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.
Canadian Market Performance
7D7 Days: -1.7%
3M3 Months: 8.2%
1Y1 Year: 18.6%
YTDYear to Date: 8.7%
Over the last 7 days, the market has dropped 1.7%, driven by a decline of 2.5% in the Financials sector. In contrast to the last week, the market is actually up 19% over the past year. Looking forward, earnings are forecast to grow by 11% annually. Market details ›
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