Toromont Industries Ltd. (TSX:TIH)
Canada flag Canada · Delayed Price · Currency is CAD
129.65
+0.59 (0.46%)
Jul 16, 2025, 4:00 PM EDT

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, forestry, agriculture, 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
CountryCanada
Founded1961
IndustryIndustrial Distribution
SectorIndustrials
Employees7,300
CEOMichael Stanley McMillan

Contact Details

Address:
3131 Highway 7 West
Concord, ON L4K 1B7
Canada
Phone416 667 5511
Websitetoromont.com

Stock Details

Ticker SymbolTIH
ExchangeToronto Stock Exchange
Fiscal YearJanuary - December
Reporting CurrencyCAD
ISIN NumberCA8911021050
SIC Code5082

Key Executives

NamePosition
Michael Stanley Howie McMillan C.M.A.Chief Executive Officer, President and Director
John Marshall DoolittleExecutive Vice President and Chief Financial Officer
Michael P. CuddyVice President, Chief Information Officer and Corporate Strategy
Miles Sean Ryan GreggPresident of Toromont Cat Construction Division
Joel CoutureChief Operating Officer - Toromont Cat
Habeeb SyedChief Legal Officer, General Counsel and Corporate Secretary
Stephanie HardmanChief People and Culture Officer
William HarveyPresident of Toromont Cat Mining Division
David Alan MalinauskasPresident of CIMCO Refrigeration
Colin GoheenPresident of Battlefield Equipment Rentals