Tennant Company (Tennant) design, manufacture and markets technologies and equipment utilized for the maintenance of indoor and outdoor surfaces, and coatings for repair and protection. The company’s product portfolio comprises floor maintenance and outdoor cleaning equipment, specialty surface coatings, preservation products, parts and consumables, and related products, which are used to clean and coat floors in factories, office buildings, parking lots and streets, airports, hospitals, schools, warehouses, and shopping centers. Tennant operates through single reportable segment that encompasses the design, manufacture and sale of products used primarily in the maintenance of non-residential surfaces. The company offers products and solutions that consist of mechanized cleaning equipment, detergent-free and other sustainable cleaning technologies, equipment maintenance and repair service, aftermarket parts and consumables, specialty surface coatings, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions. Tennant products are used in many types of environments including, retail establishments, factories and warehouses, distribution centers, public venues such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and others. It markets and sells its product under the brand name: Tennant, Nobles, Green Machines, Alfa Uma Empresa Tennant, IRIS, Orbio, Superior Anodes, and Waterstar. In FY2017, the company generated 63.5% of the revenue from equipment, followed by 20.2% parts and consumables, 13.2% from service and other and 3.1% from specialty surface coatings. Tennant’s research and development (R&D) activities focus on the development of new products and technologies, modification of existing product design and production processes, and development of new product applications. The company operates a Global Innovation Center in Minnesota, the US. Its R&D activities include new technologies for product differentiation and improvements on existing product design as well as development of new products. It focuses to improvise manufacturing processes and explore new product applications for customers. In FY2017, the company spent US$32 million on its R&D activities, which as a percent of revenue stood at 3.2%. Tennant has manufacturing facilities located in Minneapolis, Minnesota; Holland, Michigan; Chicago, Illinois; and Uden, the Netherlands which are owned by the company. It also has manufacturing facilities located in Louisville, Kentucky; Sao Paulo, Brazil; and Shanghai, China that are leased to the company. It manages sales offices, warehouses and storage facilities obtained under lease in various cities in North America, Europe, Japan, China, Australia, New Zealand and Latin America. Tennant sells products through direct and various distribution channels across the world. In North America, it sells them through a direct sales organization and independent distributors. It also sells its products in Australia, Japan and other countries mainly in Western Europe. The company sells its products directly in 15 countries and more than 80 countries through distributors. Geographically, the company operates through three segments, namely Americas; Europe, Middle East, Africa (EMEA); and Asia Pacific. Americas segment include North America and Latin America. In FY2017, the company generated 63.8% of its revenue from Americas, followed by 27.3% from EMEA; and 8.9% from Asia Pacific.

Company

United States

701 Lilac Dr N

Y

http://www.tennantco.com