Editorial

Let's Wipe Out a $1 Billion-per-Year Business

John Trotti

My contractor-neighbor, Jorge, is a man of many moods, but I don't think I've ever seen him as stomping mad as when he showed up on my back porch after work last week.

"Some *&%*&# stole my brand-new compact loader!" he raged, spitting out each word to emphasize the depth of his anger. "It was up Highway 33 past the entrance to Matilija Dam. We're clearing a pad for Caltrans to park a trailer and some maintenance equipment on. It was inside a fenced area chained to a big white dump truck.

"I know the place is in the boonies, but it's easily visible from the highway. The thief had to have known exactly what to do and how to do it, getting in there and out without being seen."

Jorge went back and forth over the situation: the precautions he'd taken, the lack of security, the attractiveness of the compact loader, its utility and importance to him on this particular job, his confidence in the people working with him, the lack of enthusiasm on the part of the sheriff's department that the equipment would be recovered, the apparent run-around he was getting from the insurance company, his stupidity in leaving such a tempting target out there, the added costs of hauling equipment back and forth to the site each day.

"Why'd this happen to me?" he asked. As it turns out, Jorge might better have asked why this hadn't happened to him sooner. Earthmoving equipment theft is big business. The sheriff's deputy who investigated the incident might not have known the statistics on equipment theft, but since this was his second such response that day and his fourth in the week, he held no illusions as to the seriousness of the problem or the likelihood that "the perps will be apprehended." Even his question, "What color was it the last time you saw it?" conveyed this skepticism that it would ever turn up. "If we don't catch these guys in the first hour or so, there's little hope of finding them," was the best assurance he could give Jorge.

According to the National Insurance Crime Bureau, the construction industry incurs $1 billion in losses annually as a result of heavy-equipment and tool theft. Construction equipment theft is a lucrative and growing business for thieves throughout the country. Though wheeled and tracked equipment are favored, generators, air compressors, and other construction-site equipment are by no means safe.

It torques my jaws to think that Jorge is out a valuable piece of equipment and that even with insurance he'll lose the amount of the deductible–$5,000 in this case–but what bothers me more is facing up to a very unpleasant aspect of our industry. Unlike other kinds of theft where the principal beneficiaries are the thief and other low-life cretins, here the person who benefits the most is another contractor. And it's not only that you and Jorge have to bid against someone whose equipment costs are bogus, but when this person is finally caught, you and everyone else in the construction business gets a black eye.

I wish I knew what to say to Jorge, but I didn't have any good answers at the moment. But I will, as Grading & Excavation Contractor intends to take on the subject of equipment theft as a very personal challenge. Therefore, any thoughts and/or experiences you have are greatly appreciated. I can be reached at editor@forester.net, or drop by our booth (N-2401) at CONEXPO-CON/AGG in Las Vegas, NV, March 19-23.

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