Catalytic Converter Thefts Continue

Order Reprints

March 2, 2020—The Quad-Cities—made up of Davenport and Bettendorf, Iowa, and Rock Island, Moline and East Moline, Ill.—have been hit recently by many catalytic converters thieves, with the Quad-City Times saying they are being mined for its precious metals.

According to the report, soaring palladium prices are the inspiration behind the thefts, with a trio of Moline businesses hit recently. Catalytic converters contain palladium, with the price of the metal climbing more than 50 percent since mid-August. The report says palladium is now more expensive than gold, with the stolen converters being worth over $200 each.

Other businesses in the are have been targeted, with local business, AAA Rents, out almost $11,000 for catalytic converter replacements.

Check out the latest catalytic converter thefts and what shop owners should look out for.

Related Articles

Catalytic Converter Thefts Rise

Catalytic Converter Thefts Rising Throughout the Country

Connecticut Bill Aims to Reduce Catalytic Converter Thefts

You must login or register in order to post a comment.