Stolen John Deere Leads Boomerang Tracking To The Recovery of Additional Stolen Equipment

Recovered value of over $210,000

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Boomerang Tracking Inc., Canada’s leader in stolen vehicle recovery, recently recovered a stolen 2007 John Deere 7220 which led local police authorities to the additional discovery of a stolen 2006 CASE MX 305 – a total recovery estimated at over $210,000 in value.

The Boomerang Tracking Team located the stolen John Deere inside a steel barn at approximately 90 km from where it had been initially reported stolen. Local law enforcement were immediately advised and arrived shortly thereafter with a search warrant for the premises.

CONSTRUCTION THEFT IS BIG BUSINESS

Boomerang Tracking recently commissioned a survey on equipment theft to demonstrate how pervasive and expensive the issue is for businesses in the construction industry.  “While most business owners might turn a blind eye and think that theft happens to ‘everyone else’, construction equipment theft is not rare”, commented Scott Nilson, General Manager of Boomerang Tracking. “Almost half of respondents – 46% â€� reported that they have experienced a theft on their job site. Even more concerning is that a third – 31% â€� have experienced theft more than once and that 63% of stolen equipment was never seen again.”

According to the survey, only eight percent of equipment owners have security alarms on all vehicles and a mere six percent have a silent tracking device hidden in the equipment.

“That’s the bad news. The good news is that there are things you can do to keep your equipment safe. For example, keeping better records of your equipment, stepping up on-site security and using theft protection devices can make your equipment much less vulnerable to thieves”, concluded Nilson.

FREE TOOLS TO LEARN MORE

To educate the population about heavy equipment theft and highlight the layered approach to equipment protection, Boomerang Tracking/LoJack has published the Keeping Track  – Construction Edition booklet, a guide to protect construction equipment from theft. An electronic version is available on the www.BoomerangTracking.com/knowledge. 

To date, the Boomerang Tracking devices have aided in the recovery of over 6,800 vehicles and other assets with an approximate value of over $339 million, including incidentals.

About Boomerang Tracking Inc.

Founded in 1995, Boomerang Tracking Inc. has quickly become a technological leader in tracking stolen property and offers a seamless solution to the ever-growing concern for the protection and recovery of stolen vehicles and other valuable assets in Canada. As a result of its success, the Company has received the endorsement of members of the insurance industry. The devices are available and installed through a network of authorized dealers in Quebec, Ontario and British Columbia. The Company’s head office, research and development center and manufacturing facilities are located in Montreal, Quebec, with regional facilities located in Mississauga, Ontario. In 2004, Boomerang became a wholly-owned subsidiary of LoJack Corporation (NASDAQ:LOJN), the company that invented the stolen vehicle recovery market two decades ago and who remains the undisputed global leader in tracking and recovering valuable mobile assets. Today, Boomerang Tracking markets both the LoJack and Boomerang brand tracking devices in Canada. LoJack is a registered trademark of LoJack Corporation and is used by Boomerang Tracking under license.

visit: www.boomerangtracking.com