Backhoe Loader Stocks List
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
SIXS | D | 6 Meridian Small Cap Equity ETF | 0.68 | |
DEEP | D | Roundhill Acquirers Deep Value ETF | 0.6 | |
XSVM | D | Invesco S&P SmallCap Value with Momentum ETF | 0.47 | |
AFSM | C | Active Factor Small Cap ETF | 0.34 | |
CALF | D | Pacer US Small Cap Cash Cows 100 ETF | 0.28 |
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- Backhoe Loader
A backhoe loader, also called a loader backhoe, digger in layman's terms, or colloquially shortened to backhoe within the industry, is a heavy equipment vehicle that consists of a tractor-like unit fitted with a loader-style shovel/bucket on the front and a backhoe on the back. Due to its (relatively) small size and versatility, backhoe loaders are very common in urban engineering and small construction projects (such as building a small house, fixing urban roads, etc.) as well as developing countries. This type of machine is similar to and derived from what is now known as a TLB (Tractor-Loader-Backhoe), which is to say, an agricultural tractor fitted with a front loader and rear backhoe attachment.
The true development of the backhoe actually began in 1947 by the inventors that started the Wain-Roy Corporation of Hubbardston, Massachusetts. In 1947 Wain-Roy Corporation developed and tested the first actual backhoes. In April 1948 Wain-Roy Corporation sold the very first all hydraulic backhoes, mounted to a Ford Model 8N tractor, to the Connecticut Light and Power Company for the sum of $705.
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