Raven Ranks #68 on 2006 List
SIOUX FALLS, S.D., Oct. 17 /PRNewswire-FirstCall/ -- Raven Industries,
Inc. (Nasdaq: RAVN) today announced it was named to the 2006 Forbes list of
the 200 Best Small Companies. Forbes ranked Raven Industries, Inc. as the
68th top U.S. small company and 37th based on ROE (return on equity).
"We thank Forbes for this honor as it is a true attestation of the
company's dedication to its customers and business strategy," said
President and CEO Ronald M. Moquist. "We continue to focus on producing
profitable growth and our strategy is working. We are making the necessary
investments throughout all divisions to help drive future cash flows."
To be included in the Forbes list, a company must be a solid,
consistent performer with a strong record over the past 12-month and
five-year periods, and positioned for further growth. As an industrial
manufacturer, Raven's growth strategy is driven by its ability to develop
new product initiatives and address customer needs. The company celebrates
its 50th anniversary this year and continues to strengthen each of its
business lines and focus on international expansion opportunities.
About Raven Industries, Inc.
Celebrating its 50th anniversary, Raven is an industrial manufacturer
that provides electronics manufacturing services, reinforced plastic
sheeting and flow control devices to various markets.
For more information on Raven Industries, please visit the company's
website at http://www.ravenind.com .
SOURCE Raven Industries, Inc.
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Related links:
http://www.ravenind.com
CONTACT:
Tom Iacarella, Vice President & CFO, of Raven
Industries, +1-605-336-2750; or Analyst Inquiries, Leslie Loyet,
+1-312-640-6672, or Media Inquiries, Tim Grace, +1-312-640-6667,
both of Financial Relations Board
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