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.