Snorkel TB Series Again Wins 2020 Highest Retained Value Award

2020 Highest Retained Value Award

The Snorkel TB-Series of 80 ft. and 86 ft. telescopic boom lifts have achieved the 2020 EquipmentWatch Highest Retained Value Award winner for the third consecutive year. The annual awards are based on the comprehensive EquipmentWatch market activity database covering 50 categories of construction, access and agricultural equipment.

Of receiving the award for the third time, Matthew Elvin, Snorkel CEO, said, “We are honored to receive this highly regarded EquipmentWatch award for three consecutive years. This supports our focus on designing simple, reliable and robust products that deliver low total ownership costs and ultimately are a great return on investment.” 

Powered by EquipmentWatch, an industry-leading database, the Snorkel TB80 and TB86J telescopic boom lifts were deemed to have the highest retained value within the telescopic boom lift category over a 12-month period in 2018 and 2019.

With 1.41% of the market share and an average age in the market of 13.47 years, these models are projected to retain the highest percentage of its original value after a five-year period.

Designed to be reliable and robust, the Snorkel TB80 and TB86J telescopic boom lifts are built in the USA at Snorkel’s manufacturing facility in Elwood, Kansas. With a focus on simplicity, the diesel-powered rough terrain Snorkel TB80 and TB86J models are proven to deliver a long working life and a low total cost of ownership.

About EquipmentWatch Awards
The EquipmentWatch Awards are based on the comprehensive EquipmentWatch market activity database covering 50 categories of construction, access and agricultural equipment.