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Announcement
By By Minneapolis / St. Paul Business Journal Updated July 12, 2023
Rihm Kenworth reported 2023 revenue of nearly $340 million, while debuting on the Fast 50 list at No. 38. The South St. Paul truck dealership had a growth rate of 47.15% from 2021 to 2023.
More on Rihm Kenworth from President and CEO Kari Rihm
What’s your company’s core focus this year? This year, our core focus is driving operational excellence through leadership development, skills enhancement and improved profitability. We’re also supporting personal and professional growth with our "7 Gears of Health and Wellness" initiative, offering resources and activities to enhance physical, mental, social, financial, professional, digital and legal well-being.
What action or actions have you taken recently that set you up for long-term success versus short-term gains? We’ve invested in team training, implemented advanced technology to streamline operations, and strengthened customer loyalty programs. Our focus on sustainability, including eco-friendly practices and fuel-efficient trucks, positions us for long-term growth while aligning with industry trends.
Do you have a BHAG for your company? Our Big Hairy Audacious Goal is to be the favorite and leading provider of commercial truck solutions in the Midwest, known for outstanding customer service, innovative technology and sustainability. We strive to set the industry standard in operational excellence and employee development.
Rihm Kenworth
Rank: 38
Growth rate: 47.15%
Top executive: Kari Rihm
Headquarters: South St. Paul
Employees at end of 2021: 274; Now: 300
2021 revenue: $230,947,000
2022 revenue: $254,536,000
2023 revenue: $339,836,000
The original article was published on Minneapolis/St. Paul Business Journal's website.
Investing in the Future: Reflecting on Another Successful Tri-District CAPS Internship Experience at Rihm
At Rihm Family Companies, we invest in the future of our industry and our communities. One of my favorite ways we do that each year is through our partnership with the Tri-District CAPS (Center for Advanced Professional Studies) program.
Kenworth Donates T680 as 2026 “Transition Trucking: Driving for Excellence” Award for 11th Year
Kenworth, Fastport and the U.S. Chamber of Commerce Foundation’s Hiring Our Heroes initiative announced today they are again partnering in the search for America’s top rookie military veteran driver who successfully transitioned to the trucking industry following military service.
Kenworth Offers $1,000 Savings to OOIDA Members on Qualifying New T680, T880, W990 and W900 Sleeper Truck Purchases
Kenworth and the Owner-Operator Independent Drivers Association (OOIDA) have teamed up to provide a $1,000 savings to OOIDA members on qualifying purchases of new Kenworth sleeper trucks during 2026.
Kenworth Introduces Limited-Edition TourAmerica Paint Scheme, Donates T680 to Freedom 250 Museum Tour
Kenworth today announced the launch of a special edition paint scheme created in celebration of the Freedom 250 initiative, a nationwide effort honoring the Nation’s 250th birthday and highlighting the spirit of American trucking.