IAA Extends North American Presence with Strategic Branch Expansions
WESTCHESTER, Ill. – March 8, 2017 – Insurance Auto Auctions, Inc. (IAA), today announced the strategic expansion of auction locations in Arkansas, Idaho, Indiana, Louisiana, Maine, Pennsylvania and Oregon. IAA facilities now occupy 173 locations in the U.S. and Canada. IAA is a business unit of KAR Auction Services (NYSE: KAR) that provides a global marketplace for vehicle liquidation, logistics, title processing, and inventory sourcing channels for damaged and lower value vehicle consignors.
“Our increased land capacity enables us to proactively meet the growing inventory needs of our vehicle sellers,” said John Kett, CEO and president of IAA. “We continuously evaluate opportunities in strategic locations and add resources and capacity where our customers need it most. We’re proud of our diverse and expanding presence, and we look forward to serving our customers in these important and active markets.”
This continued growth in key locations demonstrates IAA’s commitment to providing additional acreage for day-to-day seller storage and maintaining reserve storage for acute inventory increases due to natural disasters and/or catastrophic events. These expanded locations also allow the company to offer a wider selection of vehicles to physical and online buyers. Registered buyers can preview vehicles live at the individual auction locations or online via IAA’s newly redesigned vehicle details page that loads 60-percent faster and requires 50-percent less network data.
The IAA expansions announced today include: IAA-Fayetteville, Ark.; IAA-Boise, Idaho; IAA-South Bend, In.; IAA-Shreveport, La.; IAA-Gorham, Maine; IAA-Bridgeport, Pa.; and IAA Portland West, Ore. Additional strategic auction expansions or new locations scheduled for 2017 include: Fredericksburg, Va.; Kansas City, Kan.; Flint, Mich.; Ogden, Utah; and Spokane, Wash.
IAA Branch details for live and live-online auctions include:
IAA-Boise is located at 3707 East Linden Street, Boise, Idaho; auctions held biweekly on Fridays at 9:30 A.M.
IAA-Bridgeport is located at 396 E Schuylkill River Rd., Bridgeport, Pa.; auctions held every Thursday at 9:00 A.M.
IAA-Fayetteville is located at 2801 E. Pridemore Dr, Lincoln, Ark.; auctions held biweekly on Thursdays at 9:00 A.M.
IAA-Gorham is located at 9 Moody Drive, Gorham, Maine; auctions held every Monday at 10:30 A.M.
IAA-Portland West is located at 10498 Vancouver Way, Portland, Ore.; auctions held every Tuesday at 9:00 A.M.
IAA-South Bend is located at 25631 SR2, South Bend, Ind.; auctions held every Tuesday at 10:00 A.M.
IAA-Shreveport is located at 4836 McGee Rd., Greenwood, La.; auctions held every Monday at 9:00 A.M.