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The Toro Company Announces Five-Year Commitment to The Atlanta University Center Consortium’s Dual Degree Engineering Program

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The Toro Company has announced a partnership with the Atlanta University Center Consortium to provide a $375,000 grant over five years to support scholarships for Black engineering students.

This initiative enhances opportunities through scholarships and paid internships aimed at diversifying the engineering workforce. The program aligns with Toro’s strategic commitment to Diversity, Equity, and Inclusion, aiming to increase diverse leadership in the company by 20% by fiscal 2025.

In fiscal 2022, Toro reported $4.5 billion in net sales, reinforcing its commitment to innovation and community engagement.

Positive
  • Commitment of $375,000 for scholarships and internships supports workforce diversity.
  • Aligns with Toro's strategic goal to increase diverse leadership by 20% by fiscal 2025.
  • Strengthens partnership with AUCC to foster Black engineers.
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  • None.

Newly established partnership will provide a $375,000 grant to support student scholarships, in addition to engineering internships across The Toro Company and its businesses

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- Continuing a long-standing commitment to furthering education and advancing diversity in our industries, The Toro Company is joining with the Atlanta University Center Consortium (AUCC) and its Dual Degree Engineering Program (DDEP) to expand opportunities for Black students to pursue careers in engineering.

The Toro Company announces five-year commitment to The Atlanta University Center Consortium’s Dual Degree Engineering Program. (Photo: Business Wire)

The Toro Company announces five-year commitment to The Atlanta University Center Consortium’s Dual Degree Engineering Program. (Photo: Business Wire)

Over the next five years, The Toro Company has committed $375,000 to fund scholarships for engineering students from the member institutions. The grant includes financial assistance for tuition and indirect costs associated with student scholarships. In addition to scholarships, The Toro Company will provide paid internship opportunities for DDEP students to gain deeper experiences across its many businesses.

“As we seek to create new partnerships and opportunities to help shape the future of our workforce, we are very excited to partner with the AUCC and support students pursuing degrees in the engineering field,” said Dr. Carliss Miller, Senior Manager, Diversity, Equity and Inclusion at The Toro Company. “Students who are selected for the program will have many opportunities, such as learning from leadership and subject matter experts in the industry to support their academic and professional development.”

“We are very excited that The Toro Company has chosen to invest in the AUCC’s Dual Degree Engineering Program. Their commitment to diversifying their workforce aligns with our mission to diversify the engineering profession to help supply companies like Toro with high-quality engineers,” said Dr. Said Sewell, Chief Academic, Research, and Student Success Officer and Director The Atlanta University Center Consortium, Inc. “For over 50 years, we, in partnership with our engineering schools, have been producing Black engineers who go on to lead lives of leadership and service. Our success in many ways is the result of industry partners like Toro choosing to support our students academically and professionally through scholarships and paid internships. We look forward to a long and fruitful partnership with The Toro Company.”

This investment and partnership comes as the demand for jobs in the area of STEM are projected to rise due to an increasing number of people who are transferring to other occupations or exiting the workforce. It also aligns with The Toro Company’s strategic commitment to Diversity, Equity and Inclusion and goal to increase the number of women and racial and ethnic minorities in leadership positions by at least 20% by fiscal 2025 as compared to fiscal 2021.

About The Toro Company

The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With net sales of $4.5 billion in fiscal 2022, The Toro Company’s global presence extends to more than 125 countries through a family of brands that includes Toro, Ditch Witch, Exmark, Spartan Mowers, BOSS Snowplow, Ventrac, American Augers, Trencor, Pope, Subsite Electronics, HammerHead, Radius HDD, Perrot, Hayter, Unique Lighting Systems, Irritrol, and Lawn-Boy. Through constant innovation and caring relationships built on trust and integrity, The Toro Company and its family of brands have built a legacy of excellence by helping customers work on golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. For more information, visit www.thetorocompany.com.

About The Atlanta University Center Consortium

The Atlanta University Center Consortium, a 501 (c)(3) non-profit corporation under the laws of the State of Georgia, formed in 1929 to operate on behalf of its member institutions–Clark Atlanta University, Morehouse College, Morehouse School of Medicine, and Spelman College—is the world’s oldest and largest association of historically Black colleges and universities. The Consortium is a vibrant intellectual community with a long tradition of scholarship, service, and community engagement.

Branden Happel

The Toro Company

952-887-8930

branden.happel@toro.com

Source: The Toro Company

FAQ

What is the purpose of The Toro Company's partnership with AUCC?

The partnership aims to provide scholarships and paid internships for Black engineering students, promoting workforce diversity.

How much is The Toro Company investing in the AUCC Dual Degree Engineering Program?

The Toro Company is investing $375,000 over five years to support scholarships for engineering students.

What are the expected outcomes of the partnership for The Toro Company?

The partnership is expected to enhance workforce diversity and contribute to Toro's goal of increasing representation by 20% by fiscal 2025.

What financial performance did The Toro Company report in fiscal 2022?

In fiscal 2022, The Toro Company reported net sales of $4.5 billion.

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