The Toro Co.

The Toro Co.

The Toro Co.

Date Founded



8111 Lyndale Avenue South,Bloomington, MN 55420-1196

Type of Company


Employees (Worldwide)



Tools & Hardware
Computer Software
Trucks, Construction & Farm Machinery

Company Description

The Toro Co. engages in designing, manufacturing and marketing professional turf maintenance equipment and services, turf irrigation systems, landscaping equipment and lighting products, snow and ice management products, agricultural irrigation systems, rental and specialty construction equipment, and residential yard and snow thrower products. It operates through the following two segments: Professional and Residential. The Professional segment designs and markets professional turf, landscape and lighting, rental and specialty construction, snow and ice management, and agricultural products. The Residential segment markets products to homeowners through a variety of distribution channels, including outdoor power equipment distributors and dealers, mass retailers, hardware retailers, home centre's, as well as online. The company was founded by John Samuel Clapper and Henry Clay McCartney on July 10, 1914 and is headquartered in Bloomington, MN.

Contact Data
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Executives & Employees

Chairman of the Board, President & Chief Executive Officer

Vice President, Treasurer & Chief Financial Officer

Vice President, Secretary & General Counsel

General Manager, International Business

Managing Director, Corporate Communications & Investor Relations

Vice President-International Business

Group Vice President, Construction Businesses

Vice President, Global Operations

Vice President, Human Resources & Distributor Development

Group Vice President-Commercial, International & Irrigation

Board of Directors

Chairman of the Board, President & Chief Executive Officer at The Toro Co.

Chief Executive Officer at General Mills, Inc.

Former Executive Vice President & Chief Financial Officer at Medtronic Plc

President & Chief Executive Officer at The Mosaic Company

President & Chief Executive Officer at Carlisle Cos., Inc.

Council at National Museum of American History

Executive Vice President-Safety & Industrial Business Group at 3M Company

Former Treasurer & Senior Vice President at Qwest Communications International, Inc.

Vice President & General Manager, OEM Solutions at Dell, Inc.

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Owners & Shareholders
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SEG offers a long-only equity management program that utilizes fundamental analysis to select stocks they believe will provide better than market returns over a complete market cycle. Money market reserves may comprise 0 to 50 percent of the account, but generally range from 0 to 20 percent, depending on market conditions. SEG generally limits their portfolio of securities to less than 40 than stocks in each account. SEG employs eight primary investment strategies. Their investment strategies are generally driven by a research-intensive, fundamental bottom-up process and draw upon a centralized research department. These strategies include: Small-Mid Cap /Long-Only, US Core, Concentrated Opportunistic, US Long/Short, International Long/Short, International Long-Only, Global Long-Only, and Private Equity. SEG obtains exposure to particular issuers or securities for their private funds (and may for individual clients) through various types of derivatives transactions, including swaps and contracts for differences. In addition, they may hedge exposure to currency fluctuations for foreign securities owned by the private funds by entering into currency forward or option transactions.

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Mairs & Power offers investment management services for equity, fixed income and balanced portfolios. Investment portfolios are tailored to meet the needs and objectives of individual clients. In selecting equity securities, the firm utilizes a bottom up approach focusing on company fundamentals, rather than taking \"market bets\". The Investment Committee monitors specific companies and industry trends and meets regularly to assess their findings. For fixed income, their objective is to provide regular current income and a low level of risk. Mairs & Power typically seeks to keep portfolios reasonably fully invested, maintain modest portfolio turnover rates and limit risk by investing in a laddered schedule of maturities. For balanced portfolio, they utilize the same common stock approach as the equity strategy, but may place a greater emphasis on dividend-paying stocks. Preference is given to investment grade fixed income securities. Their objective is to provide capital growth, current income and preservation of capital.

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Kayne Anderson Rudnick Investment Management is a registered investment advisor based in Los Angeles, California with approximately $7 billion in assets under management. Our clients include affluent individuals, endowments, foundations, corporations, public funds, and pension plans for who it manages a range of portfolios having a common disciplined, high-quality investment philosophy

Recent Transactions
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The Toro Co. purchases The Charles Machine Works, Inc.

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The Toro Co. purchases Regnerbau Calw GmbH

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The Toro Co. purchases Boss Snow Plow, Inc. from Northern Star Industries, Inc.

Insider Transactions
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Transaction Advisors

Advised onThe Toro Co. purchases Drip In Irrigation

Legal Advisor

Advised onThe Toro Co. purchases Regnerbau Calw GmbH

Legal Advisor

Advised onThe Toro Co. purchases Drip In Irrigation


Advised onThe Toro Co. purchases Regnerbau Calw GmbH

Legal Advisor

Advised onThe Toro Co. purchases Regnerbau Calw GmbH

Legal Advisor

Advised onThe Toro Co. purchases Regnerbau Calw GmbH

Advisors & Consultants
Legal Advisor

Global Chair, Mergers & Acquisitions Practice at Latham & Watkins LLP

Legal Advisor

Former Partner at Baker & McKenzie LLP

Legal Advisor

Partner at Bowman and Brooke LLP


Home Depot, Inc. is a home improvement retailer, which engages in the sale of building materials and home improvement products. Its products include building materials, home improvement products, lawn and garden products, and decor products. It offers home improvement installation services and tool and equipment rental. The company was founded by Bernard Marcus, Arthur M. Blank, Kenneth Gerald Langone and Pat Farrah on June 29, 1978 and is headquartered at Atlanta, GA.

SiteOne Landscape Supply, Inc. engages in the distribution of commercial and residential landscape supplies. Its products include outdoor lighting, nursery, landscape supplies, fertilizers, turf protection products, grass seed, turf care equipment, and golf course accessories for green industry professionals. The company was founded in 2001 and is headquartered in Roswell, GA.

With more than 2,000 employees, 150 locations and 40,000 wholesale customers worldwide, SCP is part of a distribution network that leads the pack as the world’s largest wholesale distributor of swimming pool supplies, equipment and related leisure products. Our inventory includes a diverse range of products, from construction materials, replacement parts and fencing to pool care products and spas.

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Jobble, Inc. operates online portal to post jobs and select workforces. It serves gig economy, food and beverage, delivery, retail, and light industrial. The company was founded by Zachary Smith and Corey Bober on September 19, 2014 and is headquartered in Boston, MA.

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HydroPoint Data Systems, Inc. provides water management solutions. Its solutions include communities, commercial properties, government, education, architects, designers, landscape and irrigation professionals. The company was founded by Christopher Spain, Chris Manchuck and Peter Carlson in 2002 and is headquartered in Petaluma, CA.

ARI Network Services, Inc. Internet Software & Services | Milwaukee, Wisconsin

ARI Network Services, Inc. engages in the provision of technology enabled solutions. It offers software tools and marketing services for dealers, equipment manufacturers, and distributors. The company was founded in 1981 and is headquartered in Milwaukee, WI.

Otter Tail Corp. Alternative Energy | Fergus Falls, MN

Otter Tail Corp. is a holding company, which engages in the energy, infrastructure, and production businesses. It operates through the following segments: Electric, Manufacturing, and Plastics. The Electric segment generates, transmits, and distributes power and electric energy. The Manufacturing segment offers contract machining, metal parts stamping, fabrication, handling trays, and horticultural containers. The Plastics segment produces polyvinyl chloride pipes. The company was founded in 1907 and is headquartered in Fergus Falls, MN.

Prima Industrie SpA Industrial Machinery & Manufacturing | Collegno, TO

Prima Industrie SpA engages in the development, manufacture, and marketing of laser systems for industrial applications, sheet metal processing machinery, and industrial electronics and laser sources. It operates through the Prima Power and Prima Electro business segments. The Prima Power segment develops, manufactures, and markets cutting, welding, and punching machines for three-dimensional and two-dimensional metallic components; as well as sheet metal processing machines that use mechanical tools. The Prima Electro segment includes the development, construction, and sale of electronic power and control components; and high-power laser sources for industrial applications. The company was founded by Gianfranco Carbonato in 1977 and is headquartered in Collegno, Italy.

Awards & Honors
Rank #866
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
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