Location Will Extend Statewide Footprint to 16th Strategic
Site
WESTCHESTER, Ill.,
June 14, 2017 /CNW/ -- Insurance
Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services
(NYSE: KAR), today announced the construction of a new facility
near Fort Worth, Texas. The new
branch, scheduled to open in November
2017, is strategically located north of the Dallas-Fort Worth area and complements IAA
branches in Grand Prairie and
Wilmer. This is the
16th IAA location in the state of Texas.
"This expansion will provide the flexibility to respond to
the growing inventory needs of current and future customers as well
as offer a wider vehicle selection for buyers," said John Kett, CEO and president of IAA. "The
location will also ensure critical reserve capacity for
catastrophic events."
The new 200-acre state-of-the-art facility will include
18,000 square feet of office, run & drive and warehouse space.
The office space will include multiple conference rooms and offices
that will be available for IAA's insurance customers to use for
training claims adjusters on site.
In keeping with IAA's environmental philosophy, the branch
will incorporate enhanced sustainability features, including using
recycled asphalt and concrete for resurfacing as well as the use of
recycled water for landscaping.
IAA Fort Worth North is strategically located at 11863
Harmonson Rd., Justin, TX, within
a mile of Interstate 35. Weekly auctions will be held on Tuesdays
at 9:00 am. For a full listing of all
IAA's 170+ locations in North
America, please visit
www.iaai.com/locations.
For four decades, IAA has been dedicated to meeting and
exceeding the needs of its global clients and giving back to the
communities in which it operates. This philosophy of giving
provides IAA's more than 2,800 team members with opportunities to
volunteer, mentor and financially support multiple global,
national, and local charitable causes. This commitment is also
reflected in IAA's National Vehicle Donation division that, since
1994, has assisted not-for-profit organizations monetize donated
vehicles to fund and support their missions.
IAA Contacts
|
|
KAR
Contacts
|
Media Inquiries:
|
|
Media
Inquiries
|
Jeanene O'Brien
|
|
Tobin
Richer
|
708.492.7328
|
|
317-249-4521
|
Jobrien@IAAI.com
|
|
Tobin.richer@karauctionservices.com
|
About Insurance Auto Auctions,
Inc.
Insurance Auto Auctions (IAA)'s unique
live and live-online salvage vehicle auction platform is part of an
end-to-end remarketing solution providing global buyers
opportunities to bid on and purchase total loss, donated, higher
mileage, and clean-title vehicles. IAA is a business unit of KAR
Auction Services (NYSE: KAR), a FORTUNE 1000 global auto
remarketing and technology services company. Utilizing cutting-edge
technology, IAA's model enables insurance companies, fleet and
rental companies, banks, and the general public to simultaneously
participate in multiple auctions online and in-person.
Headquartered in Westchester,
Illinois, IAA has over 2,800 employees and more than 170
facilities across the U.S. and Canada.
www.iaa-auctions.com.
About KAR Auction Services
KAR
Auction Services (NYSE: KAR) provides sellers and buyers across the
global wholesale used vehicle industry with innovative,
technology-driven remarketing solutions. KAR's unique end-to-end
platform supports whole car, salvage, financing, logistics and
other ancillary and related services, including the sale of more
than 5 million units valued at over $40
billion through our auctions. Our integrated physical,
online and mobile marketplaces reduce risk, improve transparency
and streamline transactions for customers in 110 countries.
Headquartered in Carmel, Indiana,
KAR has approximately 17,400 employees across the United States, Canada, Mexico and the United Kingdom.
www.karauctionservices.com.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/iaa-announces-november-2017-opening-of-new-fort-worth-branch-300473859.html
SOURCE Insurance Auto Auctions, Inc.