Preventing Catalytic Converter Theft

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October 16th, 2012

Catalytic converters can be stolen in less than a minute. The current prices for precious metals are fueling this demand and converters contain precious metals. Rhodium sells for roughly $9,500 an ounce, while platinum pays at about $2,000. If sold for scrap, stolen catalytic converters go for around $100 to $150. What Thieves Look For» Read Full Article

Metal Thefts Continue to Hit Businesses Hard

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August 9th, 2012

Corporate Report Wisconsin published an article indicating an epidemic rise in metal theft. According to the National Insurance Crime Bureau, nationwide insurance claims for metal theft increased 81% over the last two years. The article Precious Metal, is a real eye-opener for any manufacturer or business that handles metal. The statistics are staggering. The very last paragraph shares» Read Full Article