Insights

Expansion Drive Toromont is actively expanding facilities in Ontario and Quebec, including a new remanufacturing centre in Saint-Augustin-de-Desmaures and an AVL-backed Ontario facility, signaling growth opportunities for equipment sales, maintenance contracts, and parts supply in expanding markets.

Remanufacturing Growth A major investment in a 90,000-square-foot remanufacturing centre in Quebec indicates demand for after-market services, spare parts, and reman services; sales reps can target maintenance packages, OEM compatibility parts, and facility-wide service agreements.

DiversifiedSegments With two segments—The Equipment Group (including Toromont Cat and CAT Rental Store) and CIMCO refrigeration systems—there are cross-selling opportunities for customers seeking integrated equipment, rental, and engineered refrigeration solutions across industrial and recreational applications.

Financial Momentum Recent quarterly revenue growth, including ongoing 16% year-over-year gains and near-term revenue targets around CDN 1.6B, suggests a healthy buying cycle and capacity for larger project bids and extended service contracts with fleet and facility upgrades.

Strategic Footprint Extensive geographic coverage across Ontario, Manitoba, Nunavut, Newfoundland, and eastern Labrador, plus strong CAT and CIMCO capabilities, positions sales teams to pursue multi-region contracts, fleet modernization, and cross-border opportunities in remote or high-demand markets.

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Toromont Industries Ltd Tech Stack

Toromont Industries Ltd uses 8 technology products and services including Matomo, SAS, Microsoft Active Directory, and more. Explore Toromont Industries Ltd's tech stack below.

Media & News

Toromont Industries Ltd's Email Address Formats

Toromont Industries Ltd uses at least 3 email formats:
Toromont Industries Ltd Email FormatsExamplePercentage
FLast@toromont.comJDoe@toromont.com
95%
First.Last@toromont.comJohn.Doe@toromont.com
4%
FMiddleLast@toromont.comJMichaelDoe@toromont.com
1%

Frequently Asked Questions

What is Toromont Industries Ltd's phone number?

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You can contact Toromont Industries Ltd's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Toromont Industries Ltd's official website and social media links?

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Toromont Industries Ltd's official website is toromont.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Toromont Industries Ltd generate?

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As of August 2026, Toromont Industries Ltd's annual revenue is estimated to be $10M - $25M.

What is Toromont Industries Ltd's SIC code and NAICS code?

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Toromont Industries Ltd's SIC code is 8711 - Engineering Services and NAICS code is 23 - Construction.

How many employees does Toromont Industries Ltd have currently?

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As of August 2026, Toromont Industries Ltd has approximately 154 employees across 4 continents, including North America, Africa and Europe. Key team members include Chief People And Culture Officer: S. H., Chief Legal Officer, General Counsel And Corporate Secretary: H. S. and Vice President And General Manager, Resource Business Group: V. C. Explore Toromont Industries Ltd's employee directory with LeadIQ.

What industry does Toromont Industries Ltd belong to?

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Toromont Industries Ltd operates in the Construction industry.

What technology does Toromont Industries Ltd use?

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Toromont Industries Ltd's tech stack includes Matomo, SAS, Microsoft Active Directory, Google Cloud, DocuSign, WP Engine, Airtable and Piwik PRO Core.

What is Toromont Industries Ltd's email format?

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Toromont Industries Ltd's email format typically follows the pattern of FLast@toromont.com. Find more Toromont Industries Ltd email formats with LeadIQ.

How much funding has Toromont Industries Ltd raised to date?

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As of August 2026, Toromont Industries Ltd has raised $210M in funding. The last funding round occurred on Apr 26, 2025 for $211M.

When was Toromont Industries Ltd founded?

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Toromont Industries Ltd was founded in 1961.
Toromont Industries Ltd logo

Toromont Industries Ltd

ConstructionOntario, Canada51-200 Employees

Toromont Industries Ltd operates through two segments: The Equipment Group and CIMCO. The Equipment Group encompasses Toromont Cat, a large Caterpillar dealership by revenue and geographic reach, and Battlefield – The CAT Rental Store, which operates 37 locations. CIMCO designs, engineers, fabricates and installs industrial and recreational refrigeration systems, with both segments offering comprehensive product support.

Headquartered in Ontario, Canada, the company serves industrial and commercial customers with equipment, rental and refrigeration solutions. In 2026 it announced the construction of a new 90,000-square-foot remanufacturing center in Saint-Augustin-de-Desmaures, Quebec, reflecting ongoing expansion.

Section iconCompany Overview

Phone number
SIC Code
8711 - Engineering Services
NAICS Code
23 - Construction
Founded
1961
Employees
51-200

Section iconFunding & Financials

  • $210M

    Toromont Industries Ltd has raised a total of $210M of funding over 1 rounds. Their latest funding round was raised on Apr 26, 2025 in the amount of $211M as a Post IPO Debt.

  • $10M - $25M

    Toromont Industries Ltd's revenue is estimated to be in the range of $10M - $25M

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