Toromont Industries Ltd. (TIH.TO) TSX

154.83

+0.31(+0.20%)

Updated at September 29 11:27AM

Currency In CAD

Toromont Industries Ltd.

Address

3131 Highway 7 West

Concord, ON L4K 1B7

Canada

Phone

416 667 5511

Sector

Industrials

Industry

Industrial - Distribution

Employees

7300

First IPO Date

August 13, 1996

Key Executives

NameTitlePayYear Born
Mr. Michael Stanley Howie McMillan C.M.A.Chief Executive Officer, President & Director1.62MN/A
Mr. David Alan MalinauskasPresident of CIMCO Refrigeration481,523N/A
Mr. William HarveyPresident of Toromont Cat Mining Division722,632N/A
Mr. Miles Sean Ryan GreggPresident of Toromont Cat Construction Division791,146N/A
Mr. Michael P. CuddyVice President, Chief Information Officer & Corporate Strategy814,614N/A
Mr. Joel CoutureChief Operating Officer - Toromont Cat915,472N/A
Mr. John Marshall DoolittleExecutive Vice President & Chief Financial Officer958,8721964
Ms. Stephanie HardmanChief People & Culture Officer0N/A
Mr. Colin GoheenPresident of Battlefield Equipment Rentals0N/A

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.