Monday, November 24, 2014

Home News Toro expands rental offerings

Toro expands rental offerings

Supplier News

By acquiring the light construction and hardscape product assets of Stone Construction Equipment, Toro looks to grow in the rental market.

| May 1, 2012

BLOOMINGTON, Minn. – The Toro Co. has acquired light construction and hardscape product assets of Stone Construction Equipment, which manufactured concrete and hardscape equipment for rental and construction companies, the company said. Terms of the transaction were not disclosed.

This acquisition builds on Toro’s position in the growing rental market with a line of branded products in the hardscape space, which include concrete and mortar mixers, material handlers, compaction equipment and other concrete power tools. These products further extend Toro’s offering to contractors and rental companies, and complement its recent acquisitions of tree care and turf renovation product lines.

“Stone built a solid reputation around quality,” said Rick Rodier, general manager of Toro’s Sitework Systems Business. “These products are respected by rental and construction customers, and complement our current line of compact utility equipment and trenchers extremely well. We see great opportunity to leverage our core strengths in innovation, engineering and distribution to grow share in these new categories.”

 

Top news

Come join The Millionaires' Club

Lawn & Landscape and PLANET will bring you a virtual conference aimed at helping you hit that magic number.

Dixie Chopper employee sets world record

The company's marketing manager set a Guinness record on zero-turn mower.

Ruppert Landscape hires CFO

Tom Barry previously worked for The Oliver Carr Company.

People are strange

Thoughts from the floor of the 2014 Irrigation Show.

Measure up

See how you stack up to your competition with the latest exclusive research from L&L.

x