Content about Toro Co.

February 13, 2012

At The Rental Show in New Orleans, the Chicago-based hardware co- op True Value Co. recognized its partners that make rental successful.

Toro Company, Hilti and Warner Shelter Systems received special recognition.

February 10, 2012

Bloomington, Minn.-based Toro Co. has acquired certain utility and underground product assets of Astec Underground, a wholly owned subsidiary of Astec Industries. Terms of the transaction were not disclosed. 

December 6, 2011

Bloomington, Minn.-based Toro Co. posted record sales in 2011, including a 5.8% sales gain in the company's residential segment. 

“Fiscal 2011 was a very good year for the Toro Co., delivering record revenues and earnings per share,” said Michael Hoffman, Toro’s chairman and CEO.

For the year, the company's total earnings were up 26.3% to $117.7 million, and net sales were up 11.5% to $1.884 billion. In the fourth quarter, net earnings increased from $3.2 million to $5 million, as net sales increased 9.1% to $337.3 million.