IAA Opens New State-of-the-Art Facility in Wichita
Published July 27, 2018 - Written by IAA, Inc.
WESTCHESTER, Ill. – July 27, 2017 – Insurance Auto Auctions, Inc. (IAA), a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services (NYSE: KAR), announced the opening of its newly relocated and modernized Wichita, Kansas facility. The newly opened branch offers customers more than twice the storage of its previous location, expanded drop zones and an improved vehicle inspection center.
“We consistently want to provide our customers with the best experience whether buying or selling vehicles with IAA.,” said John Kett, CEO and president of IAA. “Improvement of our Wichita facility provides increased inventory space, improved bidding and buying experiences and greater efficiency for inspecting vehicles — creating better auction interactions for our customers.”
The state-of-the-art IAA Wichita facility incorporates inventory space that allows for a more efficient vehicle review process for insurance adjusters. The enhanced run and drive areas were thoughtfully created to improve the customer bidding and buying experience. IAA Wichita relocation also integrates the latest security camera technology for maximum protection of customer assets.
IAA Wichita facility will host its auctions on Fridays, with preview days held every Thursday. Please check IAAI.com for hours of operation.
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.
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