Toro enters CE sector
Toro Co, a leader in lawn mowers and golf course maintenance equipment, is moving full-bore into the construction segment, with a new line of machines in Toro's classic red, and bearing its name. The Bloomington-based company entered into construction last year when it bought key assets from Astec Underground and Stone Construction. With Astec, Toro gained a line of trenchers and horizontal utility drills used to bury power, water and telecommunication lines. One of the larger machines has a 6-ft chainsaw with teeth the size of a hand on one end and a backhoe on the other. Toro also acquired a line of concrete mixers, compactors, stump grinders and motorised wheelbarrows it calls the Mud Buggy. The products are trickling into the marketplace and have become popular with rental equipment firms eager to dust off the recession and offer contractors newer building products.