Representatives with Expert Heavy Equipment today announced an initiative to expand into other segments of used equipment, such as wheel loaders, cranes and rock trucks.
“The reason for this is the increase in demand for mining equipment,” said Milissa Wise, Director of Operations for Expert Heavy Equipment, whose company’s priority is to provide the best used equipment at the absolute best pricing to ensure it maintains a high level of customer service and customer loyalty.
Wise went on to reference ReportLinker, a search engine offering an access to the largest online collection of Industry, company and country reports available, which indicates market growth in terms of sales of excavators, loaders and cranes is forecast to accelerate through 2015.
As economic growth picks up again after the slow 2008 to 2012 period, according to ReportLinker, demand for heavy equipment will rebound.
In addition, greater investment in urban development – including construction across industrial, commercial and residential sectors – will ensure demand for draglines and cranes.
Wise explained that demand for loaders will also grow as mining output rises.
“Growing profits in non-building construction and mining will boost demand for excavators,” Wise stressed, before adding, “Expert Heavy Equipment intends to be prepared for this demand by offering this specific type of equipment at wholesale prices.”
In fact, the largest share of new demand for construction equipment in the five-year period ending 2015 is expected to come from Asia-Pacific, according to Freedonia, a leading international business research company that publishes more than 100 industry research studies annually.
Construction machinery sales are expected to increase almost 7 percent a year through 2015, fuelled by a higher degree of mining output and construction spending gains.
China will represent almost 40 percent of new construction.
“We offer true wholesale pricing on all of our products,” Wise said. “We are one of the only companies that implement a policy of transparency by providing market data that validates fair market values on equipment and vehicles.”
