Cintas Corporation was founded in 1929 as the Acme Industrial Laundry Company by Richard Farmer. The company originally collected chemical-soaked rags, washed them, and returned them to customers.
Today the company rents, sells, and leases uniforms and is the #1 uniform supplier in the United States with 900,000 clients, notably McDonald’s and MGM Resorts. Approximately five million people wear Cintas’ uniforms to work each day.
Cintas also manufactures shirts, jackets, slacks, footwear, clean-room apparel, flame-resistant clothing, uniform cleaning, first-aid and safety products, and document handling and storage.
The uniform market is expecting to experience explosive growth through 2026.
Cintas is outperforming other similar companies in 2020, despite the coronavirus.
Cintas trades publicly on the NASDAQ under the ticker symbol CTAS, is a member of the S&P 500, is #572 in the Fortune 1000, has 45,000 employees, and had $4.09 billion in revenue in 2016.
