Power tool manufacturer offers statistics on jobsite security and theft.

TOWSON, Md. - Jobsite security and the resulting loss of productivity was identified as the No. 1 concern among contractors and other construction professionals, according to power tool manufacturer Dewalt.

The manufacturer interviewed more than 200 workers on jobsites across the country and worked with an independent research company, which polled more than 1,500 industry members. Dewalt found that 97 percent of construction professionals are concerned about jobsite security and theft; while 60 percent said it was a top concern. More than 50 percent questioned said they had equipment stolen in the past 12 months.

According to the company, the findings are supported by existing industry research and expose an estimated $1 billion in annual losses stemming from the lack of jobsite security. The company also reports that few jobsites are protected by security systems. Those that have protection usually use residential systems, which are not designed to meet specific jobsite needs and often fall short in protecting key assets such as jobsite office trailers, material goods, tools and heavy equipment or machinery.

The National Association of Home Builders recently reported that residential jobsite losses account for an annual 1 percent to 2 percent increase in the cost of building a new home.