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In 1988, Lawn-Boy acquired Gilson Brothers Co., a Wisconsin-based manufacturer of outdoor power equipment and recreational equipment. In 1989, with a dire need for cash, OMC sold Lawn-Boy to the Toro Company, and eventually consolidated to the Toro headquarters in Bloomington, Minnesota. In 1996, the brand hit a major milestone: they were the ...
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The first Lowe's store, Mr. L.S. Lowe's North Wilkesboro Hardware, opened in North Wilkesboro, North Carolina, in 1921 by Lucius Smith Lowe. [8] After Lowe died in 1940, the business was inherited by his daughter, Ruth Buchan, who sold the company to her brother, James Lowe for $4,200, [ 9 ] that same year.
The Toro Company was established as the "Toro Motor Company" in 1914 to build tractor engines for The Bull Tractor Company. [4] It built steam engines to support war efforts during World War I, and changed its name to Toro Manufacturing Company in 1920 when it began to refocus on manufacturing farm equipment. [5]
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