The Toro Company - Company Profile
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The Toro Company (Toro) is a provider of outdoor environment products and related services. It designs, manufactures, and markets turf irrigation systems, landscaping equipment and lighting products, agricultural irrigation systems, specialty and underground construction equipment, snow and ice management products, professional turf maintenance equipment and services, and residential yard and snow thrower products. The company serves professional contractors, rental companies, groundskeepers, golf courses, underground construction professionals, agricultural growers, government and educational institutions, homeowners, sports venues, and historic places. Toro sells its products through local and foreign equipment distributors and dealers, mass retailers, home centers, hardware retailers and online to end consumers. The company has manufacturing facilities in Italy, the US, Australia, Germany, the UK, Romania, Poland, Mexico, and China. Toro is headquartered in Bloomington, Minnesota, the US.
The Toro Company premium industry data and analytics
Products and Services
Products | Brands |
---|---|
Professional: | Toro |
Sports Fields and Grounds Maintenance Equipment | Irritrol |
Golf Course Mowing and Maintenance Equipment | BOSS |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Corporate Awards | In October, the company won the 2023 WaterSense Excellence Award. |
2023 | Corporate Awards | In September, the company was named Newsweek’s list of world’s most trustworthy companies. |
2023 | Contracts/Agreements | In September, the company entered into retail partnership with Lowe's Companies, Inc. to carry Toro zero-turn riding mowers, walk mowers, portable power equipment and snow blowers in both the gas and rapidly expanding battery categories. |
Competitor Comparison
Key Parameters | The Toro Company | Caterpillar Inc | Deere & Co | Cummins Inc | Illinois Tool Works Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Bloomington | Irving | Moline | Columbus | Glenview |
State/Province | Minnesota | Texas | Illinois | Indiana | Illinois |
No. of Employees | 10,706 | 113,200 | 83,000 | 75,500 | 45,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Richard M. Olson | President; Chairman; Chief Executive Officer | Executive Board | 2016 | 59 |
Angela C. Drake | Chief Financial Officer; Vice President | Senior Management | 2023 | 51 |
Margeaux M. King | Chief Human Resources Officer; Vice President | Senior Management | 2022 | 46 |
Jody M. Christy | Vice President - BOSS | Senior Management | 2018 | - |
Peter D. Moeller | Vice President - Underground and Specialty Construction | Senior Management | 2023 | 46 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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