As we discussed in our first quarter call, new golf course irrigation projects have slowed overseas due to economic issues in Europe and China's ongoing review of development policies. However, continued renovation of existing courses is generating sales. Furthermore we are seeing increased golf purchases in Japan as the nation continues its recovery from the devastating earthquake and Tsunami that brought golf business to a halt in March of 2011.Our global position in golf remains very strong. We were pleased to host many international customers most notably from Asia at the previously mentioned National Golf Industries show. We also enjoyed an enthusiastic turnout of golf decision makers at the Beijing Golf Show.
Toro Company CEO Discusses F2Q12 Results - Earnings Call Transcript
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