TSE:TIH

Toromont is a heavy equipment dealer that mainly sells Caterpillar trucks and equipment. The company has operations in more than 140 locations across Canada and the U.S.

About 70% of Toromont’s revenues are from CAT dealership which represents a predictable source of income. It operates through an extensive network of dealers, fleet of service vehicles, and logistics and technology capabilities.

New and used equipment accounts for 50% of revenues, followed by product support (39%), and rental (11%). Toromont delivers specialized capital equipment to a diverse range of customers and industries. It operates through two business groups: Equipment group (Toromont CAT, Battlefield, Sitech) and CIMCO.

Toromont CAT is one of the world’s largest Caterpillar dealerships, Battlefield is an industry leading rental operation; and CIMCO is a market leader in the design, engineering and after-sale support of refrigeration systems in industrial and recreational markets.