The Tennant Company (TNC:NYQ) is a
company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common p ...
with about 4000 employees that provides cleaning products. It is a company that is listed in the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed c ...
.
Background
Tennant's products are used to clean and coat surfaces. The Company operates through the following operating segments: North America, Latin America, Europe, Middle East, Africa, and Asia Pacific.
The company was founded in
Minneapolis
Minneapolis () is the largest city in Minnesota, United States, and the county seat of Hennepin County. The city is abundant in water, with thirteen lakes, wetlands, the Mississippi River, creeks and waterfalls. Minneapolis has its origins ...
by George H. Tennant as a wood-working business in 1870. It was incorporated in 1909.
Tennant is the U.S. market leader in cleaning equipment.
In 2017, Tennant announced the acquisition of IPC Group, a company based in Italy manufacturing cleaning machines.
In, 2018, Tennant launched their first fully-autonomous scrubber powered by the Brain Corp. AI Operating System.
As of May, 2023, the Tennant Company is the world's largest manufacturer of autonomous mobile robots with over 6,000 units deployed across the world.
References
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Companies listed on the New York Stock Exchange