DALLAS, Jan. 4, 2017 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company, is proud to announce the addition of locations in Casper, Wyoming and Littleton, Colorado, along with the expansion of its location in Springfield, Missouri. This is Copart's first location in the State of Wyoming and its fourth in the State of Colorado, of which three have been opened in 2016.
"We have been expanding and adding new locations throughout the United States this year, and we are pleased to add Wyoming as our 46th state in which we are operating," said Jay Adair, CEO of Copart. "Our land and ability to accommodate inventory is one of the many things that sets Copart apart. Our sellers depend on us to have land available for their vehicles, and our expansions and new locations exhibit our ability to provide our sellers with an unmatched experience."
In 2016, Copart announced the opening of 10 new locations and the expansion of 13 existing locations across the country. Additionally, the company expanded its international footprint in the Republic of Ireland, Spain and Germany.
"We achieved a tremendous milestone last year when we eclipsed an annual sales rate in excess of two million vehicles sold, and these new locations and expansions allow us to accommodate our growing inventory," said Adair.
Copart's patented VB3 technology links sellers to more than 750,000 Members across the globe through Copart's multi-channel online platform. Members can participate in multiple online auctions around the world simultaneously via mobile, tablet and desktop. Similarly, Copart's Mobile App provides Members with an easy way to stay connected with multiple live online auctions and allows Members to place bids and view vehicles.
Copart practices good corporate citizenship. As a proud community partner, Copart offers law enforcement, fire departments and similar government agencies a safe training environment. Copart locations are also used by agencies as a controlled environment to train K-9s to track narcotics and explosive devices. Agencies are encouraged to contact their local Copart location to learn more about conducting training at Copart. In addition to supporting local agencies, Copart supports numerous local, regional and national charities. To learn more about Copart in your community and nationwide, please visit TeamCopart.com.
Copart, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some states, to end users. Copart remarkets the vehicles through Internet sales using its VB3 technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships and others as well as vehicles sourced from the general public. The company currently operates in the United States (www.copart.com), Canada (www.copart.ca), the United Kingdom (www.copart.co.uk), Brazil (www.copart.com.br), Germany (www.copart.de), the United Arab Emirates, Bahrain, and the Sultanate of Oman (www.copartmea.com), Spain (www.copart.es), the Republic of Ireland (www.copart.ie), and India (www.copart.in). Copart links sellers to more than 750,000 Members in more than 150 countries worldwide through its multi-channel platform. In 2015, Copart was ranked at the top of Deloitte's "The Exceptional 100" list of companies, which reviewed U.S. publicly traded companies based upon a multidimensional approach to measuring financial performance. For more information, or to become a Member, visit www.copart.com.
Michelle Hoffman, VP of Marketing, Copart
Lindsay Williams, Internal/ External Communications Manager, Copart
lindsayWilliams@copart.com / (972) 391-5112
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SOURCE Copart, Inc.