User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


59° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

Watch tonight's gubernatorial forum live at 8 p.m. central

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Raven Announces $15 Million Renovation

October 18, 2011, 4:57 PM by Peggy Moyer

Raven Announces $15 Million Renovation
SIOUX FALLS, SD - Raven Industries solidifies its presence in downtown Sioux Falls.

The company's CEO announced a multi-million dollar project that keeps its corporate headquarters in the heart of the city.

Raven Industries CEO Dan Rykhus announced a $15 million renovation project at its corporate facility. It's a big announcement for the downtown district as it means the company will not move out of the area.

"We took a look to say, 'Is it really right to invest in downtown or should we build something on the edge of town like a lot of companies have done?'  And very quickly we came to the conclusion to stay downtown. We believe in this part of the city. It's important to us that we attract employees. There's a great draw in being downtown," Raven CEO Dan Rykhus said.

Raven has more than 380 employees in the downtown district right now, but plans to hire more in the next year.

The renovations will allow for all of the company's corporate office employees to remain in one building. In addition to making room for new employees, Raven will modernize the interior office space but reveal the exteriors of the buildings and their nearly century old characteristics to fit in with the rest of the downtown atmosphere.

"We're really working hard to preserve the historic character of downtown with our building project and also the visual appeal of the River Greenway project," Rykhus said.

Phase one of the project is already underway. Construction crews are working on the exteriors of the buildings.

Architectural renderings show the company's new main entrance will be on the west side of the building.

Rykhus says the company's revenue jumped $75 million last year and he predicts the company's growth to continue based on the niche markets the company serves.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

You may also like

Body Of Missing Realtor Found At Arrowhead Park

10/18/2014 3:22 PM

The body of a missing Sioux Falls realtor has been found.

Full Story
SFPD Search For Missing Realtor

10/18/2014 11:45 AM

The Sioux Falls Police Department is asking for the public’s help in finding a missing woman.

Full Story
UPDATE: Two People Dead In SF Crash

10/17/2014 9:52 PM

Two people are dead after a two vehicle crash on Friday night in Sioux Falls.

Full Story
Body Of Pam Kneip Found After Search

10/18/2014 10:00 PM

Hundreds of volunteers gathered by an entrance at Arrowhead Park Saturday as police conducted a search for a missing woman.  The friends, family ...

Full Story | Watch
Police Release Names In Deadly Sioux Falls Crash

10/18/2014 8:19 PM

Police say two Sioux Falls men died in a crash Friday evening in the western part of the city.

Full Story


Events