The Toro Company Expands Headquarters Furthering Its Investments in Innovation and Supporting Future Growth

  The Toro Company Expands Headquarters Furthering Its Investments in
  Innovation and Supporting Future Growth

Business Wire

BLOOMINGTON, Minn. -- September 5, 2013

The Toro Company (NYSE: TTC), a leading worldwide provider of turf, landscape,
rental and construction equipment, and irrigation and outdoor lighting
solutions, broke ground today on a $25 million expansion in Bloomington,
Minnesota that the company has called home for over 50 years. The project
begins the process of expanding the company’s product development and test
capacities, demonstrating its continued commitment to innovation.

“We are investing in our Bloomington facility to enable our businesses to
continue to meet the needs of our customers,” said Michael J. Hoffman, Toro’s
chairman and chief executive officer. “With the anticipated growth of our
businesses, through ongoing product development and the addition of recent
acquisitions taking us into new markets, this investment will help to expand
our technical capacity and further the innovation our customers expect. As we
celebrate our Centennial next year, this project will help position us for the
future and reinforce our commitment to innovation, our customers, and our
employees.”

The 75,000-square foot expansion is scheduled for completion in the summer of
2014. Toro moved to its Bloomington, MN, location in 1952, opening a research
and development facility, and later its headquarters in 1962. The last major
addition to the facility came in 1997.

The construction effort is being led by Minneapolis-based Ryan Companies US,
Inc. and LEO A DALY LLP is the architect on the project.

About The Toro Company
The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative
turf, landscape, rental and construction equipment, and irrigation and outdoor
lighting solutions. With sales of more than $1.9 billion in fiscal 2012,
Toro’s global presence extends to more than 90 countries through strong
relationships built on integrity and trust, constant innovation, and a
commitment to helping customers enrich the beauty, productivity and
sustainability of the land. 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.toro.com.

Contact:

The Toro Company
Investor Relations
Amy Dahl, 952-887-8917
Managing Director, Corporate Communications and Investor Relations
amy.dahl@toro.com
or
Media Relations
Branden Happel, 952-887-8930
Senior Manager, Public Relations
branden.happel@toro.com
 
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