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Sioux Falls business Raven Engineered Films changes name to Viaflex

From startup to $2 billion dollar company: Raven Industries stock

View Comments Tech startups of today are often built entirely online and get bought out in months. But there are still stories of classic companies going from good to great over decades. Enter Raven Industries, an old school story of building success in the tech industry as a manufacturer. Going from a small Sioux Falls business to being coveted by one of the world s leading farm equipment manufacturers, Raven s success stems from a focus on creating tomorrow s technology that can bring its customers savings both in time and money. In 1955, four men decided to leave jobs at General Mills Aeronautical Research Laboratory in Minnesota to open up a space research company. By 1956, Joe Kalewski, James (JR) Smith, Paul (Ed) Yost and Duwayne Thon got funding from Cyrus Hoigaard to set up in some old army barracks and officially start Raven Industries. 

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