
Toro acquires turf division of TYCROP
The Toro Company announced today that it has acquired the topdresser and material handler lines from TYCROP Manufacturing Ltd., a privately-held company based in Rosedale, BC, Canada.
TYCROP products will be marketed under the Toro brand and sold through Toro’s distribution channel in the United States and international markets.
TYCROP Senior-Vice President Scott Mason launched the Golf and Turf Division at TYCROP nearly 20 years ago, moving topdressing into the mainstream and inspiring the creation of the industry’s first material handling technology. “Whether we introduced completely new equipment or patented significant advancements in technology - we built our brand into the industry leader by focusing our energy on lasting relationships and walking in our customer’s shoes. We are proud that our years of hard work are recognized and the torch we carried is now being passed onto the Toro Company, a most respected leader in the industry”.
Mason is quick to point out that this sale isn’t a sign of a bad economy, “We have had a downturn, like anyone else, but have continued to dominate and grow in the marketplace. This sale to Toro is a reflection of where the industry is going, not where it is at.” Mason says the days of the small manufacturer are dwindling as firms like Toro streamline distribution and operations. “The larger companies are seeing products like ours as strong, reliable sources of revenue – and rather than design and build their own line they approached us so they could jump into the market immediately. It gives Toro a head start and provides TYCROP with capital to explore and grow in our other brand markets.”
“Comprehensive cultivation and topdressing programs are increasingly important for our customers around the world,” said Michael Happe, vice president of Toro’s commercial business. “Golf courses and sports fields rely on these machines to achieve improved agronomic conditions and to create healthy, consistent playing surfaces. TYCROP’s solid reputation in this important category complements our existing line of application and cultivation equipment. Equally, it provides our customers with a more comprehensive offering to meet their turf maintenance needs.”
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