IAA Expands McAllen TX Branch
Published August 6, 2019 - Written by IAA, Inc.
WESTCHESTER, IL – August 06, 2019 – IAA, Inc. (NYSE: IAA), a leading global marketplace connecting vehicle buyers and sellers, announces the expansion of its McAllen, TX, branch. The investment doubles the branch capacity to accommodate increased customer volume demands and to further manage potential volume resulting from catastrophic weather events in the area. This branch is one of 17 in the state of Texas.
“This expansion brings needed capacity to a branch which sits on the Gulf of Mexico, an area particularly prone to catastrophic weather events,” said John Kett, Chief Executive Officer and President of IAA. “We remain diligent and consistent in making strategic investments to meet our customers’ needs and to provide a better experience for them.”
Preview days at the branch are Mondays from noon to 4:00 pm CT. Sale days begin on Tuesdays at 9:30 am CT.
“This expansion will greatly increase our operational capabilities and readiness for increased volume in the Texas Gulf Coast region,” said Scott Guenther, Senior Vice President, US Branch Operations.
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.
Related Press Release
Press ReleaseIAA Exclusively Integrates SpinCar® Feature Tour® into Salvage Auction Platform
March 4, 2020
Press ReleaseIAA and Snapsheet Announce Partnership to Automate the Total Loss Process and Reduce Claims Cycle Time
March 3, 2020
Press ReleaseIAA Appoints Gail Evans to Board of Directors
February 10, 2020