Tennant Company Named Among 100 Best Corporate Citizens by Business Ethics Magazine
MINNEAPOLIS-June 12, 2006-Tennant Company (NYSE: TNC), one of the world's leading manufacturers of surface maintenance equipment, today announced that it has been named among the 100 best corporate citizens of 2006 by Business Ethics magazine. The list rates firms on their performance in eight stakeholder categories, including shareholders, community, governance, diversity, employees, environment, human rights, and product, and then ranks them according to those ratings. Tennant Company is 54th overall on the list, which also includes such companies as Hewlett-Packard, Dell, Intel, 3M, PepsiCo, and Citigroup.
"In a day and age of corporate scandals and ethical crises, it's a true honor for Tennant Company to be called out for the good we are doing to serve our shareholders, our employees, our customers, our communities, and our environment," said Chris Killingstad, CEO of Tennant Company. "I'm extremely proud of the tireless efforts of every Tennant employee, each of whom played a part in Tennant earning this recognition."
Among the eight categories rated by Business Ethics, Tennant Company earned its highest marks for its product quality and environmental efforts. The company has long prided itself on its commitment to product excellence-researching new technologies, gaining insights into customer needs, and rigorously testing new products-and environmental responsibility-consistently striving to achieve its mission of creating a cleaner, safer world by developing products that use less water and less chemical. In all eight categories, Tennant Company earned more points than the mean.
To learn more about Business Ethics' list of the 100 best corporate citizens and its rating and ranking methodology, visit business-ethics.com/whats_new/100best.html.
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 world. Marketed under the Tennant® and Nobles® brands, Tennant Company products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; and coatings for protecting, repairing and upgrading concrete floors. Tennant's global field service network is the most extensive in the industry. Tennant has manufacturing operations in Minneapolis, Minn., Holland, Mich., Uden, The Netherlands, Northampton, United Kingdom, 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.
