BRADFORD WEST GWILLIMBURY, ON, September 7, 2022 /CNW/ – Toromont Industries Ltd. is pleased to announce the construction of a new 137,000 square foot reconditioning facility in the city of Bradford West Gwillimbury, Ontario. This significant investment will support the growing needs of our customers while creating opportunities for our people and the surrounding community.
The facility is scheduled to open in early 2024 and will employ 150 skilled trades at the time of opening, with a final capacity of 200. We will be located on the north side of 5the Line on Coffey Road with easy access to Highway 400. This world-class remanufacturing facility incorporates the latest in design and equipment to ensure the highest standards of safety, quality and production efficiency. Component remanufacturing is a critical element of the circular economy and helps reduce the lifecycle cost of our customers’ equipment, as well as complementing our environmental, social and governance (ESG) and sustainability goals.
This additional capacity combined with our Reman operations in Québec City, Pointe-Claire Y thunder bay will be instrumental in supporting the growing number of customers who trust the products we build.
Our remanufacturing operations are also a key element in supporting the value proposition of the investments our customers make in our equipment. We help extend the life of equipment, providing economically and environmentally sound solutions that support the industries and customers we serve.
Our Real Estate Development Team and consultants will continue to work closely with City staff to meet our project milestones.
“This is a key element of our ongoing investments for the future benefit of our employees, our customers, our partners and our shareholders” – Joel Haute CoutureToromont Cat COO
“The city is delighted with Toromont’s decision to invest in our community and bring 200 well-paying jobs to Bradford West Gwillimbury. I would like to thank the Toromont leadership team for choosing BWG as the new home for their remanufacturing plant. and we welcome a growing list of fantastic companies attracted to our burgeoning job corridor along Highway 400.” – Rob KefferMayor, Bradford West Gwillimbury
Toromont Industries Ltd. operates through two business segments: The Equipment Group and CIMCO. The Equipment Group includes one of the largest Caterpillar dealers by revenue and geographic territory, covering the Canadian provinces of Newfoundland and Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Québec, Ontario and Manitoba, as well as most of the Canadian territory from Nunavut. In addition, the Group includes industry-leading rental operations, a complementary material handling business and an agricultural equipment business.
CIMCO is a market leader in the design, engineering, manufacture and installation of industrial and recreational refrigeration systems. Both segments offer comprehensive product support capabilities. You can find this press release and more information about Toromont Industries Ltd. at www.toromont.com.
For more information contact:
Michael S. Mc Millan
Executive Vice President and Chief Financial Officer
Industrias Toromont Ltda.
Phone: (416) 514-4790
Economic Development Manager
City of Bradford West Gwillimbury
SOURCE Toromont Industries Ltd.