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Toro chairman and CEO Richard Olson said Charles Machine Works will strengthen Toro's portfolio that includes turf maintenance, snow and ice management, landscaping and construction equipment.

Minnesota-based Toro to buy Oklahoma-based Ditch Witch maker →

So had the same quake hit in 1985 instead of 2010, total deaths would have probably been in the 80,000 range, said Richard Olson, director of disaster risk reduction at Florida International University.

2010's world gone wild: Quakes, floods, blizzards →