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Toromont Industries Ltd. (TSX: TIH) is a major Canadian diversified company. It operates Toromont Cat, one of the largest Caterpillar dealerships globally, offering sales, rentals, and servicing of heavy equipment, power systems, and material handling products across Eastern and Central Canada, including Ontario, Quebec, Manitoba, Saskatchewan, Nunavut, Newfoundland and Labrador, and the Maritimes. Additionally, Toromont includes CIMCO, a leader in the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. Toromont serves a broad array of industries such as construction, mining, aggregates, C&I, oil and gas, power generation, and food & beverage, emphasizing customer solutions and after-market support.
Serves as the corporate headquarters, housing executive leadership, finance, legal, human resources, and strategic planning for Toromont Industries Ltd. and its operating divisions, Toromont Cat and CIMCO.
A modern corporate office facility, likely co-located with significant operational assets for Toromont Cat, reflecting the company's core business. Designed for efficiency, collaboration, and to support its extensive dealer network.
A professional and results-oriented environment, emphasizing safety, customer satisfaction, technical expertise, and operational excellence. The culture likely fosters teamwork, continuous improvement, and industry leadership in line with Caterpillar standards and its own corporate values.
The headquarters is the central nervous system for strategic decision-making, financial oversight, and unified management of Toromont's widespread Canadian operations. Its location in Concord offers strategic access to major transportation routes, a skilled labor pool, and key business partners within the Greater Toronto Area's economic hub.
Toromont Industries Ltd.'s primary operations are concentrated within Canada, where it holds exclusive Caterpillar dealership rights across seven provinces and one territory. Its extensive network of branches provides sales, service, and parts distribution for Caterpillar machinery and power systems. While Toromont Cat's direct operations are Canadian, CIMCO, its refrigeration division, undertakes projects and provides solutions internationally, extending Toromont's expertise in industrial and recreational refrigeration to global markets. The company's partnership with Caterpillar, a global brand, also inherently connects it to worldwide standards and supply chains.
3131 Highway 7 West, P.O. Box 250
Concord
Ontario
Canada
Address: 150 Av. de la Baie de Valois, Pointe-Claire, QC H9R 4R9, Canada
Serves as a key support center for customers in Quebec and the Maritimes, ensuring equipment uptime and providing comprehensive Caterpillar solutions tailored to regional needs.
Address: Bay 5, 6130 - 4th Street SE, Calgary, AB T2H 2A2, Canada
Supports CIMCO's industrial and recreational refrigeration projects across Alberta and Western Canada, providing specialized expertise and local service capabilities.
Address: 1000 McGillivray Blvd, Winnipeg, MB R3T 1N7, Canada
Acts as a central point of contact and support for Caterpillar customers throughout Manitoba, ensuring product availability and responsive service.
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As of April 2025, Toromont Industries Ltd.' leadership includes:
Toromont Industries Ltd. has been backed by several prominent investors over the years, including:
Toromont Industries Ltd. has maintained stability in its core C-suite executive team over the past 12 months (May 2023 - May 2024), with no new C-suite hires or departures publicly announced during this specific period. The most recent significant C-suite transition occurred in May 2023 with a change in the Chief Financial Officer role.
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Toromont Industries Ltd. commonly uses a standardized email format for its employees. While multiple formats might exist within a large organization, a prevalent one is the first initial followed by the last name.
[first_initial][last]@toromont.com
Format
jsmith@toromont.com
Example
75%
Success rate
Toromont Industries Ltd. Investor Relations • May 7, 2024
Toromont Industries reported its financial results for the first quarter ended March 31, 2024. The company announced revenues of $1.13 billion and net earnings of $102.9 million. A quarterly dividend of $0.47 per share was also declared....more
GlobeNewswire • May 7, 2024
Toromont Industries Ltd. announced the results of the election of directors at its Annual Meeting of Shareholders. All nominated directors were elected....more
Toromont Industries Ltd. Investor Relations • February 13, 2024
Toromont reported record revenues and earnings for the full year 2023. Revenues were $4.7 billion with net earnings of $510.8 million. The Board of Directors also approved a 16% increase in the quarterly dividend to $0.47 per share....more
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