EquipmentWatch Announces Winners of 2019 Awards – Highest

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2022
12
EquipmentWatch Announces Winners of 2019 Awards – Highest Retained Value and Lowest Cost of Ownership

ATLANTA, Feb. 04, 2019 (GLOBE NEWSWIRE) -- EquipmentWatch , the world leader in data, software and insights for the heavy equipment industry, has announced the winners of the 2019 Highest Retained Value Awards (HRVA) and the 2019 Lowest Cost of Ownership Awards (LCO). The announcement was made in Orlando alongside the first-day kickoff of AED Summit.

Manufacturers taking home numerous awards from multiple years for the same series include: Doosan DX300 (2x LCO for Excavators Crawler Medium), Bobcat S70 (2x LCO for Loaders Skid Steer Small), Case 580 (2x HRVA for Backhoes), Snorkel TB (2x HRVA for Boom Lift Telescopic), Case IH Axial-Flow 140 (2x HRVA for Combines), Deere 800 (2x HRVA for Excavators, Crawler Large), and Deere 8RT (2x HRVA for Track Tractors), and Caterpillar 720 (2x HRVA for Rear Dumps).

“The goal of the EquipmentWatch awards program is not only to help equipment buyers objectively understand the best performing machines,” says Garrett Schemmel, vice president, EquipmentWatch. “The program is also designed to recognize manufacturers for building these higher quality, durable, and cost-friendly machines that power our industry. We’re proud to announce our 2019 award winners – all of which represent world-class products.”

Lowest Cost of Ownership Awards: Outstanding OEMs in 2019’s Lowest Cost of Ownership Awards include Deere taking the lead with four total awards, Caterpillar with two awards, Komatsu with two awards, Volvo with two awards, and Bobcat with two awards.

LCO Award winners are determined by EquipmentWatch Costs analysts, who looked at the most popular equipment series observed on the resale channel over a 12-month period in 2018. Series without a model in current production in North America were removed. Only equipment series which consist of at least one model were considered.

Highest Retained Value Awards: Outstanding OEMs in 2019’s Highest Retained Value Awards include Caterpillar taking the lead with four total awards, Deere with three awards, Case with two awards, and Komatsu with two awards. 

HRVA winners are determined by EquipmentWatch Values analysts, who looked at the most popular equipment series observed on the resale channel in 2018. Series without a model in current production were removed. Only equipment series which consist of at least one model contained in the  EquipmentWatch Residual Values software were considered.

View all of 2019’s winning manufacturers and read the full methodology behind each award: 2019 Highest Retained Value Awards Winners & Methodology 2019 Lowest Cost of Ownership Awards Winners & Methodology

About EquipmentWatch EquipmentWatch is the trusted source for heavy equipment data and intelligence. EquipmentWatch produces the leading database information products for the construction equipment industry and is the world leader in heavy construction research and serves more than 15,000 professional, high-volume users of construction and lift-truck data. Our products are valuable tools in decisions surrounding the purchase, valuation, operation, and disposal of equipment.

For nearly 50 years, EquipmentWatch has served contractors, equipment manufacturers, dealers, rental companies, lenders and insurers, and government agencies involved in heavy civil construction.

About Informa Informa PLC is a leading, international business to business information services Group, operating in over 30 countries. We create transaction-led exhibitions and content-based events, specialist data, intelligence and marketing services products, as well as scholarly research and specialist reference-led academic content. Our products and services help businesses and professionals connect, learn, do business and gain an edge over the competition. Informa is listed on the London Stock Exchange and is a member of the FTSE 100.

Media Contact: Erin C. Kadzis Product Marketing Manager EquipmentWatch 770.618.0123 erin.kadzis@equimentwatch.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Mather Promotes Connection with Free Gardening Kits

Updated Category News Views 7

Winter Loneliness No Match for Mather’s Green Thumb Initiative Here's something heartfelt coming out of the Windy City: gardening kits. This ain't your standard Wall Street babble—it's about a nonprofit called Mather trying to shed some light on the colder months by giving seniors in Illinois a damn good reason to be joyfully busy. No boilersuit and tie needed, just a...

Continue Reading
American Water's NARUC 2026 Role: Insight and Influence

Updated Category News Views 74

American Water Steers the Utility Ship at NARUC Ah, a classic move by American Water—rolling up to the 2026 NARUC Annual Meeting & Education Conference with guns blazing. They picked San Juan, Puerto Rico, as their battleground from November 8-11. Now, I know what you're thinking: a bit of sun, a bit of talk, but don’t let the sweet location fool you. It’s a...

Continue Reading
Bankers Brace for Rising Costs, Falling Loan Demand

Updated Category News Views 122

Tough Roads Ahead for Bankers? Picture this: bankers everywhere are gripping their coffee mugs a little tighter these days. Why? They’re staring down the barrel of rising funding costs, and loan demand looking about as flat as a pancake. IntraFi, a fintech handshake where finance folks swap tales, did a bit of number-crunching, and it's not paintin' a pretty picture....

Continue Reading
Budget Airlines' Woes Reveal Travel Insurance Pitfalls

Updated Category News Views 21

A Turbulent Ride for Travelers Man, it seems like the skies aren't so friendly nowadays, especially if you've got your hard-earned dollars wrapped up in a flight with a budget airline like Spirit or JetBlue. Here's the latest scoop: JetBlue's finances are under the microscope, and if you're planning to fly with them, you better become a travel insurance expert pronto. The...

Continue Reading
Curaleaf Secures Key Approvals in Aurora Acquisition Bid

Updated Category News Views 45

Curaleaf Gets a Green Light for Acquisition Talk about maneuvering a minefield, eh? Curaleaf Holdings just stamped out the last of its paperwork in the cutthroat cannabis industry to acquire Aurora Cannabis. We're looking at the final sign-offs from not one, but two major players: Germany and Canada's competition authorities. That's no small feat when you're trying to...

Continue Reading
Membrane's USDM1 Integration: A Game-Changer?

Updated Category News Views 57

Fresh Bonds Meet Digital Rails In the ever-changing landscape of institutional finance, innovation comes wrapped in unexpected packages, and this time it's got a digital bow on it. Membrane Labs and M1X Global recently announced the integration of USDM1, a snazzy USD-denominated sovereign bond, right into Membrane's established institutional credit and lending...

Continue Reading
Small-Town Firm Rises to CNBC's Top 100 Advisors

Updated Category News Views 96

Defying Odds from a Small Town Let's talk about McKinley Carter Wealth Services snagging a spot on CNBC's 2026 Financial Advisor 100. Being the lone ranger from West Virginia in a sea of over 41,000 advisory firms ain't no small potatoes. That's right, this Wheeling-based firm landed at No. 98, solidifying its place amongst the top independent financial advisors in the...

Continue Reading
Millrose Properties Faces Class Action Deadline Amid Turmoil

Updated Category News Views 39

Millrose Properties: Legal Storm Brewing If you've got stock in Millrose Properties, Inc. (NYSE:MRP), you might want to listen up. There's a class action lawsuit in the works that could have quite the impact. Investors have until December 8, 2026, to throw their hat in the ring and maybe even lead the charge on this lawsuit. The Allegations Up Close Let's break down what...

Continue Reading
Greenberg Traurig Secures Top Honors at LBA Awards

Updated Category News Views 133

A Celebration of Achievements in South Florida Nothing signifies success like a room full of applause and a shiny award, especially when it comes from a community as influential as South Florida's construction scene. This past October, Greenberg Traurig, a heavy hitter in the legal sphere, clinched its title as the Law Firm of the Year from the Latin Builders Association...

Continue Reading
Creative Solutions Joins FICO Marketplace, Boosts AI Edge

Updated Category News Views 31

Creative Solutions and FICO Unite Well, we're diving into some strategic magic today. Creative Solutions International, not just your average marketing agency, has just hopped onto the FICO Marketplace platform. The word on the street is they're shaking things up with their Collections Marketing Platform. It's like giving your old financial letters a whole AI-driven paint...

Continue Reading

Top 5 Most Recently Viewed Articles

Rosenblatt Adjusts Monolithic Power Rating Amid Market Changes

Updated Category News Views 124

Rosenblatt Securities Downgrades Monolithic Power Systems Recently, Rosenblatt Securities made a significant adjustment in its outlook for Monolithic Power Systems (NASDAQ: MPWR), changing its rating from Buy to Neutral while keeping the price target at $880. This decision stems from an in-depth analysis following Monolithic's latest earnings report, which indicated a...

Continue Reading
Exciting Grand Opening Celebration for First Service Credit Union

Updated Category News Views 126

New Branch Opening Announcement First Service Credit Union (FSCU) is excited to reveal the launch of its latest branch, dedicated to serving the community with exceptional financial services. Nestled conveniently along a major highway, this new location is poised to cater to the needs of its members and the broader community. Celebration Details The community is warmly...

Continue Reading
Stellantis to Showcase Groundbreaking Electric Vehicles in Paris

Updated Category News Views 104

Stellantis Prepares for a Major Showcase at the Paris Motor Show Stellantis is getting ready to make a notable impression at the 90th edition of the Mondial de l'Auto, better known as the Paris Motor Show. Scheduled to run from October 14 to 20, 2024, this event will see Stellantis unveil a collection of world premieres that are sure to delight automotive enthusiasts and...

Continue Reading
Omnicom Achieves Top Position in Global Marketing Effectiveness

Updated Category News Views 298

Omnicom's Recognition as Most Effective Holding Group Omnicom (NYSE: OMC) has achieved a prestigious accolade, being named the Most Effective Holding Group in the 2024 Effie Index, a respected global ranking that emphasizes marketing effectiveness. This recognition marks a notable achievement for Omnicom, occurring for the second consecutive year and the third time within...

Continue Reading
The AA Partners with boost.ai to Revolutionize Driver Support

Updated Category News Views 154

Transforming Roadside Assistance with AI Technology In an innovative move to enhance driver support across the UK, The AA has partnered with boost.ai, a leader in AI-powered customer experience solutions. This collaboration aims to deliver a state-of-the-art AI agent that promises to significantly improve response times and customer interaction across various channels. A...

Continue Reading