Growth of Over 50 Acres Extends Strategic Footprint across the
US
WESTCHESTER, Ill., Aug. 16, 2017 /CNW/ -- Insurance Auto
Auctions, Inc. (IAA), a business unit of KAR Auction Services, Inc.
(NYSE: KAR), and the leading live and live-online salvage auto
auction company, today announced the expansion of facilities in six
states across the U.S. The more than 50 acres of additional land
are located in strategic markets where customer demand is rapidly
increasing and projected to continue.
"We partner very closely with our customers, and our proactive
expansion strategy ensures we are continuously anticipating and
addressing their inventory needs," said John Kett, CEO and president of IAA. "The
combination of our broad physical presence and integrated
technology solutions also helps us serve and expand our buyer-base
and provide them with greater choice and convenience."
The six facilities expanded include: IAA Indianapolis (Ind.);
IAA Kansas City (Kan.); IAA Salt Lake City (Utah); IAA Minneapolis/St. Paul (Minn.); IAA
Fredericksburg-South (Va.); and IAA Dothan (Ala.). Together, these
facilities now cover more than 200 acres of land, an increase of
over 30 percent from previous acreage.
The expansions also provide additional space for potential
weather events and create supplemental storage to meet the
anticipated needs of the company's seller customers. The projects
were completed in accordance with IAA's environmental philosophy,
with several facilities utilizing reclaimed asphalt in the
development of the branch enhancements.
The locations and hours of the expanded facilities are as
follows:
- IAA Indianapolis is
located at 3302 S. Harding Street Indianapolis, Ind.; auctions held every
Wednesday at 9:30 A.M. The enlarged
facility is one of IAA's two locations in Indiana, including IAA South Bend.
- IAA Kansas City is
located at 2663 S. 88th Street Kansas
City, Kan.; auctions held every Wednesday at 9:00 A.M. The expanded facility is one of two IAA
locations in Kansas, including IAA
Wichita.
- IAA Salt Lake City is
located at 1800 South 1100 West Ogden,
Utah; auctions held every Thursday at 9:00 A.M.
- IAA Minneapolis/St. Paul
(Minn.) is located at 29531 Highway 61 Boulevard Red Wing, Minn.; auctions held every Wednesday
at 9:00 A.M.
- IAA Fredericksburg-South is located at 99 Industrial
Drive Fredericksburg, Va.;
auctions held every Monday following the IAA Northern Virginia
sale. The extended facility is one of seven IAA locations in
Virginia, including those in
Culpeper, Fredericksburg, Pulaski, Richmond, Suffolk, and Tidewater.
- IAA Dothan is located
at 15994 U.S. Highway 431 N Headland,
Ala.; auctions held biweekly on Tuesday at 9:00 A.M. The expanded facility is one of three
IAA locations in Alabama,
including IAA Birmingham and IAA Huntsville.
For more information on listings for branch dates and times,
please visit www.iaai.com/locations.
KAR
Contacts
|
|
Media
Inquiries:
|
Analyst
Inquiries:
|
Tobin
Richer
|
Mike
Eliason
|
(317)
249-4521
|
(317)
249-4559
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tobin.richer@karauctionservices.com
|
mike.eliason@karauctionservices.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 5.1
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.
SOURCE Insurance Auto Auctions, Inc.