BOSS Products to be purchased by Minnesota company

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BOSS Products announced Monday that it has entered into an agreement to be purchased by The Toro Company, which has its worldwide headquarters based in Bloomington, MN.

President of BOSS Products, Dave Brule II, said, “This is an exciting milestone in the history of BOSS. Toro is a premium brand with worldwide distribution. As part of Toro, BOSS will be poised to experience additional growth and market leadership within the snow & ice management industry.”

Brule added that all manufacturing and jobs associated with the BOSS business will remain in Iron Mountain, MI. “Over the last 30 years, our team has built a strong brand that leads the market in innovation and quality. The manufacturing and design of the product is a testament to the talent and hard work of our employees here in Iron Mountain. Similar to BOSS, Toro manufactures innovative and reliable products for professional landscape and snow-removal contractors. We believe Toro’s reputation for quality and service is a perfect fit with the BOSS culture.”

BOSS currently employs approximately 340 employees in production and professional positions. It manufacturers snow and ice management equipment such as truck plows, salt and sand spreaders, ATV/UTV plows and box plows.

“With BOSS, we will gain another strong professional contractor brand, a portfolio of reliable counter-seasonal equipment, efficient manufacturing operations, and a well-established and broad North American distribution channel for the products,” said Mike Hoffman, Chairman and CEO of The Toro Company. “In addition, BOSS brings to us a talented and experienced management team, a passionate and dedicated team of employees, and a culture of innovation and customer service that is similar to our own.”

The transaction is subject to customary closing conditions, including regulatory approvals, and we expect to close in the next 90 days.

BOSS Snowplow is a leader in the snow and ice management business with a growing line up of plows for trucks, UTVs, and ATVs, salt and sand spreaders and box plows built for the snow and ice management professional, as well as the homeowner. All products are designed for ease of use, quality and durability. With a market competitive warranty, uncompromising quality and high level of craftsmanship, BOSS has grown to be a leader in the sales of truck mount plows.

BOSS products are designed and manufactured in Iron Mountain, MI in an approved ISO 9001:2008 registered facility. BOSS maintains a dealer network of nearly 800 companies domestically and internationally.

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 $2 billion in fiscal 2013, 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 http://thetorocompany.com/.

For more information on BOSS Snowplow call 800-286-4155 or visit the company’s website at http://www.bossplow.com/.

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