ACAT Global will increase the availability of its advanced metallic substrate catalytic converters for installation shops nationwide to provide relief for vehicle owners who suffered the theft of a catalytic converter during the recent surge, the company announced.
According to the National Insurance Crime Bureau, claims for stolen catalytic converters have surged 325 percent from 2019 to 2020. ACAT Global’s metallic substrate catalytic converters are Federal compliant, and its technology also meets California emissions compliance, the company said.
“Catalytic converter thefts have skyrocketed worldwide, which has led to environmental damage as well as an increased financial burden on consumers for replacement catalytic converters,” said Joe Moch, CEO of ACAT Global. “Foreign supply chain issues and daunting OEM costs are making it difficult for consumers to install replacement units. Our ‘made in USA’ catalytic converters can help rectify that grim situation.”
The surge in catalytic converter thefts and challenges with high replacement costs has led some states to address the problem through legislation, according to ACAT Global.
“In Louisiana, Governor Edwards signed a bill that would make catalytic converter theft punishable by up to ten years in prison,” said Moch. “We applaud policymakers who are seeking meaningful ways to deter theft. But we also recognize that it’s still disheartening to replace a stolen catalytic converter in a market where product availability and raw material costs are on the rise. That’s why we’ve ramped up production for vehicle owners whose catalytic converters have been stolen within the last 12 months.”
