Toro Acquires Stone Assets

April 26, 2012

The Toro Co. has the assets of Stone Construction Equipment, which abruptly closed its doors six weeks ago.

Products included in the purchase include include concrete and mortar mixers, material handlers, compaction equipment, and other concrete power tools. Toro says the products complement its recent acquisitions of tree care and turf renovation product lines.

“Stone built a solid reputation around quality,” said Rick Rodier, general manager of Toro’s Sitework Systems Business. “These products are respected by rental and construction customers, and complement our current line of compact utility equipment and trenchers extremely well. We see great opportunity to leverage our core strengths in innovation, engineering and distribution to grow share in these new categories.”