Penton’s EquipmentWatch Launches 2015 Tier 4 Benchmark Report
ATLANTA, April 2, 2015 /PRNewswire/ — Penton’s EquipmentWatch, the world’s leader in heavy equipment data, intelligence and insights, has announced the launch of the Tier 4 Benchmark Report. Created in partnership with the Association of Equipment Management Professionals (AEMP), the first-of-its-kind report analyzes responses from over 300 major equipment and rental companies to measure the true impact of the Tier 4 Final transition on the heavy equipment industry.
“With phase-in now in its final year, we’ve been hearing from the industry that the true adoption and impact of Tier 4 is unclear,” explained Garrett Schemmel, Managing Director for EquipmentWatch. “Through our survey, we have identified key trends around the rate of Tier 4 adoption within fleets, the rate of expected future investments, rental rate increases, and total cost of ownership, and changing costs of financing and insuring Tier 4 equipment.”
EquipmentWatch and AEMP have made this report available for free download at www.Tier4Report.com and http://www.equipmentintel.com/2015-tier-4-benchmark-report/.
For additional information on EquipmentWatch and its products go to https://equipmentwatch.com.
EquipmentWatch is the trusted source for heavy equipment data. EquipmentWatch produces the leading database information products for the construction equipment industry and is the world leader in heavy construction research and serves more than 15,000 professional, high-volume users of construction and lift-truck data. Our online and print products are valuable tools in decisions surrounding the purchase, valuation, operation, and disposal of equipment.
For nearly 50 years, EquipmentWatch has served contractors, equipment manufacturers, dealers, lenders and insurers, and government agencies involved in large infrastructure construction.
Penton drives performance for more than sixteen million professionals each and every day. They rely on us to deliver: Insights, information & workflow tools to inform critical business decisions; networking & community to engage them with industry peers & partners; and data & marketing services to advance their business performance & deliver ROI.
Penton is a growth company with a track-record of strong performance and success and is backed by its co-owners: MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP.
For additional information on the company and its businesses, visit www.penton.com.