Toromont Industries Ltd T.TIH

Alternate Symbol(s): TMTNF

Industrials Industrial Distribution

Toromont Industries Ltd. is a Canada-based company, which serves the specialized equipment and lifetime product support needs of thousands of customers in diverse industries from roadbuilding to mining and telecommunications to food and beverage processing. The Company operates through two business segments: the Equipment Group and CIMCO. The Equipment Group segment includes a Caterpillar dealership by revenue and geographic territory, spanning the Canadian provinces of Newfoundland and Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Quebec, Ontario and Manitoba, in addition to various territories of Nunavut. The Company’s business also includes heavy equipment rental operations and a material handling business. The CIMCO segment is engaged in the designing, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer product support capabilities.

TSX:TIH - Post by User

Toromont Industries Ltd

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Post by Possibleidiot01on Nov 28, 2024 4:02pm

106 Views

Post# 36336232

Jamie Murray - BNN - HOLD

HOLD

Great compounder over the last decade, when they benefited from growth in the Ontario economy. Seeing softness in the space. Park in your portfolio and hold it for the long term. Does trade at a higher multiple.

machinery

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