Virtually all construction companies experience a loss of tools and machines every year. While some get stolen outright, others are simply misplaced.
Tool and equipment theft at construction sites is a serious problem, especially in cities and areas with a high amount of construction work and equipment.
The National Equipment Register’s (NER) theft report shows that in 2016, the states of Texas, North Carolina, Florida, California, and Georgia accounted for 45% of all construction equipment theft reported in the U.S. That means if you have construction contracts in any of these states, you must invest in security and effective tracking tools.