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Raven Industries Reaches Supply Agreement With CNH Industrial

SIOUX FALLS, S.D., Nov. 19, 2015 (GLOBE NEWSWIRE) -- Raven Industries (NASDAQ:RAVN) and CNH Industrial N.V. (NYSE:CNHI) (MI:CNHI) have established a new long term agreement, strengthening the partnership between the two companies. This agreement will expand the use of Raven products and technology through the global dealer network for CNH Industrial brands Case IH and New Holland Agriculture.

The partnership is a reflection on Raven’s ability to deliver high quality, innovative products that drive results for growers and custom applicators around the world. It enables Raven and CNH Industrial to help customers increase efficiency, decrease input costs, and deliver higher yields in order to feed a growing population both today and in the future.

“We are committed to developing ground-breaking products and high quality service that has a positive impact on our customers' efficiency and profitability in their operations,” says Brian Meyer, Vice President and General Manager of Raven’s Applied Technology Division. “One of the ways we achieve this is by working with partners such as CNH Industrial to develop solutions to the challenges our mutual customers face every day in the field. This agreement also positions Raven well for growth in key markets moving forward.”

To learn more about Raven, visit www.ravenprecision.com.

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. Raven’s purpose is to solve great challenges in areas of safety, feeding the world, energy independence, and resource preservation. To realize this purpose, we utilize our strengths in engineering, manufacturing, and technological innovation to serve the precision agriculture, high performance specialty films, aerospace, and situational awareness markets. Visit www.RavenInd.com for more information.

Contact Information: Ryan Molitor Marketing Manager Raven Industries 605.335.0179

Source:Raven Industries, Inc.