Tennant Company TNC

Company Overview

Tennant Company (NYSE: TNC) is a U.S.-based industrial manufacturer specializing in cleaning equipment, sustainable cleaning technologies, and related services for commercial, industrial, and institutional markets. The company operates primarily in the facility maintenance and industrial cleaning industries, providing floor-cleaning machines, outdoor cleaning equipment, detergent-free cleaning technologies, aftermarket parts, consumables, and field services. Tennant’s products are used across sectors including manufacturing, warehousing, logistics, retail, education, healthcare, transportation, and government facilities.

The company’s primary revenue drivers include sales of automated and manual floor-cleaning equipment, replacement parts, consumables, equipment leasing, and aftermarket service programs. Tennant has positioned itself as a technology-focused cleaning solutions provider through innovations in autonomous cleaning equipment and environmentally focused cleaning systems such as ec-H2O technology, which reduces chemical and water usage. Founded in 1870 in Minneapolis, Minnesota, Tennant originally manufactured woodworking products before transitioning into floor-cleaning equipment during the 20th century and evolving into a global cleaning technology company through organic growth and acquisitions.