Tennant Company Named to Forbes "100 Most Trustworthy Companies in America"
March 27 2014 - 8:45AM
Business Wire
Tennant Company (NYSE: TNC), a world leader in designing,
manufacturing and marketing of solutions that help create a
cleaner, safer, healthier world was named to Forbes’ 2014 list of
“100 Most Trustworthy Companies in America.” GMI Ratings, a company
that specializes in the creation of non-traditional risk measures
for financial analysis, compiles the annual list of publicly traded
businesses in North America. Companies that make the list have the
100 highest scores for trustworthy behavior over the four quarters
of the previous fiscal year. Tennant’s average score for the past
year was 94 and its current AGR score is 98 out of a possible
100.
“Since the Company was founded in 1870, Tennant has conducted
its business with the highest standards of ethics and integrity and
our behavior continues to be guided by the philosophy of
stewardship,” said Chris Killingstad, president and CEO, Tennant
Company. “Tennant has built its reputation on being an ethical and
reliable partner and we appreciate being recognized by Forbes for
operating our business with the highest levels of corporate
accountability and transparency.”
GMI reviewed the accounting and governance practices of more
than 8,000 public companies in North America looking at factors
that are viewed as indicators of a company’s credibility. Separated
by large, mid and small cap companies, Tennant Company was one of
six Minnesota companies to be recognized by the Forbes’ list.
Apogee Enterprises, Buffalo Wild Wings, Inc., Capella Education
Company, Hawkins, Inc., and Patterson Companies, Inc. were also
honored.
About Tennant
CompanyMinneapolis-based Tennant Company (NYSE: TNC) is
a world leader in designing, manufacturing and marketing solutions
that help create a cleaner, safer, healthier world. Its products
include equipment for maintaining surfaces in industrial,
commercial and outdoor environments; chemical-free and other
sustainable cleaning technologies; and coatings for protecting,
repairing and upgrading surfaces. Tennant's global field service
network is the most extensive in the industry. Tennant has
manufacturing operations in Minneapolis, Minn.; Holland, Mich.;
Louisville, Ky.; Uden, The Netherlands; the United Kingdom; São
Paulo, Brazil; and Shanghai, China; and sells products directly in
15 countries and through distributors in more than 80 countries.
For more information, visit www.tennantco.com.
Tennant CompanyInvestor Contact:Tom Paulson,
763-540-1204Senior Vice President and Chief Financial
OfficerorMedia Contact:Kathryn Lovik, 763-540-1212Global
Communications Director
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