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.


67° 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.

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

16-Year-Old Sioux Falls Teen Found

9/15/2014 10:53 AM

According to Sioux Falls Police, 16-year-old Piper Hyser was found Sunday afternoon.

Full Story
Vikings' Peterson Indicted For 'Reckless Or Negligent Injury To A Child'

9/12/2014 4:14 PM

According to reports, Minnesota Vikings running back Adrian Peterson has been indicted in Texas for ‘reckless or negligent injury to a child.&rs...

Full Story
Sioux Falls Officer Injured In Vehicle Crash

9/12/2014 10:55 AM

A Sioux Falls Police Officer was taken to the hospital by ambulance after a crash on his motorcycle this morning.

Full Story
Adrian Peterson Turns Himself In

9/13/2014 7:09 AM

Minnesota Vikings running back Adrian Peterson turned himself in to authorities in Texas Saturday morning after he was indicted by a grand jury for ch...

Full Story
Freeman Forfeits But Fights On

9/11/2014 10:00 PM

It looks like business as usual for the Freeman Flyers, running through drills and working on technique, but this week is anything but.

Full Story | Watch


Events