By Lindsey Anderson w/Access, Lift and Handlers
22 June 2021
Genie has been presented with EquipmentWatch Highest Retained Value Awards for its articulating and telescopic booms, and IC scissor lifts, along with a Lowest Cost of Ownership Award for its articulating booms.
EquipmentWatch is a provider of data, software and insights for the heavy equipment industry, and leverages third-party, unbiased data to identify equipment that is projected to best hold its value and/or offer the lowest cost of ownership in the next five years.
“The Genie team continues its 50+ year focus on delivering quality in everything we do — quality equipment, quality parts and accessories and quality support,” said Simon Meester, Genie COO. “The awards from EquipmentWatch for Genie boom and scissor lifts is a nice confirmation that we don’t just say things because they sound nice, but because that’s what we truly stand for. Our customers are and will always be the center of our universe, and we live by that by producing equipment that is durable, reliable, retains its value over time and provides the best possible cost of ownership.”
Winners in the EquipmentWatch Highest Retained Value category represent the model within its respective equipment type projected to retain the highest percentage of its original value after a five-year period, based on the comprehensive EquipmentWatch market activity database.
Genie won for its:
- S telescopic boom lifts include the Genie J series family of booms lifts introduced last year, as well as the heavy-lifting XC boom lifts;
- Genie Z articulating boom lifts, which include Genie FE fuel-electric hybrid booms, as well as all-electric booms lifts; and
- Genie scissor lifts, including its all-new brushless, maintenance-free AC electric drive slab scissor lifts.
- Genie articulating boom lifts also won the Lowest Cost of Ownership Award. Winners in this category represents the model within its respective equipment type with the lowest five-year total cost of ownership, identified using proprietary EquipmentWatch Ownership Cost data.