|Traded as||NASDAQ: CTAS
S&P 500 Component
|Founded||1929 as Acme Industrial Laundry Company
1972 as Cintas
|Headquarters||Mason, Ohio, U.S.|
|Key people||Richard Farmer, Chairman Emeritus; Scott Farmer, CEO; J. Phillip Holloman, President & COO; Robert J. Kohlhepp, Chairman of the Board|
Headquartered in Cincinnati, Ohio, Cintas Corporation provides specialized services to businesses of all types, primarily throughout North America. Cintas designs, manufactures and implements corporate identity uniform programs, and provides entrance mats, restroom cleaning and supplies, tile and carpet cleaning, promotional products, first aid, safety, fire protection products and services and document management services for more than 1 million businesses. Cintas is a publicly held company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of the Standard & Poor's 500 Index.
The company has grown consistently for the past nine years. Growth has been both organic and from acquisitions large and small. Revenue in fiscal year 2012 was $4.1 billion and net income was $297.6 million. The company is the largest in the industry with approximately 30,000 employees. Cintas has received industry awards from publications such as Fortune in the United States, which named Cintas among its "Most Admired Companies" for eight consecutive years, and Report on Business Magazine, which named the company one of Canada's Best Employers.
Cintas Corporation began in 1929 as the Acme Industrial Laundry Company by Richard (Doc) Farmer. He collected chemical-soaked rags from factories and washed and returned them to customers for a fee. In the early 40's, rags were replaced by shop towels—which are uniform in size and shape and much more absorbent than old rags. By then, the company’s name had changed to Acme Wiperand Industrial Laundry.
His grandson Richard T. Farmer joined the family business in 1956 after graduating from Miami University in Oxford, Ohio. Acme had just 15 employees at the time. Dick helped uniform rental sales increase from $300,000 in 1959 to $847,000 in 1963. He then put together a business plan to open small uniform rental plants all over the United States. The first opened in Cleveland in October 1968. In 1972, the company changed its name to Cintas and then went public in 1983.
Farmer also tried products that were new at the time, such as fabrics that resisted wrinkles and stains, to grow the company to an almost 30 percent market share in uniforms. Cintas' recent growth has been primarily through its acquisition of more than 220 companies, eliminating overheads and cutting costs. Today, Cintas has bought itself into markets such as First Aid and Safety, Document Management, Fire Protection, Facility Services, and now Tile and Carpet Cleaning.
Products and Services
|Uniforms & Apparel||Facility Services||First Aid & Safety||Fire Protection||Document Management|
Key Industries Serviced:
Laundry Environmental Stewardship Program (LaundryESP®) – Cintas is a charter member of the Laundry Environmental Stewardship Program (LaundryESP®), whose intent is to improve environmental performance in the industrial laundry industry.
ENERGY STAR – Cintas has partnered with the United States Environmental Protection Agency on its ENERGY STAR program. The program provides a strategic approach to energy management by tracking an organization’s current energy-efficiency and future improvement.
Green Seal® Certified – The majority of Cintas’ paper products are Green Seal® Certified, which ensures that a product meets rigorous, science-based environmental leadership standards. Green Seal® assures manufacturers and purchasers that certified products are better for human health and the environment.
Greater Cincinnati Green Business Council (GCGBC) – Cintas is a founding member of the GCGBC. Formed in 2011, the council is made up of businesses that work together to accelerate sustainable development in the Greater Cincinnati region. It is the area’s first collaboration of local business leaders dedicated to promoting sustainability while increasing the bottom line of their businesses. Other founding members include P&G, Mitsubishi Electric Automotive America, Melink Corporation, Macy’s, Luxottica Group and Fifth Third Bank. Participants meet regularly to learn about each other’s sustainability initiatives, identify common challenges, share experiences and best practices, and look for ways to make our region and its businesses more sustainable. The GCGBC’s first project was a Workplace Composting Toolkit.
- Cintas has donated more than 13 million pounds of products to Cincinnati-based Matthew 25: Ministries’ Center for Humanitarian Relief, a 501 (c)(3) non-profit humanitarian aid organization
- Cintas commits to raising $100,000 yearly for the American Heart Association through employee-partners involvement in events like local heart walks and runs and “Wear Red Day”
- Cintas corporate headquarters has raised over $226,000 for United Way and its programs
- Cintas has raised over $680,000 for ArtsWave (formally the Fine Arts Fund) which supports arts programs throughout the Greater Cincinnati area
- Cintas has donated more than $500,000 in women’s suiting apparel for Dress for Success, which provides professional attire and career development to low-income women around the world
Awards and Recognition
- GI Jobs “Top Military Friendly Employer” for 2013
- OSHA VPP “Star” recognition given to 14 Cintas facilities
- 2013 finalist in “Oklahoma’s Best Places to Work” by okcBIZ magazine for 5th consecutive year
- 2013 “Deal Maker Award” presented by the Association for Corporate Growth (ACG)
- The 2013 “MBE Empowerment Award” by the South Central Ohio Minority Supplier Development Council (SCOMSDC)
- 2013 “Top 150 Workplaces in the U.S.” by Workplace Dynamics
- Cintas Uniform customers have received “Image of the Year” Awards by the North American Association of Uniform Manufacturers and Distributors (NAUMD) for 13 consecutive years
- Cintas won the “UNIVATOR Award” sponsored by UniformMarket News from 2009 to 2012
- The “Spirit of Diversity” award at the 2011 South Central Ohio Healthcare Supplier Diversity Symposium
- The 2011 “Corporation of the Year” award by the Greater Cincinnati/Northern Kentucky African American Chamber of Commerce (AAC)
- The 2011 “Class II Corporation of the Year” award by SCOMSDC
- The 2010 “Sustainability All-Star Award” by Apparel magazine
In 2003, UNITE HERE and the International Brotherhood of the Teamsters have been engaged in a campaign against Cintas, alleging unfair labor practices. Unite obtained license numbers of Cintas workers in Pennsylvania, to contact them at home and has since been ordered to pay the workers $2,500 each. The ruling was subsequently upheld by the U.S. Court of Appeals for the Third Circuit. Following the death of a Tulsa, Oklahoma worker in March 2007, both unions and several Members of Congress have called for stricter health and safety standards at the company's laundries. In May 2007, Cintas hired a Washington, D.C.-based lobbying firm, the Podesta Group, to manage their relations with Congress.
- Sewell, Dan (2007-03-17). "Federal court: Cintas policy violated rights". The Cincinnati Post (Associated Press) (E. W. Scripps Company). Archived from the original on 2007-03-25.
- House Leaders Want Cintas Inquiry
- FSM - The Source for Workplace Safety
- Cintas Corporate website
- Cintas Facility Services
- Cintas Uniforms & Apparel
- Cintas First Aid & Safety
- Cintas Fire Protection
- Cintas Document Management
- Cintas Promotional Products
- Cintas Hospitality Solutions
- Cintas Gaming Solutions
- Cintas Foodservice Solutions
- Cintas Automotive Solutions
- Cintas Healthcare Solutions
- Cintas Cruise Solutions