Katy, TX – KOBELCO Construction Machinery is 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.