DALLAS, March 27, 2017 /PRNewswire/ -- Copart, Inc.
(NASDAQ: CPRT) is excited to celebrate its 35th anniversary this
year. What started as one salvage vehicle auction in Vallejo, Calif., has now become one of the
world's largest and most innovative auto remarketers and online
vehicle auction companies.
Since its founding in 1982, Copart has revolutionized the online
car auction industry through its technological advancements. It was
the first in the industry to launch a completely online auction
model, the first to add vehicle photos to its website, and the
first to develop an Apple iPad-optimized app.
In 1994, Copart gained national recognition and attention when
it went public. In his autobiography, "Junk to Gold," Copart
founder Willis Johnson recounts this
momentous occasion. "All of a sudden, we weren't just a mom-and-pop
shop anymore," wrote Willis. "The whole world had changed, at least
in how people saw us. Now all we had to do was keep growing, which
was the easy part for me."
Copart continues to grow year after year. In 2003, Copart
expanded to 100 locations, including its first international
location in Canada. This year,
2017, the company's milestone anniversary coincides with the
opening of its Wilmington, Calif., location, which is the 200th
worldwide across 11 countries and four continents.
"What we've achieved over the past three decades is truly
remarkable," said Jay Adair, CEO of
Copart. "Thirty-five years ago, Willis
Johnson dreamed of going big, but I'm not sure he realized
just how big we'd go. I'm proud of the hard work that's gotten
Copart here, and I'm excited to see what the next 35 years have in
store for us."
Copart's operational growth and its success in connecting
vehicle buyers and sellers has earned it many accolades, including
being named to Forbes America's Best
Small Companies List and Deloitte's "The Exceptional 100" List of
Top Performing US Companies. In addition, Copart has won the
Confirmit ACE (Achievement in Customer Excellence) Award and has
been featured on the television show "World's Best" as the "World's
Best Remarketing Company."
Visit Copart.com/AboutUs to find out more about the company's
history, read recent company news and learn about its commitment to
charity, disaster relief and environmental responsibility.
ABOUT COPART
Copart, founded in 1982, provides vehicle sellers with a full
range of remarketing services to process and sell salvage and clean
title vehicles to dealers, dismantlers, rebuilders, exporters and,
in some states, to end users. Copart remarkets the vehicles through
Internet sales using its VB3 technology. Copart sells vehicles
on behalf of insurance companies, banks, finance companies, fleet
operators, dealers, car dealerships and others as well as vehicles
sourced from the general public. The company currently operates in
the United States
(www.copart.com), Canada
(www.copart.ca), the United
Kingdom (www.copart.co.uk), Brazil (www.copart.com.br), Germany (www.copart.de), the United Arab Emirates, Bahrain, and the
Sultanate of Oman (www.copartmea.com), Spain (www.copart.es), the Republic of Ireland (www.copart.ie), and
India (www.copart.in). Copart
links sellers to more than 750,000 Members in more than 150
countries worldwide through its multi-channel platform. In 2015,
Copart was ranked at the top of Deloitte's "The Exceptional 100"
list of companies, which reviewed U.S. publicly traded companies
based upon a multidimensional approach to measuring financial
performance. For more information, or to become a Member,
visit www.copart.com.
Contact:
Michelle Hoffman, VP of
Marketing, Copart
michelle.hoffman@copart.com | (972) 391-5082
Kaci Schack, Marketing Manager,
Copart
kaci.schack@copart.com | (972) 391-5218
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SOURCE Copart, Inc.