Toromont Industries Ltd. (TSX: TIH)
Canada flag Canada · Delayed Price · Currency is CAD
123.49
-0.09 (-0.07%)
May 16, 2024, 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 building, mining, aggregates, public infrastructure, residential construction, power generation, marine, agriculture, forestry, on-highway truck engines, industrial, demolition, 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 based in Concord, Canada.

Toromont Industries Ltd.
Country Canada
Founded 1961
Industry Industrial - Distribution
Sector Industrials
Employees 7,000
CEO Mr. Michael Stanley Howie 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 TSX
Fiscal Year January - December
Reporting Currency CAD
ISIN Number CA8911021050

Key Executives

Name Position
Michael Stanley Howie McMillan Chief Executive Officer, President and Director
John Marshall Doolittle Executive Vice President and Chief Financial Officer
Michael P. Cuddy Chief Information Officer and Vice President
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
Isabelle Leclerc Vice President of Human Resources
William Harvey President of Toromont Cat Mining Division
David Alan Malinauskas President of CIMCO Refrigeration
Colin Goheen President of Battlefield Equipment Rentals