IAA Adds Over 40 Acres in Georgia
Published May 24, 2017 - Written by IAA, Inc
WESTCHESTER, Ill., May 24, 2017 — Insurance Auto Auctions, Inc. (IAA) today announced the expansion of its Savannah and Tifton, Georgia facilities. The growth of these facilities extends the company’s footprint across the seven locations in the state and demonstrates IAA’s commitment to responding to the increasing needs of its customers in this growing market.
“The Savannah and Tifton expansions advance our pace of proactive operational growth in this important marketplace to better serve our loyal base of buyers and sellers,” said John Kett, CEO and president of IAA. “Our ability to provide day-to-day storage and services, and additional capacity as needed due to severe weather events, provides unmatched value to our customers.”
The Savannah facility, located at 348 Commerce Dr., Rincon, Georgia, is adding approximately 30 acres, designated to accommodate additional volume due to customer need as well as potential volume resulting from catastrophe (CAT) responses. The branch’s coastal location strategically positions it for effective hurricane response; it can accommodate CAT volumes from Northern Florida stretching up the coastline to North Carolina.
The Tifton site, located at 368 Oak Ridge Church Rd, Tifton, Georgia, is adding approximately 19 acres, also to accommodate additional volume due to customer need as well as potential volume resulting from catastrophe (CAT) responses. Its proximity to the Florida Panhandle allows quick response to severe weather incidents that often occur in the area.
Both locations are open for business with auctions in Savannah taking place weekly on Fridays at 9:30 a.m. and Tifton auctions taking place weekly on Mondays at 9:30 a.m.
For a list of 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.
Jeanene O’Brien SVP, Global Marketing and Communications
About IAA, Inc.
IAA, Inc. (NYSE: IAA) is a leading global marketplace connecting vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, IAA’s unique multi-channel platform processes more than 2.5 million vehicles annually. Headquartered near Chicago, IL, IAA has over 3,600 talented employees and over 190 facilities throughout the US, Canada and the United Kingdom. IAA provides a broad range of services to insurers, fleet and rental companies, rebuilders, charity organizations and financing companies that dramatically reduce the cycle time of selling a vehicle with a focus on delivering the highest economic returns. Buyers have access to the industry’s most-innovative vehicle evaluation and digital bidding tools, enhancing the overall purchasing experience.
Uncertainties Affecting Forward-Looking Statements
Certain statements contained in this release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and which are subject to certain risks, trends and uncertainties. In particular, statements made that are not historical facts may be forward-looking statements. Words such as “should,” “may,” “will,” “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions identify forward-looking statements. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from the results projected, expressed or implied by these forward-looking statements. Such forward-looking statements include the statements regarding IAA’s future financial and operating performance, benefits and synergies of the separation, strategic and competitive advantages, future opportunities and any other statements regarding events or developments that IAA believes or anticipates will or may occur in the future. We disclaim any obligation or undertaking to update any forward-looking statements. For further discussion of such risks and uncertainties, see “Information Statement Summary,” “Risk Factors” and “Cautionary Statement Concerning Forward-Looking Statements” in the information statement filed as an exhibit to IAA’s Registration Statement on Form 10, as amended.