Toromont Industries Ltd - Company Profile
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Toromont Industries Ltd (Toromont) is a Canada-based company that sells, rents, and provides mobile equipment services and industrial engines. Operational capabilities, increase in net working capital, and Diversification segment are its major strengths, even as order backlog and booking of equipment group remain causes for concern to the company. Strategic agreements, technological advancements and positive outlook for global construction industry could provide growth opportunities to the company. However, intense competition, shortage of skilled labor in Canada and environmental regulations could affect the company’s performance.
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