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ap

Toro buys piece of Ty-Crop business

Toro acquires turf maintenance assets from Ty-Crop, financial terms undisclosed

  • On 9:26 am EDT, Wednesday October 14, 2009

BLOOMINGTON, Minn. (AP) -- The Toro Co., which makes outdoor maintenance equipment, said Wednesday it acquired some assets from TY-Crop Manufacturing Ltd., which makes equipment to maintain golf courses and sports fields.

Financial terms were not disclosed. Toro said the acquisition will build its position in the turf maintenance industry.

The products will be marketed under the Toro brand and sold through Toro's distribution channel.

Ty-Crop also makes trailers and oil and gas products, but those businesses were not affected by the acquisition.

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