10:23 AM EDT, 08/07/2025 (MT Newswires) -- Toro (TTC) said Thursday it sold its Trencor equipment brand and auger boring product category under the American Augers label to an unnamed buyer.
The company said Trencor's divestiture includes assets tied to the company's full line of large-track trenchers and mining equipment.
Toro said it will continue manufacturing American Augers line of large horizontal directional drills, pumps and fluid cleaning systems at its facility in West Salem, Ohio.
Trencor and American Augers were part of Toro's 2019 acquisition of Charles Machine Works.
Financial terms of the deal were not disclosed.
Price: 73.80, Change: -0.55, Percent Change: -0.73