MINNEAPOLIS, MN — Tennant Company, 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.