Toromont Industries Ltd.
TSX : TIH

Toromont Industries Ltd.

August 15, 2005 17:40 ET

Toromont Announces Quarterly Dividend

TORONTO, ONTARIO--(CCNMatthews - Aug. 15, 2005) - Toromont Industries Ltd. (TSX:TIH) today announced the regular quarterly dividend of 8 cents per share on outstanding common shares, payable October 3, 2005 to shareholders of record on September 16, 2005.

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 4,000 people in more than 110 locations. This press release and more information about Toromont Industries can be found on the Web at www.toromont.com.

Contact Information

  • Toromont Industries Ltd.
    Hugo T. Sorensen
    President and Chief Executive Officer
    (416) 667-5527
    or
    Toromont Industries Ltd.
    Wayne S. Hill
    Executive Vice President and Chief Financial Officer
    (416) 667-5776