Monthly Archives: October 2023

Tennant 3rd-Quarter Sales Jump 15%

By |2024-03-11T15:55:52-05:00October 31, 2023|

Tennant Co. has reported fiscal third-quarter net sales of US$304.7 million, an increase of 15.9% compared to consolidated net sales of $262.9 million in the third quarter of 2022. The company posted a net income of $22.9 million ($1.21 per share), a 46.8% jump from $15.6 million ($0.83 per share) a year earlier. Sales in the company’s ...

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SoftBank Partners With Conrad Maintenance

By |2024-03-11T15:55:52-05:00October 31, 2023|

SoftBank Robotics Singapore (SBRSG) has entered into a strategic partnership with Conrad Maintenance. Under the terms of the agreement, Conrad Maintenance will use SoftBank’s robotics solutions, artificial intelligence (AI), and internet of things (IoT) sensors to deliver on-demand cleaning services to its clients in Singapore, TNGlobal reports. “With Conrad Maintenance on board as part of SoftBank Robotics Group’s ...

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Ecolab Reports 8% Increase in 3rd-Quarter Sales

By |2024-03-11T15:55:51-05:00October 31, 2023|

Ecolab Inc. has reported third-quarter net sales of US$3.95 billion, an increase of 8% from $3.66 billion a year ago. Ecolab’s third-quarter operating income increased to $566 million, up 17% from $483 million in the same quarter a year earlier. Sales in the company’s global institutional and specialty division jumped 12% to $1.3 billion, while its ...

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Read the November/December CMM Digital Edition

By |2024-03-11T15:55:51-05:00October 30, 2023|

The November/December issue of Cleaning & Maintenance Management (CMM) magazine is now available online! This edition examines issues your facility will be dealing with this winter, such as protecting building inhabitants from cold and flu germs lingering on surfaces and in the air, as well as shielding your floors from water, snow, and ice. It ...

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Colgate Increases 3rd-Quarter Sales 10.5%

By |2024-03-11T15:55:50-05:00October 30, 2023|

Colgate-Palmolive Co. has reported third-quarter net sales of US$4.91 million, a year-over-year increase of 10.5%. Colgate reported a third-quarter operating profit of $1.02 billion, or $0.86 per share, up 9% from the same period last year. In North America, Colgate’s net sales grew 3.5%, while its European division posted an increase of 14.5%. The company’s Asia-Pacific segment ...

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Tennant Boosts Company Dividend

By |2024-03-11T15:55:50-05:00October 30, 2023|

Tennant Co. has declared an increased quarterly dividend of US$0.28 per share on the company’s common stock, up 5.7% from the previous quarter. The dividend is payable December 15 to shareholders of record at the close of business November 30. Tennant has paid a cash dividend for the past 79 years and increased the dividend payout for 52 ...

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Grainger Reports Rise in 3rd-Quarter Sales

By |2024-03-11T15:55:49-05:00October 30, 2023|

W.W. Grainger Inc. has reported third-quarter sales of US$4.2 billion, a year-over-year increase of 6.7%. Grainger’s operating earnings for the quarter were $667 million, up 10.7% compared to the same period last year. The company’s reported earnings per share of $9.43 in the third quarter were up 14.1% versus reported earnings per share of $8.27 in ...

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ABM Launches EV Charging Network

By |2024-03-11T15:55:48-05:00October 25, 2023|

ABM has completed the rollout of its proprietary ABM Electric Vehicle (EV) Charging Network. According to a press release, the network is powered by the company’s cloud-based ABM EV OS software in collaboration with Noodoe, a global developer of EV charging software. ABM made a key investment in Noodoe earlier this year. ABM’s network provides ...

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Betco Names Senior Director of Sales

By |2024-03-11T15:55:48-05:00October 25, 2023|

Betco® Corp. has promoted Jason Walton to senior director of sales for Basic Coatings®, a fully-owned subsidiary of the company. Walton has been with Betco since 2022, when he joined the company as director of sales. Prior to joining Betco, he worked in leadership positions with such companies as Amano Pioneer Eclipse Corp. and Hillyard Industries. “Jason’s sales leadership ...

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Clorox Honored by EPA for Advancing Green Chemistry

By |2024-03-11T15:55:47-05:00October 25, 2023|

The Clorox Co., parent company of CloroxPro™, has been named a recipient of the U.S. Environmental Protection Agency’s (EPA) 2023 Green Chemistry Challenge Award. The agency’s annual awards program honors companies or institutions that have developed a new green chemistry process or product that helps protect human health and the environment. Clorox was recognized by the EPA ...

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