Tennant Company Takeaways:
· The company focuses on smart investing in research opportunities to further develop new products; however, it tries to do so frugally, maintaining a spending budget.
· Tennant strives to be as environmentally friendly as possible; just this past year the business has developed a new cleaning technology called ec-H2O which is chemical-free and harmless.
· Tennant differentiates itself predominantly through manufacturing safe cleaning products versus those with harmful chemicals. Tennant’s Orbio Technologies Group is a technological development group that allows Tennant Company to maintain this competitive advantage in the CPG industry; they hope to release their next product this upcoming year.
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