Toromont Industries Ltd., trading in the U.S. OTC market as TMTNF, is a diversified Canadian industrial company with roots dating back to 1901. Headquartered in Toronto, Ontario, the company operates through two primary business segments: Equipment Group and CIMCO Refrigeration. Over more than a century of operations, Toromont has built a reputation for reliable service, technical expertise and comprehensive lifecycle support for heavy equipment and refrigeration systems.
The Equipment Group is Toromont’s largest division, acting as an exclusive dealer for Caterpillar equipment across much of Canada. This segment provides a full spectrum of solutions, including sales, equipment rental, parts distribution, field service, and maintenance. Customers in mining, construction, energy, forestry and material handling rely on Toromont’s extensive network of branches, mobile service units and specialized support teams to keep critical assets operating at peak efficiency.
CIMCO Refrigeration delivers industrial and commercial refrigeration solutions tailored to the food and beverage processing, cold storage, distribution, retail and other temperature-sensitive industries. Its offerings include the design, engineering and installation of ammonia-based and synthetic refrigerant systems, as well as turnkey project management. CIMCO’s aftermarket services encompass remote monitoring, preventative maintenance and emergency response, helping clients minimize downtime and optimize energy performance.
Serving customers coast to coast in Canada and selectively in the United States, Toromont benefits from a seasoned leadership team focused on operational excellence and long-term growth. The company is led by President and Chief Executive Officer Stephen A. Beatty, supported by senior management with deep industry experience. Toromont’s commitment to safety, customer service and strategic reinvestment underscores its position as a trusted partner for heavy machinery and refrigeration infrastructure.
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