industries, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9627
On the Internet, information is available at the company's website, www.ravenind.com.