There probably isn’t a contractor in this country that at some point hasn’t been a victim of jobsite theft. In 2014, there were 11,625 heavy-equipment thefts reported to law enforcement, up 1.2% from 2013, according to the latest data from the National Insurance Crime Bureau in a report coproduced by the National Crime Information Center.
Total construction equipment theft now stands at around $1 billion annually. And only 23% of the heavy equipment stolen last year was recovered, the NICB report stated.
A survey conducted last year by Cygnus Business Media Research on behalf of LoJack, which makes theft-detection and –prevention devices, found that 83% of construction equipment owners polled had experienced equipment theft.
Courtney DeMilio, LoJack’s National Vice President of Commercial and Fleet, points out that theft can have a greater, negative impact on a business. “Loss in job productivity, the inability to complete a job, a diminished professional reputation—all while the owner is spending a substantial amount of time and money to replace the equipment,” she says.
The Canton, Mass.-based LoJack recently released its annual “Construction Equipment Theft and Recovery in the United States” report, based on its tracking, from January through December 2014, of theft reports in 28 states where equipment theft was reported and where construction equipment outfitted with a LoJack device led police to recover the stolen assets.
Graphics courtesy LoJack
From that sample, the report identifies backhoe loaders, skip loaders and wheel loaders as the most popular equipment targeted by thieves. “There is little visual differentiation from one backhoe to another, and they all share a common key,” the report explains. “Therefore, they are prime targets for thieves based on the ease of theft and how hard they are to track once one is stolen.”
Skid steers, generators/air compressors/welders and portable light towers; and excavators are also most susceptible to robbery.
The report notes that thieves typically go after newer and brand-name equipment. In 2014, 54% of the tracked equipment stolen was less than five years old. And 65% of the thefts were of products made by top manufacturers such as Bobcat (24% of the equipment stolen), John Deere (20%), Caterpiller and Case (tied at 8% each), Takeuchi (6%) and Magnum (5%).
The report gives several reasons why construction equipment and tools continue to be vulnerable to thieves. For one thing, titling and registration of equipment aren’t mandated, so it’s often hard to report theft and harder for law enforcement to track what’s stolen. There’s also no standardized identification numbers on this stuff, like the Vehicle Identification Numbers on cars and trucks.
In addition, jobsite security is not always as tight as it could be, and the sites themselves can be remote. And because equipment and tools are constantly being transferred between sites, owners can be lax in their inventory accounting.
“The thief isn’t always somebody unrelated to the job, as often he or she can be a member of the company that owns the equipment,” DeMilio tells BD+C. But inside jobs aside, the industry has a “natural exposure” to theft because jobsites are on predictable schedules, leaving opportunities open for thieves will often scope out sites looking for weak spots.
Not surprisingly, theft is more prevalent in states where there’s more construction activity, with California and Texas having the highest occurrences. But unlike cars, which when stolen often end up in other states, 95% of the stolen construction equipment and tools that are recovered are found in the same state they were stolen in.
DeMilio says contractors and owners need to keep their equipment off the street in secured areas patrolled by guards. They should also be in close contact with police “so they are aware of the area and can be monitoring during off hours.” She recommends that owners adopt technology that includes cameras, electronic access pads, GPS geo-fencing, and covert RF recover devices.
LoJack, naturally, pitches the efficacy of installing detection and telematic devices on construction equipment so that owners are alerted to unauthorized use during off hours, and police have a better shot at retrieving stolen goods. It points out that 56% of stolen equipment with a LoJack system was recovered within 24 hours after being reported, and 5% was recovered within an hour.
Related Stories
Multifamily Housing | Apr 5, 2022
New Covenant House New York contains multiple services for youth in crisis
The new Covenant House New York, a crisis shelter for homeless youth in the Hell’s Kitchen neighborhood, provides a temporary home and multiple services for young people.
Sponsored | BD+C University Course | Apr 1, 2022
Video surveillance systems for multifamily housing projects
This introductory course provides detailed technical information and advice from security expert Michael Silva, CPP, on designing a video surveillance system for multifamily housing communities – apartments, condominiums, townhouses, or senior living communities. Technical advice on choosing the right type of cameras and optimizing the exterior lighting for their use is offered.
K-12 Schools | Apr 1, 2022
Charleston County’s award-winning career and technical education high school
BD+C Executive Editor Rob Cassidy talks with the team behind the award-winning Cooper River Center for Advanced Studies, a Career|Technical Education high school in Charleston County, S.C.
Modular Building | Mar 31, 2022
Rick Murdock’s dream multifamily housing factory
Modular housing leader Rick Murdock had a vision: Why not use robotic systems to automate the production of affordable modular housing? Now that vision is a reality.
Multifamily Housing | Mar 29, 2022
Here’s why the U.S. needs more ‘TOD’ housing
Transit-oriented developments help address the housing affordability issue that many cities and suburbs are facing.
Contractors | Mar 28, 2022
Amid supply chain woes, building teams employ extreme procurement measures
Project teams are looking to eliminate much of the guesswork around product availability and price inflation by employing early bulk-purchasing measures for entire building projects.
Reconstruction & Renovation | Mar 28, 2022
Is your firm a reconstruction sector giant?
Is your firm active in the U.S. building reconstruction, renovation, historic preservation, and adaptive reuse markets? We invite you to participate in BD+C's inaugural Reconstruction Market Research Report.
Legislation | Mar 28, 2022
LEED Platinum office tower faces millions in fines due to New York’s Local Law 97
One Bryant Park, also known as the Bank of America Tower, in Manhattan faces an estimated $2.4 million in annual fines when New York City’s York’s Local Law 97 goes into effect.
Healthcare Facilities | Mar 25, 2022
Health group converts bank building to drive-thru clinic
Edward-Elmhurst Health and JTS Architects had to get creative when turning an American Chartered Bank into a drive-thru clinic for outpatient testing and vaccinations.
Higher Education | Mar 24, 2022
Higher education sector sees 19 percent reduction in facilities investments
Colleges and universities face a growing backlog of capital needs and funding shortfalls, according to Gordian’s 2022 State of Facilities in Higher Education report.