Tennant Company (TNC) designs, manufactures and markets floor cleaning equipment. It offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, VLX, IPC, Gaomei, Ronge, and Rongen brands.
Despite rising costs and lingering supply chain issues, industrial production was up 4.2% year-over-year in June. The demand for industrial goods is expected to remain strong as the economy continues to recover from the pandemic, but the industrial sector’s growth is expected to be marred by input shortage and inflation.
