$250,000 worth of equipment missing from Saskatoon excavation company lot
Global News
Kevin Boychuk, co-owner of K3 Excavating said the company's first piece of equipment to go missing on June 23 was a CAT loader, including the bucket and a set of forks.
A Saskatoon excavation company has lost nearly $250,000 worth of equipment within the last month due to theft straight from the company lot.
Kevin Boychuk, co-owner of K3 Excavating said the company’s first piece of equipment to go missing on June 23 was a CAT loader, including the bucket and a set of forks.
“Our fence came down and the new owners were erecting a new fence,” Boychuk explained. “All of the equipment that did go missing went missing while that new fence was being put up. It’s interesting how (the suspects) decided to approach the scenario.”
A tractor unit was later taken from the same lot on July 3.
“Because of the shortage of trucks and the used market right now with low kilometres I’ve had estimates from $100,000 to $140,000,” Boychuk said. “The loader itself is similar with the low hours it had, with the extra attachment was an easy $100,000 departure from the company.”
Boychuk said that repurchasing new models of the machines would cost over $500,000.
He also added that he thinks the suspect is someone familiar with the industry.
“It takes a certain, special type of individual that has a certain skill set that can run that loader, load those forks, can drive that 18-speed tractor, that’s a special typed of trained person.”
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