IAA expansion increases East Coast inventory capacity
IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the expansion of its Baltimore, Maryland and Culpeper, Virginia branch locations. The additional acreage at these two locations will accommodate strong customer demand and increased inventory needs for the growing East Coast market. These expansions will increase the capacity of the 60 branches in this market.
Tim O’Day, President of U.S. Operations said:
“Fuelled by our industry-leading service and global buyer base, IAA has continued to see significant volume growth from the East Coast.” He added: “By investing strategically, we are committed to exceeding our growing customers’ needs in this market. The inventory acreage in Baltimore and Culpeper will provide additional capacity to our sellers while expanding the inventory selection for our buyers.”
A listing of preview days and sales days at the Baltimore and Culpeper branch locations available at www.iaai.com
About IAA, Inc.
IAA, Inc. (NYSE: IAA) is a leading global digital marketplace connecting vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, IAA’s unique platform facilitates the marketing and sale of total-loss, damaged and low-value vehicles. Headquartered near Chicago in Westchester, Illinois, IAA has nearly 4,000 employees and more than 200 facilities throughout the U.S., Canada and the United Kingdom. IAA serves a global buyer base – located throughout over 170 countries – and a full spectrum of sellers, including insurers, dealerships, fleet lease and rental car companies, and charitable organisations. Buyers have access to multiple digital bidding and buying channels, innovative vehicle merchandising, and efficient evaluation services, enhancing the overall purchasing experience. IAA offers sellers a comprehensive suite of services aimed at maximising vehicle value, reducing administrative costs, shortening selling cycle time and delivering the highest economic returns.