Toromont Industries Ltd. (TSX: TIH)
Canada flag Canada · Delayed Price · Currency is CAD
114.06
+1.38 (1.22%)
Dec 20, 2024, 4:00 PM EST

Toromont Industries Company Description

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally.

It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services.

This segment serves road building, mining, aggregates, infrastructure, residential and commercial construction, power generation, agriculture, forestry, and waste management markets.

The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets.

This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors.

Toromont Industries Ltd. was founded in 1961 and is headquartered in Concord, Canada.

Toromont Industries Ltd.
Toromont Industries logo
Country Canada
Founded 1961
Industry Industrial Distribution
Sector Industrials
Employees 7,000
CEO Michael Stanley McMillan

Contact Details

Address:
3131 Highway 7 West
Concord, ON L4K 1B7
Canada
Phone 416 667 5511
Website toromont.com

Stock Details

Ticker Symbol TIH
Exchange Toronto Stock Exchange
Fiscal Year January - December
Reporting Currency CAD
ISIN Number CA8911021050
SIC Code 5082

Key Executives

Name Position
Michael Stanley Howie McMillan C.M.A. Chief Executive Officer, President and Director
John Marshall Doolittle Executive Vice President and Chief Financial Officer
Michael P. Cuddy Vice President, Chief Information Officer and Corporate Strategy
Miles Sean Ryan Gregg President of Toromont Cat Construction Division
Joel Couture Chief Operating Officer - Toromont Cat
Lynn M. Korbak General Counsel and Corporate Secretary
William Harvey President of Toromont Cat Mining Division
David Alan Malinauskas President of CIMCO Refrigeration
Colin Goheen President of Battlefield Equipment Rentals