The Toro Company Acquires Assets of Southern Green to Strengthen Position in Aerification Market

[IGCEMA_RSS_FEED]

The Toro Company Acquires Assets of Southern Green to Strengthen Position in Aerification Market

Southern Green's Deep-Tine Aerators Expand Toro's Popular Line of ProCore(R) Aeration Equipment

BLOOMINGTON, Minn., Oct 13, 2008 (BUSINESS WIRE) -- The Toro Company (NYSE:TTC) today announced that it has acquired certain assets from Southern Green, Inc., a leading manufacturer of deep-tine aeration equipment based in Zachary, Louisiana. The acquisition of Southern Green's versatile line of Soil Reliever(R) aerators helps grow the company's offering of highly-productive cultivation equipment and provides entry into a new product category.

"Enhanced cultivation practices are becoming increasingly critical to the success of our customers," said Michael Happe, general manager of Toro's commercial business. "Southern Green brings a well-respected line of deep-tine aerators known for their precision, performance and unique functionality. During the past several years, we have worked intentionally to deliver innovative products to enhance our lineup of cultivation equipment. Along with the recent market success of our ProCore aerators and ProCore Processor, the addition of the Soil Reliever technology helps complement and extend our offering to customers around the world."

Established in 1993, Southern Green is a leading manufacturer of deep-tine aeration equipment for golf course and sports field applications. Southern Green has built a solid reputation around its popular Soil Reliever product line, which is considered to be the only purpose-built, deep-tine aerator manufactured in the United States.

About The Toro Company

The Toro Company (NYSE:TTC) is a leading worldwide provider of turf and landscape maintenance equipment, and precision irrigation systems. With sales of nearly $1.9 billion in fiscal 2007, Toro's global presence extends to more than 140 countries through its reputation of world-class service, innovation and turf expertise. Since 1914, the company has built a tradition of excellence around a number of strong brands to help customers care for golf courses, sports fields, public green spaces, commercial and residential properties, and agricultural fields. More information is available at www.thetorocompany.com.

More...