Toromont Industries Ltd.
TSX : TIH

Toromont Industries Ltd.

August 15, 2006 17:32 ET

Toromont Announces Quarterly Dividend

TORONTO, ONTARIO--(CCNMatthews - Aug. 15, 2006) - Toromont Industries Ltd. (TSX:TIH) today announced the regular quarterly dividend of 10 cents per share on outstanding common shares, payable October 2, 2006 to shareholders of record on September 15, 2006.

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, coal-bed methane, 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 over 4,700 people in more than 115 locations and is listed on the Toronto Stock Exchange under the symbol TIH. 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.
    Paul R. Jewer
    Vice President Finance and Chief Financial Officer
    (416) 667-5638
    www.toromont.com