Toromont Industries

Toromont Industries is a Canadian industrial company that operates primarily in two business segments: Equipment Group and CIMCO. The Equipment Group is the larger segment, focusing on the supply and rental of mobile and stationary machinery utilized in various sectors, including road building, mining, aggregates, public infrastructure, residential construction, power generation, agriculture, forestry, and waste management. CIMCO specializes in providing design, engineering, fabrication, and installation services for industrial and recreational refrigeration systems. While the majority of the company's operations are based in Canada, it also generates a smaller portion of its sales from the United States and other markets.

Michael McMillan

EVP and CFO

2 past transactions

Tri-City Equipment

Acquisition in 2024
Tri-City Equipment is a Southwestern Ontario-based company that specializes in renting heavy industrial equipment for construction projects. Their inventory includes excavators, haul trucks, loaders, packers, and bulldozers. In addition to rentals, they provide maintenance and floating services to support their clients' projects. The company operates on a 24/7 basis to ensure continuous support for its clients.

Hewitt Equipment

Acquisition in 2017
Hewitt Equipment is a provider of heavy machinery and equipment, specializing in the sales, rental, and servicing of Caterpillar products and other brands. The company offers a diverse range of equipment tailored for various industries, including forestry, mining, and construction. Their product lineup includes paving equipment, such as remixing transfer vehicles, road wideners, and asphalt pavers, as well as crushing and screening equipment, forklifts, and warehousing systems. Additionally, Hewitt Equipment is involved in the design and assembly of generator sets, providing solutions for natural gas, biogas, and diesel applications, along with marine and industrial needs.
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