Tennant Company (TNC) is a leading global business that specializes in providing solutions for commercial, industrial, and outdoor environments. It focuses primarily on designing, manufacturing, marketing, and servicing of cleaning solutions and equipment. It's recognized for its comprehensive range of floor cleaning machines that includes scrubbers, sweepers, extractors, burnishers among many others. The company is known for their innovative approach to cleaning technology, prioritizing efficiency and sustainability.
Founded in 1870 by George H. Tennant, the company transformed from a small wooden furniture and flooring company into a worldwide manufacturer of industrial cleaning equipment. The headquarters are located in Minneapolis, Minnesota, USA, but they operate across a variety of markets globally.
TENNANT CO pioneers in producing cleaning equipment that not only enhance the productivity and health of the companies they serve but also play a part in creating a cleaner, safer world for everyone. The company's commitment to leading the cleaning industry extends to their introduction of ec-H20 technology, allowing units to clean using electrolyzed water as a detergent substitute.
Their clientele encompasses a wide range of sectors from hospitality, retail, healthcare, to industries, warehouses and educational institutions. In addition to manufacturing, it also provides parts, consumables, service, and innovative digital solutions to its customers.
Tennant's commitment to sustainability and saving resources aligns closely with its fundamental business - cleaning. It’s steadily focusing on ways to reduce the levels of waste it generated, decrease its reliance on non-renewable resources, and lessen its overall environmental impact.
The company has more than 4,300 employees and earned net sales amounting to $1.14 billion in 2020, with approximately 43% of these sales coming from their North America segment, followed by their EMEA and APAC segments. The company's shares are traded on the NYSE under the ticker symbol "TNC".
Its research and development wing places a particular emphasis on creating new and improved products, as well as ensuring current product designs are updated to align with changing customer needs and preferences. This ensures the company's status as a front-runner in the supplies industry and a trusted brand internationally.
In conclusion, Tennant Company has built a reputation for quality and innovation over its long history, it continues to evolve and adapt to changes in technology and customer needs while remaining focused on its mission to create a cleaner, safer, healthier world.