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Toromont Industries Ltd. (TIH.TO)

-Toronto

23.12 Down 0.01(0.04%) 12:54PM EDT

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Toromont Industries Ltd.
3131 Highway 7 West
PO Box 5511
Concord, ON L4K 1B7
Canada - Map
Phone: 416-667-5511
Fax: 416-667-5555
Website: http://www.toromont.com

Details 
Index Membership:N/A
Sector:Services
Industry:Industrial Equipment Wholesale
Full Time Employees:3,000

Business Summary 

Toromont Industries Ltd. provides specialized capital equipment and customer support to customers and industries in various markets in Canada, the United States, and internationally. The company operates in two segments, Equipment Group and CIMCO. The Equipment Group segment operates as a Caterpillar dealer. This segment sells, rents, and services mobile equipment for manufacturers, engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sells complementary and related products, parts, and services, as well as distributes replacement parts for Caterpillar products and other equipment lines, and remanufactures and repairs engines and engine components. It offers various products comprising earthmoving and construction equipment, paving machines, mining and forestry equipment, and diesel engines for trucks, products for industrial and marine applications, and power generation equipment. In addition, this segment provides mobile equipment rental and compact construction equipment purchase solutions, including commercial and industrial machines and tools, lift systems, concrete-related building materials, and propane; and engages in the engineering, construction, commissioning, and operation of energy plants fuelled by natural gas, landfill gas, biogas, and diesel fuel in hospitals, district energy systems, and industrial processes. The CIMCO segment is involved in the design, engineering, fabrication, and installation of refrigeration systems in industrial and recreational markets for food, dairy, cold storage, and beverage segments; and recreational refrigeration systems for artificial ice surfaces used in various sporting activities, such as hockey, curling, skating, and other unusual ice surfaces. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada.

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Key Executives 
 PayExercised
Mr. Robert M. Ogilvie , 68
Exec. Chairman
1.64M322.00k
Mr. Scott J. Medhurst , 51
Chief Exec. Officer, Pres and Director
1.40M19.00k
Mr. Paul R. Jewer ,
Chief Financial Officer and Exec. VP
N/AN/A
Mr. Michael P. Cuddy ,
Chief Information Officer and VP
685.00k53.00k
Mr. David C. Wetherald ,
VP of HR & Legal, Gen. Counsel and Sec.
N/AN/A
Amounts are as of 2012-12-30 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in CAD.