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 Company
Minneapolis-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.
Copyright Business Wire 2014