LoJack's seventh annual Construction Equipment Theft Study in 26 states suggests that theft rings continue to drive construction-equipment theft. Law enforcement discovered eight theft rings and chop shops by tracking and recovering stolen machines equipped with LoJack. Through these discoveries, police also recovered more than $2.5 million in stolen assets that had no LoJack devices.
The types of equipment most frequently stolen are (in order):
- Skid steers
- Backhoe loaders/skip loaders/wheel loaders/track loaders
- Generators/air compressors/welders
- Light utility/work trucks and trailers
- Forklifts/scissor lifts
- Dump trucks
- Light towers
- Mini excavators
These equipment types represented more than 80 percent of all construction-equipment recoveries documented by LoJack in 2007. More than 74 percent of the equipment stolen and recovered was five years old or less.
States with the highest theft rates include:
- Georgia and Nevada
- Maryland and New Jersey
- North Carolina
- New York and Pennsylvania
- Colorado and Louisiana
To improve the chances of recovering stolen equipment, LoJack recommends marking machines in multiple locations with unique identifying numbers, including product identification numbers (PIN) and owner-applied numbers. Keep an accurate inventory, recording the manufacturer, model number, year, purchase date and PIN for each piece of equipment andserial numbers of each major component. Consider registering machines with a national database.