Industry, Logistics & Shipping

Bobcat wins top equipment award for sixth year in a row

Bobcat Company, a leading designer, manufacturer and distributor of compact equipment, has won two EquipmentWatch 2021 Highest Retained Value (HRV) awards for its compact track loaders (model T770) and small skid-steer loaders (model S590). 
 
This is the sixth consecutive year that Bobcat has won an EquipmentWatch HRV Award.
 
Loaders Product Line Director Doosan Bobcat EMEA Jarry Fiser said: “We are honoured that our industry-leading equipment with its legacy of well over 60 years, is once again recognised for incredible durability, toughness and reliability, providing owners with value for money and uptime. 
 
"We are also delighted to win awards in two different categories - they are a testament to our commitment to customers, and recognition of the significant work hours and value owners receive from their Bobcat equipment. The Bobcat compact loader range continues to be the market leader - once you have owned a Bobcat machine, there is no reason to make a change," Fiser added.
 
The EquipmentWatch Awards are based on an extensive analysis of data records, which determines residual values calculated according to market depreciation standards. Award winners represent product class categories within equipment types projected to retain the highest percentage of original value after a five-year period. 
 
The awards cover 30 categories across construction, lift/access and agricultural equipment that capture the most popular types of equipment based on annual observed market activity.-TradeArabia News Service