EquipmentWatch Announces Finalists for 2018 Highest Retained Value Awards
EquipmentWatch, a global leader in data, software and insights for the heavy equipment industry, has announced the finalists for the third annual Highest Retained Value Awards. The awards recognize manufacturers in 30 equipment categories spanning the construction, agricultural and lift/access manufacturing sectors, for products that show the highest retained value during the last five years. New categories for 2018 include corn headers in the agricultural sector and tandem compactors in the construction field.
Winners will be announced in conjunction with World of Concrete, held in Las Vegas next week. Leading nominees include John Deere with 26, Caterpillar with 22, and Case (representing both the Case IH and Case Construction Equipment brands) with 20.
“Retained value is a critical measuring stick for equipment buyers, dealers and fleet managers throughout North America that speaks to each machine’s historic performance and value,” said Garrett Schemmel, vice president, EquipmentWatch. “The Highest Retained Value Award program has more weight now than ever after three years, as EquipmentWatch continues to grow and evolve so does the data set that drives these nominations.”
To view all the nominees online, and to review the methodology used in creating residual values, visit https://equipmentwatch.com/residual-value-awards.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.