One of the biggest copper thefts ever hits the ValleyFargo, ND (WDAY TV) -- Fargo police are investigating one of the largest copper thefts to ever hit the Valley.
By: Kay Cooley, WDAY
Fargo, ND (WDAY TV) -- Fargo police are investigating one of the largest copper thefts to ever hit the Valley.
The break in was the fourth large scale copper burglary since January, and businesses say it's likely more will follow.
The break in marks what police believe to be Fargo's highest valued copper related crime in several years. 26-thousand pounds of material now gone, worth roughly 112-thousand dollars.
Deputy Chief Pat Claus - Fargo Police: "When you break the six figure digit, certainly a significant loss of property."
Northern Metal Recycling in West Fargo buys and sells metals like copper...
Employees there say another copper theft is not surprising. But one this size is.
Richard Blakeman - Northern Metal Recycling Site Manager: "I wonder how they get the equipment to take that much at one time, but you know, thieves are thieves, and whenever they get an opportunity, I supposed they're going to take it."
No word yet from police as to how they got in, or away. But authorities say it's the business, and surround communities, that will pay.
Claus: "The cost, that loss, has to get recouped someway, through insurance companies and businesses that do business with the victim."
Part of the reason for the recent rash has to do with copper costs.
Richard Blakeman: "historically, it has kind of been up, up, up."
And after a little cleaning or stripping, the price places like Northern Metal pay get even higher.
Ricahrd Blakeman: "it's an easy commodity to get rid of, and they can do a number of things with it, to increase the value."
So as the value keeps rising, police believe the groups temped into theft will jump as well.
Pat Claus: "Unfortunately when we're able to disassemble one of those organizations, either one takes their place that already exists, or that vacuum is filled by others trying to make an illicit quick and cheap buck."
Police are still investigating, and believe most of the metal will cross state lines. Dakota Supply Group's Grand Forks location also lost 110-thousand dollars worth of metal to thieves last month.