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| Toro Buys TYCROP
Through the acquisition, Toro has acquired several models of topdressing and material handling equipment it says will enhance the company's position in the turf maintenance industry. TY-CROP products will be marketed under the Toro brand and sold through Toro’s distribution channel in the United States and international markets. "Comprehensive cultivation and topdressing programs are increasingly important for our customers around the world," said Michael Happe, vice president of Toro’s commercial business. "Golf courses and sports fields rely on these machines to achieve improved agronomic conditions and to create healthy, consistent playing surfaces. TY-CROP's solid reputation in this important category complements our existing line of application and cultivation equipment. Equally, it provides our customers with a more comprehensive offering to meet their turf maintenance needs." Based in Rosedale, B.C., TY-CROP is a privately held company that has been in business for more than 30 years, The company’s other businesses, which include trailers and oil and gas products, were not associated with this acquisition and will continue normal operation. |