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 |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In December, we acquired Tornado Infrastructure Equipment Ltd. a Calgary, Alberta, Canada-based manufacturer in the hydrovac excavation solutions industry. |
| 2025 | New Products/Services | In December, the company launched a recycled-resin drip tape, Toro Aqua-Traxx Azul REvive. |
| 2025 | Contracts/Agreements | In October, the company announced a definitive agreement to acquire Tornado Infrastructure Equipment Ltd., a manufacturer in the vacuum truck industry. The transaction is pending regulatory approvals and is expected to close in the first quarter of the company's fiscal 2026. This acquisition aims to enhance the company's product portfolio and focus on growth in infrastructure markets, building on the success of its Professional segment. |
Competitor Comparison
| Key Parameters | The Toro Company | Honda Motor Co Ltd | Caterpillar Inc | Deere & Co | Stanley Black & Decker Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | Japan | United States of America | United States of America | United States of America |
| City | Bloomington | Minato-Ku | Irving | Moline | New Britain |
| State/Province | Minnesota | Tokyo | Texas | Illinois | Connecticut |
| No. of Employees | 9,791 | 194,173 | 118,000 | 73,100 | 43,500 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Richard M. Olson | Chairman; Chief Executive Officer | Executive Board | 2017 | 61 |
| Angela C. Drake | Chief Financial Officer; Vice President | Senior Management | 2023 | 53 |
| Edric C. Funk | Chief Operating Officer; President | Senior Management | 2025 | - |
| Jody M. Christy | Vice President - BOSS | Senior Management | 2018 | - |
| Lori A. Riley | Vice President - Human Resources | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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