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Takeuchi receives 2021 Lowest Cost of Ownership Award for compact excavators and track loaders

Takeuchi's TB2150 on the job site
The TB2150 compact excavator, one of Takeuchi's products awarded the EquipmentWatch 2021 Lowest Cost of Ownership award.

Takeuchi's compact excavators and compact track loaders have been recognized as having the lowest cost of ownership in their machine categories for 2021 by Equipment Watch, a database and information provider for the construction and heavy equipment industries. 

EquipmentWatch's Lowest Cost of Ownership (LCO) Awards leverage third-party, unbiased data to identify equipment that is projected to offer the lowest cost of ownership in the next five years.

2021 marks the fourth year of EquipmentWatch's Lowest Cost of Ownership awards. According to EquipmentWatch's methodology, cost of ownership is defined as the actual cost to own an asset per month, week, day and hour. Total cost of ownership looks beyond the initial acquisition price to consider the value and profitability of equipment over time.

Takeuchi's compact excavator product line includes 14 machines that span from the 2,535-pound TB210R to the 34,646-pound TB2150. The company's five compact track loaders range from the 1,841-pound TL6R up to the 4,107-pound TL12V2