Toro to Form Joint Financing

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The Toro Company (NYSE: TTC) today announced the creation of a new joint venture with TCF Inventory Finance, Inc. (TCFIF), an indirect subsidiary of TCF Financial Corporation (NYSE: TCB). Under the name Red Iron Acceptance, LLC, the new commercial finance entity will provide U.S. distributors and dealers and select Canadian distributors of the Toro and Exmark brands with a reliable, cost-effective source of floor plan and open account financing. In conjunction with the joint venture TCFIF?EUR??,,????'?????<