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What You Should Know About Theft of Construction Equipment

People often think that it’s basically impossible for construction equipment to be stolen, since it would be pretty noticeable if someone started driving a crane down the street. But, many construction equipment thefts are easy to conduct for quite a few different reasons. It’s actually really easy to get away with, and has become commonplace in countries such as the US, Canada, Japan and Europe. People should, therefore, be made aware of such thefts going on in their areas.

Because construction equipment doesn’t come with doors or locks, they are easy for burglars to break into. Thieves feel that hi-jacking construction vehicles is a piece of cake compared to most other types of vehicles. And people won’t be able to tell if the equipment being driven is being operated by a thief or construction worker. Most people wouldn’t recognize a piece of construction equipment if it was camouflaged somehow.

Thieves find it beneficial to steal this kind of equipment because it can command a high price on the black market. Forklifts alone can fetch a price of $12,000 to $50,000, and thieves could sell a generator for $150,00 a pop. Because constructions sites often have lots of these kinds of equipment, it’s easy money for clever thieves. Criminals are very fond of stealing construction vehicles for these reasons, not to mention the fact that most construction sites are unsecured and the vehicles are left out in the open with no protection.

The problem has become too severe to be ignored any longer. According to statisticians in Japan, roughly 450 pieces of construction equipment was stolen in 2008 alone. While in the united states, the National Insurance Crime Bureau found that nearly a billion dollars in construction equipment is stolen and sold each year on the black market.

To date, numerous government agencies and manufacturers of construction equipment have tried their best to prevent this theft from continuing. In the UK, construction equipment registration systems make it easier for the police and the companies who own the equipment to recover their stolen goods.

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