Toro seeks to expand its micro-irrigation business

03/12/2013 | Star Tribune (Minneapolis-St. Paul, Minn.)

Toro plans to strengthen its micro-irrigation business to achieve growth, said CEO Mike Hoffman during the company's annual shareholders' meeting. The company is in the process of acquiring a micro-irrigation firm in China, and is developing new trench and plow products for landscapers and others. "We are not a market leader today, but we are moving in that direction," Hoffman said.

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Star Tribune (Minneapolis-St. Paul, Minn.)

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