Tennant Company plans to celebrate 150 years in business with new headquarters in Eden Prairie, Minn. The cleaning equipment manufacturer will move to a 40-acre campus at 3 Capital Drive in the first half of 2020.
According to the press release, the new location will bring together roughly 500 employees who are currently spread among three separate buildings on the company’s Golden Valley campus.
“Now is the right time for a move. We’re at capacity for office space on our Golden Valley campus, limiting our options for how to use our existing facilities. This move creates the ability to optimize our Golden Valley location to be a dedicated manufacturing and engineering campus,” said Chris Killingstad, president and CEO of Tennant Company in the release.
“Over the years, Tennant has thoughtfully and prudently managed investments in our facilities. This approach has served us well.”
Ultimately, we determined that purchasing an existing property and consolidating several locations into one was the most fiscally responsible choice for Tennant employees and shareholders.”
Prior to selecting the campus in Eden Prairie, the company evaluated several other options, including building a new building on its current Golden Valley site.
Tennant Company’s partners in this transaction include Oppidan Investment Company and Gensler, an architecture, interior design and planning firm.
Photo courtesy of Tennant Company