Businessweek

Toromont Industries Ltd. provides specialized capital equipment and product support services in Canada and the United States. The company operates in two groups, Equipment Group and Compression Group. Equipment Group The Equipment Group sells, rents, and services a range of construction equipment and industrial engines. The Equipment Group consists of Toromont CAT, a Caterpillar dealer and Battlefield – The CAT Rental Store, a rental operation. Performance in the Equipment Group is driven by activity in various industries: road building and other infrastructure-related activities, mining, aggregates, residential and commercial construction, waste management, steel, forestry and agriculture. Other significant activities include sales and product support activities for Caterpillar engines used in various applications, including industrial, commercial, marine, on-highway trucks and power generation. Compression Group The Compression Group is a North American business specializing in the design, engineering, fabrication and installation of compression, process and refrigeration systems. The Compression Group consists of Toromont Energy Systems Inc., which supplies and services compression and process systems used in natural gas, fuel gas and carbon dioxide applications and CIMCO Refrigeration, which operates in industrial and recreational markets. Primary market segments served: natural gas production and transportation; chemical, petrochemical, food and beverage processing; cold storage, food distribution and ice rink construction. Discontinued Operations In 2008, the company sold Aero Tech Manufacturing Inc. History Toromont Industries Ltd. was founded in 1961.