Our business leaders collectively own more than 3.9% of Toromont common shares and over 48% of our employees are shareholders.

Toromont's leadership teams - at the corporate and business unit level - are highly experienced. On average, our leaders have 28 years of business experience and have served Toromont for 19 years.

Toromont has employed a decentralized approach to management for over 20 years. It has helped us to develop strong business unit leaders who have decision-making authority over the allocation of capital and the responsibility to meet well-established performance and growth targets.

We focus on highly specific capital goods with significant after sales product support opportunities. Our parts and service business is a significant contributor to profitability.

We sell, service and support market-leading brands of equipment, provided by companies such as Caterpillar. Our brands and our extensive customer support networks provide competitive barriers to entry.

We serve a wide variety of end markets - including mining, road building, power generation, infrastructure, natural gas compression, mining and refrigeration to name a few - across a number of North American regions, Australasia, Europe and MENA. And we maintain relationships with thousands of great customers.

Toromont's information technology represents a competitive differentiator in the marketplace. The Company's selective investments in technology, inclusive of e-commerce initiatives, strengthen customer service capabilities, generate new opportunities for growth, drive efficiency and increase returns to our shareholders.

Our strategies are long-term in nature and include: expand market offerings, strengthen product support, broaden product offerings and invest in our resources.

Toromont's belief in conservative leverage provides it with the financial flexibility to pursue growth opportunities.