72 percent of equipment companies deal with equipment theft

According to an article in the Journal of Commerce in Western Canada, over 72 percent of construction companies have had equipment stolen in the last five years.

Equipment theft can be a lucrative business due to the high demand for heavy equipment, the remote locations where heavy equipment operate, and the ease of accessibility to the controls of equipment.

While some stolen equipment is recovered, other equipment gets “chopped” like stolen cars: broken down into parts and sold on the black market or overseas.


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