Toromont Industries Ltd.
TSX : TIH

Toromont Industries Ltd.

October 31, 2007 11:30 ET

Toromont Announces Quarterly Dividend

TORONTO, ONTARIO--(Marketwire - Oct. 31, 2007) - Toromont Industries Ltd. (TSX:TIH) today announced the regular quarterly dividend of 12 cents per share on outstanding common shares, payable January 2, 2008 to shareholders of record on December 14, 2007.

About Toromont

Toromont Industries Ltd. operates through two business segments: The Equipment Group and the Compression Group. The Equipment Group includes one of the world's largest Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations. The Compression Group is a North American leader specializing in the design, engineering, fabrication and installation of compression systems for natural gas, fuel gas and carbon dioxide in addition to process systems and industrial and recreational refrigeration systems. Both groups offer comprehensive product support capabilities. Toromont employs approximately 4,400 people in more than 115 locations. This press release and more information about Toromont Industries can be found at www.toromont.com.

Contact Information

  • Toromont Industries Ltd.
    Robert M. Ogilvie
    Chairman & CEO
    (416) 667-5554
    or
    Toromont Industries Ltd.
    Paul R. Jewer
    Vice President Finance & CFO
    (416) 667-5638
    Website: www.toromont.com