Companies are getting ahead of Vehicle and Tool Theft, and Maintenance Concerns

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Construction theft has been a significant industry issue for years. However, with the recent COVID-19 pandemic, opportunistic thieves have been burglarizing construction sites at an even more astonishing rate. The National Equipment Register and National Insurance Crime Bureau estimate losses to construction companies are somewhere between $300 million and $1 billion annually. Those figures don’t even account for the steep cost of stolen tools or building materials, which can add another billion dollars worth of losses on their own.