BLOOMINGTON, MINN.—According to an article in the Minneapolis Star Tribune, Toro CEO Michael Hoffman expects his company “to play a much bigger role in the micro-irrigation market in years to come.”
“Toro will soon acquire a small Chinese firm that specializes in micro-irrigation products,” the article reports. “The size of that deal is not as important as its role in helping Toro expand into foreign markets, Hoffman told shareholders during the brief meeting.”
To read the article in its entirety, click here.
