An Oklahoma-based witch sold in Toro for $ 700 million

"The addition of Charles Machine Works will further strengthen our portfolio of leading brands in the market, backed by talented employees, a commitment to innovation, a network of leading resellers and sustainable customer relationships." "said Richard M. Olson, Toro's President and CEO. "As an organization, Charles Machine Works aligns well and will contribute to our own strategic priorities of profitable growth, operational excellence, and empowering people." significantly in an adjacent category that we know well thanks to our own specialized construction in an attractive market given the growth potential that attacks both the aging infrastructure currently in place and the new infrastructure that will be needed to support next-generation technologies such as 5G. "