Home

Tennant Company Common Stock (TNC)

75.57
-5.50 (-6.78%)
NYSE · Last Trade: Apr 3rd, 6:22 PM EDT
QuoteNewsPress ReleasesChartHistoricalFAQAboutCompetitors

Competitors to Tennant Company Common Stock (TNC)

Dulon

Dulon competes with Tennant in the commercial cleaning sector by offering cost-effective cleaning solutions and equipment. While Dulon may not have the brand recognition or product range of Tennant, it appeals to budget-conscious customers looking for reliable equipment at lower price points. Dulon’s strategy focuses on providing excellent customer service and quick delivery times, giving it an advantage in local markets where speed and responsiveness are crucial. However, Tennant’s established reputation and innovation will likely continue to keep it ahead in the premium segment.

Hako

Hako competes with Tennant by focusing on manufactured cleaning machines that specialize in heavy-duty applications, particularly in warehouses and large-scale industrial facilities. Hako's offerings are tailored to specific industry needs, providing specialized solutions that may better serve certain market segments. While Tennant has a broader product line and a strong focus on innovation and technology, Hako’s niche targeting and strong presence in Europe give it a competitive advantage in specific markets.

Karcher

Karcher is a German company that competes with Tennant in the cleaning equipment market by providing a vast array of products, including pressure washers and commercial floor care equipment. Karcher leverages its strong international presence and reputation for high-quality products, which allows it to cater to a broad spectrum of customers, from residential users to large industrial operations. The company's competitive advantage lies in its extensive global distribution network and brand recognition, which pose a challenge to Tennant’s ability to expand internationally.

Nilfisk

Nilfisk competes with Tennant Company by offering a wide range of commercial cleaning equipment, emphasizing durability and performance. Both companies focus on innovation in cleaning technology, such as advanced vacuum systems and floor scrubbers. Nilfisk aims to differentiate itself through its commitment to sustainability, showcasing energy-efficient machines and eco-friendly cleaning solutions, which may appeal to environmentally conscious customers. However, Tennant has a strong brand presence in North America, giving it an edge in market penetration in that region.