BNET Industries

Toro Co.

(TTC) is in the Manufacturing Industry

Market Cap:$1.4B
Last Fiscal Year Sales:$1.8B
  • Public
  • US
Dow Jones Description

The Toro Company is committed to helping customers beautify and preserve the outdoor environments. We make landscapes green, healthy, and safe with superior, innovative, and environmentally sound products, services and systems. Since 1914, we've built our reputation on superior customer care and constant innovation. Our precision equipment and irrigation systems provide an integrated approach to landscape management that no other competitor in the industry can provide. To see how we've grown, read more about the history of The Toro Company. Our maintenance equipment product line includes mowers, aerators, sprayers, trimmers, blowers, compact utility loaders and vehicles. Water management tools include high technology irrigation systems with computerized controllers, valves, sprinklers, micro-drip irrigation systems, and precision turf management. You can learn more about The Toro Company by downloading our 2008 Corporate Profile. Toro's customers are a diverse group that includes golf course superintendents, groundskeepers, sports field managers, landscape contractors, fruit and vegetable growers, and homeowners. To learn more about how our brands benefit these varied customers, visit Our Brands section. Finally, Toro believes our leadership and success bring with it a responsibility to give back to the industry and the communities where we do business. ...

Chairman, President & CEO
Michael J Hoffman
Number of Employees 4,966
Contact Information

8111 Lyndale Ave S

Bloomington, Minnesota 55420-1196

thetorocompany....

(952) 888-8801

NAICS Code Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing: 333112

Recent Events

  • Eight Dividend Achievers Strike Back

    12/07/09 - Stock Split / Dividend - View Story

  • Kroger, Toro Fall; FedEx, RELM Wireless Rise

    12/11/09 - Financial Announcement - View Story

  • For Cleaner, Greener Mowing Choose Toro's New Super Recycler

    11/18/09 - Product Announcement - View Story

  • Streetwise: Toro can be counted on as long as grass grows and snow falls

    11/09/09 - Financial Announcement - View Story

  • Longbow Research Upgrades Toro Company TTC to Neutral

    11/03/09 - Bond / Stock Rating - View Story

  • Toro recalls zero turn mowers

    10/22/09 - Product Recall - View Story

  • Toro Appoints Judy Altmaier As VP, Operation - Quick Facts

    10/20/09 - Mgmt. Change Entering - Vice President - View Story

  • The Toro Company TTC Declares Regular Quarterly Dividend of 15c, Yielding 1.44%

    9/22/09 - Stock Split / Dividend - View Story

  • Minnesota's National Sports Center renews agreement with Toro

    9/15/09 - Joint Venture / Alliance - View Story

  • Raymond James Upgrades Toro Co. TTC to Outperform

    9/14/09 - Bond / Stock Rating - View Story

  • TCF Inventory Finance, Inc. Partners with The Toro Company to Provide Floorplan Financing to Toro...

    8/18/09 - Joint Venture / Alliance - View Story

  • Can Toro Run With the Bulls?

    8/21/09 - Financial Announcement - View Story

  • The Toro Company Partners with PrimeRevenue and Wells Fargo to Improve Working Capital

    8/11/09 - Joint Venture / Alliance - View Story

  • Toro and Advanced Sensor Technology Resolve Wireless Soil Monitoring Dispute

    7/28/09 - Legal Settlement - View Story

News & Analysis

finance and toro co. - All News and Analysis

Decision Makers

Name (plus bio) Position
Michael D. Drazan CIO & Vice President, Corp Services
Stephen P. Wolfe Chief Financial Officer
Andy B. James Vice President & Controller
Bill Brown Vice President, Consumer Business and Lcb
Dennis P. Himan Group Vice President
Karen M. Meyer Vice President of Administration
Peter M. Ramstad Vice President, HR & Business Dev
Philip A. Burkart Vice President, Irrigation Business
Randy B. James Vice President & Controller
Sandra J. Meurlot Vice President, Operations
Timothy P. Dordell General Counsel, Secretary & Vice President
Richard W. Rodier General Manager, Landscape Contractor Business
Blake M. Grams Managing Director
Darren L. Redetzke Managing Director, International Business
Michael J. Happe Managing Director, Commercial Business
David J. Hennes Director of Risk Management
John Wright Director, IR
Steve Stephens Director, Marketing
Tom M Swain director of marketing
Beth Hannon Manager, Advertising
Judson Tharin Manager, Community Relations
Blake Graham Controller
Anna Boegeman Project Coordinator
Gary A Foss
Christopher A. Twomey Director
Gregg W. Steinhafel Director
J. Lawrence McIntyre Secretary
Janet K. Cooper Director
Robert H. Nassau Director

Board of Directors

Name (plus bio) Position
Michael J Hoffman Chairman, President & CEO
Dale R. Olseth Board of Directors
Gary L. Ellis Board of Directors
Inge G. Thulin Board of Directors
Katherine J. Harless Board of Directors
Robert C. Buhrmaster Board of Directors
Winslow H. Buxton Board of Directors

Organization Position Status
Toro Myturf Chairman and CEO Current
WESCO Turf Inc Chairman and CEO Current
The Toro Company Chairman, President & CEO Current
Toro Uses Information Chairman, President and CEO Current
Toro-Wheel Horse President Current
Trexle Chairman, President & CEO Current
Outdoor Power Equipment Institute, Inc Board of Directors Current
University of Minnesota Carlson School of Management Board of Directors Current
Toro Myturf Group Vice President of Toro's Consumer Former
WESCO Turf Inc Executive Officer Former
University of St. Thomas Bachelor's Degree In Marketing Management Former
Carlson School of Management MBA Former
University of St. Thomas Bachelor's Degree In Marketing Management Former

Organization Position Status
The Toro Company CIO & Vice President, Corp Services Current
The Toro Company Vice President, Corp Info Services Former
Pillsbury director of operations, research and development Former
University of Minnesota bachelor's degree in business administration Former

Organization Position Status
The Toro Company Chief Financial Officer Current
The Toro Company Vice President, Finance Current
Toro Credit President Former
Toro Credit Vice President Former
The Toro Company Treasurer Former
Adrian College Bachelors Degree In Mathematics Former

Organization Position Status
The Toro Company Vice President & Controller Current

Organization Position Status
Trexle Vice President, Consumer Business & Lcb, Toro Current
Toro Myturf Vice President, Consumer and Landscape Contractor Business Current
Toro Uses Information Vice President, Consumer and Landscape Contractor Business Current
WESCO Turf Inc Vice President, Consumer and Landscape Contractor Business Current
The Toro Company Vice President, Consumer Business and Lcb Current
Fx Group International Creative Director Current
Bpo Systems, Inc. Director of Staffing Services Current
California Bpo Systems Private Ltd. Director of Staffing Services Current
Health Research for Action Office Manager Current
The Town of Jupiter Island Vice Mayor Current
CFC International, Inc. Board of Directors Current
Dovenmuehle Mortgage Inc. Director Current
The Coaching Company CEO Former
The Coaching Company President Former
The Toro Company General Manager , Commercial Business Former
The Coaching Company Co-Founder Former
The Coaching Company Partner Former
The Toro Company Marketing Manager Former
The Toro Company Leadership Roles Former
The Toro Company Board of Directors Former
H&R, Inc. Director Former
Harvard Business School MBA Former
San Francisco State University MA In Human Sexuality Studies Former
Princeton University B.A. In English Literature Former
University of California, Davis B.S. In Engineering Former
Harvard University B.A. in 1964 and Former

Organization Position Status
Trexle Group Vice President Current
The Toro Company Group Vice President Current
The Toro Company President of Exmark Manufacturing Former
Fsi, Inc. Cfo Former
Exmark Corporation Vice President Former
Exmark Corporation General Manager Former
The Toro Company General Manager, Landscape Contractor Businesses Former
The Toro Company Director of Planning and Analysis Former
The Toro Company Corporate Controller Former
Virginia National Bank Planning Officer Former
Dayton Hudson Corporation Finance and Administration Roles Former
Old Dominion University Instructor Former
The Toro Company Treasurer Former
Columbia University MBA Former
DePauw University B.A. In Economics Former

Karen M. Meyer serves as vice president of administration for The Toro Company. Meyer oversees all information services, human resources, corporate communications, including public relations, administrative services, and facilities. Meyer reports directly to Michael Hoffman, President and CEO. As a vice president, Meyer is a member of The Toro Foundation board and the Retirement Plan Investment Committee. Meyer also serves on the Greater Minneapolis United Way Human Resources Committee. In 1998, she was given the added responsibilities for the corporate information technology function. Prior to her current position, Meyer held a variety of executive management positions directing the corporate human resources, facilities, administration and corporate communications functions. She joined Toro in 1977. Meyer holds an undergraduate degree in education from the University of Minnesota in Minneapolis, Minnesota.

Organization Position Status
Trexle Vice President, Administration Current
The Toro Company Vice President of Administration Current
University of Minnesota Undergraduate Degree In Education Former
University of Minnesota degree in education Former

Organization Position Status
Toro Uses Information Vice President, Human Resources and Business Development Current
The Toro Company Vice President, HR & Business Dev Current
Trexle Vice President, Business and Strategic Development Current
WESCO Turf Inc Vice President, Human Resources and Business Development Current
Toro Myturf Vice President, Human Resources and Business Development Current
McGladrey & Pullen, LLP Partner Former
Personnel Decisions International Corporation Global Leader Former
University of Minnesota Ph.D. In Accounting Former
University of Minnesota Undergraduate Degree In Mathematics and Accounting Former

Organization Position Status
The Toro Company Vice President, Irrigation Business Current
The Irrigation Association Board of Directors Current
The Toro Company General Manager, International Business Former
The Toro Company Leadership Role, Micro Irrigation Business Former
Indiana University-Bloomington degree in management Former

Organization Position Status
The Toro Company Vice President & Controller Current

Organization Position Status
WESCO Turf Inc Vice President, Operations Current
Toro Myturf Vice President, Operations Current
Toro Uses Information Vice President, Operations Current
The Toro Company Vice President, Operations Current
Trexle Vice President, Operations Current
Outboard Marine Corporation Senior Vice President, Manufacturing Former
Rollins College B. S. Degree In Business Administration Former
Rollins College degree in business administration Former

Organization Position Status
The Toro Company General Counsel, Secretary & Vice President Current

Organization Position Status
Toro Myturf General Manager, Landscape Contractor Business Current
WESCO Turf Inc General Manager, Landscape Contractor Business Current
Toro Uses Information General Manager, Landscape Contractor Business Current
The Toro Company General Manager, Landscape Contractor Business Current
The Toro Company Manufacturing Systems Analyst Current
Toro Myturf Managing Director of Toro's Landscape Contractor Business Former
The Toro Company Managing Director, Landscape Contractor Business. Former
The Toro Company Director of Marketing Former
The Toro Company Senior Marketing Manager Former
University of St. Thomas M.B.A. Former
Hamline University Bachelor’S Degree In Business Administration Former

Organization Position Status
The Toro Company Managing Director Current
The Toro Company Corporate Controller Current
The Toro Company Director, Corporate Finance Former
The Toro Company Senior Manager, Corporate Finance Former

Organization Position Status
The Toro Company Managing Director, International Business Current
The Toro Company Director of Marketingâ?? Golf for the Commercial Business Former

Organization Position Status
The Toro Company Managing Director, Commercial Business Current
The Toro Company Director of Marketing, International Business Former
The Toro Company Senior Marketing Manager, Consumer Business. Former

Organization Position Status
Toro Employees Federal Credit Union Director Former
University of Minnesota Former
Minnesota Self-Insurers' Association Treasurer Current
University of St. Thomas Masters Degree In Business Administration Former

Organization Position Status
The Toro Company Director, IR Current

Organization Position Status
The Toro Company Director, Marketing Current
The Toro Company Director, Marketing Former

Organization Position Status
The Toro Company director of marketing Current
University of Minnesota MBA Former

Organization Position Status
The Toro Company Manager, Advertising Current

Organization Position Status
The Toro Company Manager, Community Relations Current

Organization Position Status
The Toro Company Controller Current

Anna began Yoga classes in 2000 and instantly knew this was what she was seeking. It was amazing how headaches were gone, stress was dealt with in a completely different manner, and with each class she grew deeper from within and found PEACE. After many hours of practice, she decided she wanted to become an Instructor. In 2003 she did just that. She wanted to help others also experience all these wonderful things yoga has to offer. Yoga is for ALL who seek it. She also works full time as a Project Coordinator in Commercial Engineering at The Toro Company in Bloomington, MN. She is happily married and has one child that is attending Winona State University. Her husband and daughter support Anna 100% in her Yoga journey.

Organization Position Status
The Toro Company Project Coordinator Current
Green Lotus Yoga and Healing Center of Lakeville, LLC. Current

Array

Organization Position Status
Mol-Son Current
The Toro Company Current

Mr. Twomey has been President and Chief Executive Officer of the Company since January 1986 and a director since 1987. In August 2003, he was named Chairman. He has held various executive officer positions with the Company since 1983. Mr. Twomey is currently serving as a director of The Toro Company and director of Universal Trailer Corporation.

Organization Position Status
Arctic Cat Inc. Chairman & CEO Current
The Toro Company Chair Current
Universal Trailer Corporation Director Current
WESCO Turf Inc Board of Directors Current
Arctic Cat Inc. Director Current

Organization Position Status
The Toro Company Board of Directors Current

Organization Position Status
The Toro Company Board of Directors Current

Gregg W. Steinhafel is Chairman of the Board, Chief Executive Officer and President of Target. He has been Chief Executive Officer since May 2008 and President since August 1999. He became Chairman on February 1, 2009. He began his career at Target as a merchandising trainee in 1979. Since that time, he has held various management positions with Target. He is also a director of The Toro Co.

Organization Position Status
Target Corporation Chief Executive Officer Current
The Toro Company Chief Executive Officer Current
Target Corporation Chairman Current
The Toro Company Director Current
Target Corporation President Former
Target Corporation Board of Directors Former

Organization Position Status
3M Company Executive Vice President, International Operations Current
The Toro Company Board of Directors Current
3M Company Vice President, Europe and Middle East Former
3M Company Division Vice President, Skin Health Division Former
3M Company General Manager, Skin Health Division Former
3M Company Managing Director, 3M Russia Former
3M Company Skin Health Business Unit Director, Skin Health Division Former
3M Company European Business Unit Manager, Surgical Devices, 3M Europe Former
3M Company Business Manager, Vision Care and Orthopedic Products, 3M Europe Former
3M Company Group Manager, Life Sciences Sector, 3M Sweden Former

Organization Position Status
The Toro Company Secretary Current
The Toro Company General Counsel, Vice President & Secretary Former
The Toro Company General Counsel Former
University of Minnesota Law School Llb. Former

Organization Position Status
McData Corporation Chief Financial Officer Current
Qwest Communications International Inc. Senior Vice President Current
The Toro Company Director Current
Qwest Communications International Inc. Treasurer Current
Lennox International Inc. Board of Directors Current
McData Corporation Senior Vice President Former
Quaker Oats Company Vice President Former
Quaker Oats Company Treasurer Former

Organization Position Status
Yellow Pages Integrated Media Associationsm Chair Current
The Toro Company Board of Directors Current
Leadership America Member Current
Idearc Media Corp. President and Chief Executive Officer Former
Vis, LLC President Former
Verizon Communications Inc. President, Info Services Former
Idearc Media Corp. Board of Directors Former
The University of Texas at Austin Bachelor's Degree In Accounting Former

Organization Position Status
Innovex, Inc. Current
SurModics, Inc. Board of Directors Current
The Toro Company Board of Directors Current
Jostens, Inc. Chief Executive Officer Former
Jostens, Inc. President Former
Corning Incorporated Former
Jostens, Inc. Chairman Former
Tuck School of Business at Dartmouth M.B.A. Former
Rensselaer Polytechnic Institute B.S. in mechanical engineering Former

Organization Position Status
The Toro Company Director Current
Arctic Cat Inc. Director Former

Organization Position Status
The Toro Company Board of Directors Current
Bemis Company, Inc. Director Former

Executive News

  • Target Releases 3Q Earnings

    TradingMarkets - 11/21/09 - View Story

  • Target Named One of the Top Companies for Leaders in North America by Hewitt Associates, The RBL Group and Fortune

    Business Wire - 11/20/09 - View Story

  • Sears Holdings Set To Release Q3 Results

    TradingMarkets - 11/19/09 - View Story

  • Headlines: Housing sector not aiding recovery

    The Detroit Free Press - 11/19/09 - View Story

  • Report: Target eyes smaller-format stores; expansion constrained by real estate availability

    Chain Store Age - 11/19/09 - View Story

  • Target expanding 'PFresh' grocery concept

    Biz Journals - 11/18/09 - View Story

  • Consumers are coming back, but Target downplays expectations

    Minneapolis Star Tribune - 11/18/09 - View Story

  • Target proceeds with caution: Discounter's profits up, but same-store sales drop 1.6%

    TradingMarkets - 11/18/09 - View Story

  • Target Posts Better-than-expected Q3 Profits; Sales Up Slightly

    Progressive Grocer - 11/18/09 - View Story

  • Target proceeds with caution

    TwinCities.com - 11/18/09 - View Story

  • Discretionary spending drives Target earnings up

    TradingMarkets - 11/17/09 - View Story

  • Target on Target

    Barron's Online - 11/17/09 - View Story

  • Target profit climbs 18 pct in 3Q on lower costs

    TwinCities.com - 11/17/09 - View Story

  • Target to add ‘PFresh’ grocery concept at 350 stores

    Denver Business Journal - 11/17/09 - View Story

  • Toro Reports Fiscal 2009 Second Quarter Results

    DiGiTAL50 - 5/21/09 - View Story

  • Toro beats Wall Street, despite sales and earnings drops

    Biz Journals - 5/21/09 - View Story

  • Toro Reports Fiscal 2009 Second Quarter Results

    Street Insider - 5/21/09 - View Story

  • Toro Reports Fiscal 2009 Second Quarter Results

    Yahoo! Canada - 5/21/09 - View Story

  • Toro Reports Fiscal 2009 Second Quarter Results

    RBC Dain Raushcer - 5/21/09 - View Story

  • Toro Reports Fiscal 2009 Second Quarter Results

    Business Wire - 5/21/09 - View Story

advertisement
     TTC $41.05 +0.12 (0.29% )
Average Volume 268,535
Shares Outstanding 34.22M
Market Cap 1.4B
Year High 42.03
Year Low 20.24
Earnings Per Share 1.73
P/E Ratio 23.73
Dividend 0.60
Yield 1.46
advertisement
Click Here