There are many factors that have contributed to the rise in the price of copper. The global market has experienced massive growth, with modernization efforts in the past few years causing the demand for copper overseas to skyrocket. Combine that with the weakened dollar and tightened belt of American consumers, and you can begin to see a clearer picture as to why copper has become such a hot commodity.
Copper thieves are especially dangerous because of the amount of damage they cause.
Many copper thefts are committed as a way to get quick cash, which often means the thieves will do whatever it takes to get even the tiniest scraps of copper. A vast majority of the destruction caused by copper thieves results not from the amount of copper they steal, but the damage they cause stealing it. Thieves are dismantling entire air conditioning units to steal $ 50 worth of copper coils, which can amount to thousands of dollars worth of damage. In some communities, thieves are even going so far as to steal the small copper bolts from fire hydrants rendering them unusable in case of an emergency.
So
what can you do to prevent and protect your business against the rising
crime of theft?
Here
are some tips that can help you protect your inventory: