Insurance Auto Auctions Adds Over 40 Acres in Georgia

Leading Salvage Auto Auction Company Expands Branches in Savannah and Tifton

WESTCHESTER, Ill., May 24, 2017 /PRNewswire/ -- 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. 

About Insurance Auto Auctions, Inc.

Insurance Auto Auctions (IAA)'s unique live and live-online salvage vehicle auction platform is part of an end-to-end remarketing solution providing global buyers opportunities to bid on and purchase total loss, donated, higher mileage, and clean-title vehicles. IAA is a business unit of KAR Auction Services (NYSE: KAR), a FORTUNE 1000 global auto remarketing and technology services company. Utilizing cutting-edge technology, IAA's model enables insurance companies, fleet and rental companies, banks, and the general public to simultaneously participate in multiple auctions online and in-person. Headquartered in Westchester, Illinois, IAA has over 2,800 employees and more than 170 facilities across the U.S. and Canada. www.iaa-auctions.com.

About KAR Auction Services

KAR Auction Services (NYSE: KAR) provides sellers and buyers across the global wholesale used-vehicle industry with innovative, technology-driven remarketing solutions. KAR's unique end-to-end platform supports whole car, salvage, financing, logistics and other ancillary and related services, including the sale of more than 5 million units valued at over $40 billion through our auctions. Our integrated physical, online and mobile marketplaces reduce risk, improve transparency and streamline transactions for customers in 110 countries. Headquartered in Carmel, Indiana, KAR has approximately 17,400 employees across the United States, Canada, Mexico and the United Kingdom. www.karauctionservices.com.

SOURCE Insurance Auto Auctions, Inc.

Related Links

http://www.iaa-auctions.com