How to secure construction equipment with Masterlock

The National Equipment Register (NER) estimates that construction equipment theft in the U.S. amounts to over $1 billion annually. However, using high-quality locks and security systems can reduce the likelihood of theft by up to 80%. Accordingly, it’s estimated that construction companies allocate 5-10% of their project budgets to security measures, which includes locks, fencing, surveillance, and other anti-theft measures. The lock types highest in demand are: - Padlocks remain one of the most commonly used security solutions on construction sites; particularly high-security padlocks, essential for securing machinery, trailers, and tool storage units. - Electronic and smart locks have been increasing in popularity due to their ability to provide more control over access. Construction companies are increasingly opting for digital lock solutions for gates, trailers, and equipment storage to enhance security and ensure only authorized personnel can access these areas. - Lock boxes and tool storage security has been rising in demand with the high cost of construction tools and equipment. Masterlock is committed to protecting businesses and commercial spaces with a wide range of offerings including padlocks, locks, and electronic locks with all-weather protection and Bluetooth technology.