Multiquip Equipment Riskier for Equipment Thieves |
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Multiquip Inc.
18910 Wilmington Ave.
Carson, CA, 90746
USA
Press release date: March 26, 2007
Carson, CA. March 26: Multiquip Inc. announced today that it will register equipment that it sells with the National Equipment Register (NER) to help its customers combat equipment theft. NER is a database company dedicated to helping equipment owners deter theft and recover stolen equipment. The partnership strictly limits NER's use of this information to helping a police officer identify the true owner of a machine 24 hours a day.
Roger Euliss, president of Multiquip, explained that he has been following NER's progress over the last few years and has been impressed. "Before taking this step we consulted with our customers and the associations that represent them. I received nothing but strong encouragement to move forward with this initiative and I would strongly encourage other manufacturers to follow suit. Equipment thieves have held the upper hand for too long and we, as manufacturers, now have an opportunity to take back the initiative from the thieves before the problem grows to a level where regulation and registration is forced upon our customers".
David Shillingford, president of NER, explained that "NER has helped recover over $13 million of stolen equipment by providing law enforcement with the information that they need to quickly identify a machine and its owner at any time of night or day. Although NER has millions of records already, this partnership guarantees identification for any Multiquip machine and it is natural that police will be encouraged to look at more Multiquip machines due to the greater likelihood of success. Multiquip machines have just become a much worse risk for equipment thieves".
Chris Wehrman, CEO of the American Rental Association, applauded this move by Multiquip, noting that ARA has worked with NER to bring NER's services to an industry heavily impacted by equipment theft. "ARA has partnered with NER for the past three years to lessen equipment theft for our members by offering a member benefit to register 1,000 pieces of equipment with NER. We have found, however, that the few minutes to register equipment with NER is still a barrier for some members. It is, therefore, a huge benefit to the rental industry that Multiquip is leading the industry in taking this important step. This leadership by a manufacturer will assist rental businesses with all size fleets that are registered with NER."
About Multiquip
Multiquip Inc. is a leading supplier of compaction equipment, concrete and masonry cutting, placing and finishing products, power generation equipment, dewatering pumps, lighting solutions and other construction equipment. World headquarters are located at 18910 Wilmington Avenue, Carson, California 90746.
About NER Because equipment theft is widespread and costly for equipment owners and their insurers the National Equipment Register is committed to providing services that will make it straightforward for police to quickly identify any type of equipment at any time of day and to help anyone buying used equipment to avoid purchasing stolen equipment. This increases the likelihood of recovery and arrest, decreases thieves' motivation to steal and helps equipment owners and insurers reduce the costs associated with theft.
It is through partnerships with law enforcement, manufacturers, other security service providers, equipment owners and their insurers that this is achieved.
More information about NER is at www.NERusa.com and www.StopEquipmentTheft.com Contact: Glen Sider, (212) 297 1805, gsider@NERusa.com
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