{"id":872693,"date":"2025-08-07T09:03:44","date_gmt":"2025-08-07T13:03:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-toro-company-announces-sale-of-trencor-brand-and-auger-boring-category-under-the-american-augers-brand\/"},"modified":"2025-08-07T09:03:44","modified_gmt":"2025-08-07T13:03:44","slug":"the-toro-company-announces-sale-of-trencor-brand-and-auger-boring-category-under-the-american-augers-brand","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-toro-company-announces-sale-of-trencor-brand-and-auger-boring-category-under-the-american-augers-brand\/","title":{"rendered":"The Toro Company Announces Sale of Trencor Brand and Auger Boring Category Under the American Augers Brand"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>The Toro Company Announces Sale of Trencor Brand and Auger Boring Category Under the American Augers Brand<\/b><\/p>\n<p class=\"bwalignc\"><i>Strategic actions aimed at supporting future growth in core segments, driving operational efficiencies, and building a leadership position in the underground construction industry<\/i><\/p>\n<p>BLOOMINGTON, Minn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced the sale of its Trencor equipment brand and the auger boring product category, a subset of the American Augers brand. Terms of the transactions were not disclosed.<\/p>\n<p>\nWith the divesture of the auger boring product category, The Toro Company will continue to manufacture American Augers\u2019 line of underground equipment including large horizontal directional drills, pumps and fluid cleaning systems at its West Salem, Ohio, location. The divesture of Trencor includes assets specific to the full line of large-track trenchers and mining equipment.<\/p>\n<p>\n\u201cToday\u2019s announcement within our construction portfolio places additional focus on the core underground categories that will provide the greatest growth opportunity and best position our business for future success,\u201d said Peter Moeller, group vice president, Construction Businesses at The Toro Company. \u201cSupported by demand in the pipeline, water and energy transmission sectors, we are excited about the near and long-term prospects for our underground construction business and our ability to deliver cutting-edge solutions to meet the needs of our customers.\u201d<\/p>\n<p>\nThese transactions represent The Toro Company\u2019s commitment to disciplined portfolio management and prudent capital allocation strategies. It also represents an opportunity for The Toro Company to remain competitive in its core underground construction markets with a focus on efficiency improvements and synergy gains. Revenue for each business component have historically been included in the company\u2019s professional segment results.<\/p>\n<p>\nTrencor and American Augers became part of The Toro Company through the acquisition of Charles Machine Works in 2019, which includes Ditch Witch and other leading underground construction brands.<\/p>\n<p><b>About The Toro Company<br \/>\n<br \/><\/b>The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With net sales of $4.6 billion in fiscal 2024, The Toro Company\u2019s global presence extends to more than 125 countries through a portfolio of brands that includes Toro, Ditch Witch, Exmark, Spartan, BOSS, Ventrac, American Augers, Subsite, HammerHead, Radius, Perrot, Hayter, Unique Lighting Systems, Irritrol, and Lawn-Boy. Through constant innovation and caring relationships built on trust and integrity, The Toro Company and its brands have built a legacy of excellence by helping customers work on golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.thetorocompany.com&amp;esheet=54304428&amp;newsitemid=20250807998122&amp;lan=en-US&amp;anchor=www.thetorocompany.com&amp;index=1&amp;md5=9056c4ec073f9bd19d986c84060563f2\">www.thetorocompany.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250807998122r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250807998122\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250807998122\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>Jeremy Steffan<br \/>\n<br \/>Director, Investor Relations<br \/>\n<br \/>(952) 887-7962, <a rel=\"nofollow\" href=\"mailto:jeremy.steffan@toro.com\">jeremy.steffan@toro.com<\/a><\/p>\n<p><b>Media Relations<br \/>\n<\/b><br \/>Branden Happel<br \/>\n<br \/>Senior Manager, Public Relations<br \/>\n<br \/>(952) 887-8930, <a rel=\"nofollow\" href=\"mailto:branden.happel@toro.com\">branden.happel@toro.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Minnesota<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Home Goods Residential Building &amp; Real Estate Retail Commercial Building &amp; Real Estate Construction &amp; Property Manufacturing Other Consumer Mining\/Minerals Other Retail Natural Resources Other Manufacturing Specialty Machinery Landscape Consumer Other Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250807998122\/en\/2329603\/3\/The_Toro_Company_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The Toro Company Announces Sale of Trencor Brand and Auger Boring Category Under the American Augers Brand Strategic actions aimed at supporting future growth in core segments, driving operational efficiencies, and building a leadership position in the underground construction industry BLOOMINGTON, Minn.&#8211;(BUSINESS WIRE)&#8211; The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced the sale of its Trencor equipment brand and the auger boring product category, a subset of the American Augers brand. Terms of the transactions were not disclosed. With the divesture of the auger boring product category, The Toro Company will continue to manufacture American Augers\u2019 line of underground equipment including large horizontal directional drills, pumps and fluid cleaning systems at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-toro-company-announces-sale-of-trencor-brand-and-auger-boring-category-under-the-american-augers-brand\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Toro Company Announces Sale of Trencor Brand and Auger Boring Category Under the American Augers Brand&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-872693","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Toro Company Announces Sale of Trencor Brand and Auger Boring Category Under the American Augers Brand - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-toro-company-announces-sale-of-trencor-brand-and-auger-boring-category-under-the-american-augers-brand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Toro Company Announces Sale of Trencor Brand and Auger Boring Category Under the American Augers Brand - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The Toro Company Announces Sale of Trencor Brand and Auger Boring Category Under the American Augers Brand Strategic actions aimed at supporting future growth in core segments, driving operational efficiencies, and building a leadership position in the underground construction industry BLOOMINGTON, Minn.&#8211;(BUSINESS WIRE)&#8211; The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, today announced the sale of its Trencor equipment brand and the auger boring product category, a subset of the American Augers brand. Terms of the transactions were not disclosed. With the divesture of the auger boring product category, The Toro Company will continue to manufacture American Augers\u2019 line of underground equipment including large horizontal directional drills, pumps and fluid cleaning systems at &hellip; Continue reading &quot;The Toro Company Announces Sale of Trencor Brand and Auger Boring Category Under the American Augers Brand&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-toro-company-announces-sale-of-trencor-brand-and-auger-boring-category-under-the-american-augers-brand\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-07T13:03:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250807998122r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-toro-company-announces-sale-of-trencor-brand-and-auger-boring-category-under-the-american-augers-brand\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-toro-company-announces-sale-of-trencor-brand-and-auger-boring-category-under-the-american-augers-brand\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Toro Company Announces Sale of Trencor Brand and Auger Boring Category Under the American Augers Brand\",\"datePublished\":\"2025-08-07T13:03:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-toro-company-announces-sale-of-trencor-brand-and-auger-boring-category-under-the-american-augers-brand\\\/\"},\"wordCount\":553,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-toro-company-announces-sale-of-trencor-brand-and-auger-boring-category-under-the-american-augers-brand\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250807998122r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-toro-company-announces-sale-of-trencor-brand-and-auger-boring-category-under-the-american-augers-brand\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-toro-company-announces-sale-of-trencor-brand-and-auger-boring-category-under-the-american-augers-brand\\\/\",\"name\":\"The Toro Company Announces Sale of Trencor Brand and Auger Boring Category Under the American Augers Brand - 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Terms of the transactions were not disclosed. 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