Toromont Industries Ltd

Toromont Industries, incorporated in 1961 and headquartered in Concord, Ontario, Canada, is a diversified conglomerate with two main business segments that define its operations. The first is the Equipment Group, which includes a comprehensive range of Caterpillar heavy construction and mining equipment, along with rental operations and a dealership network spanning across Canada and reaching into certain regions of the United States. As one of the world's largest Caterpillar dealerships, Toromont Industries offers a breadth of product support for CAT products, a notable brand within its portfolio. This segment caters to the vital needs of the heavy equipment industry, ensuring the availability and maintenance of quality machinery. The second major business category is CIMCO Refrigeration. This segment concentrates on providing top-tier industrial and recreational refrigeration systems, beginning with the initial design and engineering phase, through to fabrication, installation, and subsequent after-market support. CIMCO, as a brand, is synonymous with robust and efficient refrigeration solutions, catering to a specialized sector. Toromont Industries has a significant market presence in Canada, particularly in Ontario, Manitoba, Newfoundland and Labrador, Nunavut, Québec, and the eastern Canadian Arctic. Its strategic operations also extend into the United States, especially in the realm of industrial refrigeration through CIMCO, indicating an active engagement in cross-border commerce within its niche markets. (Powered by AI)