About TORNADO TRUCKS
TORNADO TRUCKS is a publicly listed company based in Calgary (Canada) founded in 1984, and was acquired by Toro in October 2025. Excavation trucks are developed and manufactured for heavy-duty applications. TORNADO TRUCKS offers products and services including F2 Urban, F3 City, F4 Rural, and F5 Remote. Its focus areas include Auto, Auto Brands, Off Highway Vehicles and Camping Trucks. Its competitors include Capstan Hauling, Northern Lite and Triple E Recreational Vehicles.
Company details
Tornado Trucks was founded in 1984 and is headquartered in Calgary, Canada. The company operates within the heavy equipment sector, focusing on the design and production of excavation trucks used in mining and construction industries. Manufacturing processes are conducted to meet operational needs in rugged environments, with distribution supported through the domain tornadotrucks.com. Activities emphasize engineering solutions for efficient earthmoving tasks across North American markets.
- Headquarters Calgary, Canada
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website tornadotrucks.com
- Social LinkedIn Facebook YouTube
- Acquired by Toro (Oct 2025)
- Legal Name Tornado Infrastructure Equipment Ltd.
Products & Services of TORNADO TRUCKS
TORNADO TRUCKS offers a comprehensive portfolio of products and services, including F2 Urban, F3 City, F4 Rural, and F5 Remote.
Compact hydrovac truck for navigating tight urban worksites efficiently.
Balanced hydrovac truck for city and suburban excavation tasks.
Efficient hydrovac truck with high capacity for rural site operations.
High-load hydrovac truck designed for remote and isolated job sites.
Apps and channels of TORNADO TRUCKS
its YouTube channel Tornado Infrastructure Equipment Ltd. has 192 subscribers and 8 videos.
Videos from TORNADO TRUCKS
The most watched videos on TORNADO TRUCKS's YouTube channel, Tornado Infrastructure Equipment Ltd. (192 subscribers). Click a video to play it here.
Funding Insights of TORNADO TRUCKS
- Total Rounds 1
- Last Round Debt – Conventional — $7.8M
- First Round $7.8M
(Jul 2021)
- Investors Count 1
All 1 funding rounds of TORNADO TRUCKS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | $7.8M | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in TORNADO TRUCKS
TORNADO TRUCKS has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Toro and TD Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial services are offered through diverse subsidiaries. | 1955 | td.com | Portland, United States | |
Turf management machinery and agricultural irrigation systems are manufactured. | 1914 | toro.com | Minneapolis, United States |
Investor details for TORNADO TRUCKS
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People of TORNADO TRUCKS
3 people are tracked at TORNADO TRUCKS (3 in leadership).
| Name | Role | Group |
|---|---|---|
Shuang Hu P. Eng. | Senior Product Manager & Chief Engineer P. Eng. | Leadership |
Brett Newton | CEO | Leadership |
Derek Li | Vice President Of Finance | Leadership |
Complete people profiles for TORNADO TRUCKS
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IPO & Listings of TORNADO TRUCKS
TORNADO TRUCKS is a publicly listed company on the TSXV with ticker symbol TGH in Canada, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Jul 2016
- Listed onCVE: TGH
- Listed entityTornado Infrastructure Equipment Ltd.
- Exchange sectorConsumer durables
- ISINCA8910821096
- Share price1.92 CAD · 2025-12-11
- Market capitalisation265,831,488.00 CAD
- Price to earnings21.1
- EPS (diluted, trailing year)0.09 CAD
- Volume (last session)17,958
- Analyst consensusSell
Financials of TORNADO TRUCKS
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | 136.9M CAD | 10.3M CAD | 14.7M CAD |
| 2023 | 105.0M CAD | 7.3M CAD | 11.3M CAD |
| 2022 | 59.5M CAD | 2.5M CAD | 4.2M CAD |
| 2021 | 32.9M CAD | -3.2M CAD | -1.2M CAD |
| 2020 | 31.0M CAD | -667,000 CAD | -606,000 CAD |
Detailed financial statements for TORNADO TRUCKS
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Timeline of TORNADO TRUCKS
4 dated milestones of TORNADO TRUCKS across 41 years, from founding to its latest funding, stage changes and deals.
- Founded TORNADO TRUCKS is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $7.8M.
- Exit Acquired by Toro.
Competitors of TORNADO TRUCKS
TORNADO TRUCKS has 3 listed competitors in our database. They include Capstan Hauling, Northern Lite and Triple E Recreational Vehicles.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| capstanhauling.com | 2002 | Grande Prairie, Canada | Designs and manufactures oilfield trucks | |||
| northern-lite.com | 1989 | Kelowna, Canada | Manufacturer of truck campers | |||
| tripleerv.com | 1965 | Winkler, Canada | Designs and manufactures recreational vehicles for leisure travel and exploration. |
Detailed competitors of TORNADO TRUCKS
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Web traffic of TORNADO TRUCKS
The website of TORNADO TRUCKS (tornadotrucks.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 21% vs previous month
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Related news about Tornado Trucks
Complete news archive for TORNADO TRUCKS
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Frequently Asked Questions about TORNADO TRUCKS
TORNADO TRUCKS was founded in 1984 and raised its 1st funding round 37 years after it was founded.
TORNADO TRUCKS is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Annual revenue of TORNADO TRUCKS is $95.14M as on Dec 31, 2024.
Tornado Trucks was founded in 1984 and is headquartered in Calgary, Canada. The company operates within the heavy equipment sector, focusing on the design and production of excavation trucks used in mining and construction industries. Manufacturing processes are conducted to meet operational needs in rugged environments, with distribution supported through the domain tornadotrucks.com. Activities emphasize engineering solutions for efficient earthmoving tasks across North American markets.
TORNADO TRUCKS's top competitors include Northern Lite, Capstan Hauling and Triple E Recreational Vehicles.
TORNADO TRUCKS offers F2 Urban, F3 City, F4 Rural, and F5 Remote.
Yes, TORNADO TRUCKS is publicly traded on TSXV under the ticker symbol TGH.
Yes. TORNADO TRUCKS was acquired by Toro in October 2025.