KOBELCO wins EquipmentWatch Award for Lowest Cost of Ownership

KOBELCO Construction Machinery has been recognized as the winner of the 2021 Lowest Cost of Ownership Award for Medium Crawler Excavators by EquipmentWatch.

“KOBELCO’s commitment to quality and innovation increases jobsite productivity and efficiency so that our customers can be more profitable,” said Dan Collins, Product Marketing Manager at KOBELCO USA. “Receiving the Lowest Cost of Ownership Award is a great honor, and further reinforces our dedication to building excavators that are leaders in the industry.”

The EquipmentWatch Lowest Cost of Ownership award program leverages third-party, unbiased, data to identify equipment that is projected to offer the lowest cost of ownership in the next five years.

The total cost of ownership looks beyond the initial acquisition price to consider the value and profitability of the equipment over its entire life cycle. The ranking methodology for this award considers many factors over a machine’s life cycle, including anticipated equipment costs as well as operational costs like maintenance, fuel expenses, and repairs.

KOBELCO excavators come standard with a variety of features that add value and lower the total cost of ownership for the customer. Exclusive benefits include a heavy-duty boom, arm, and undercarriage for superior durability, advanced telematics, and best-in-class fuel consumption. With high-quality construction and low-cost maintenance, KOBELCO excavators are as cost-effective as they are dependable.

“The EquipmentWatch analysts are excited to mark the fourth year of the Lowest Cost of Ownership awards,” said Jessica Carr, Director of Data and Analytics at EquipmentWatch. “The team continues to react to market dynamics, fine-tune the analysis, and expand our database.”