Insurance Auto Auctions, a business unit of KAR Auction Services, announced that it is adding land in six states across the United States.
The company is adding more than 50 acres of land “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 Insurance Auto Auctions. “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.”
Insurance Auto Auctions said it expanded at its facilities in Indianapolis, Kansas City, Salt Lake City, Minneapolis/St. Paul, Fredericksburg, Va., and Dothan, Ala.
Together, the facilities now cover more than 200 acres of land, an increase of over 30 percent from previous acreage, according to the company.
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, according to Insurance Auto Auctions.
“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 company added.
