Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand 
Novocure Stock Surges 30% After FDA Approves Optune Pax for Pancreatic Cancer Treatment 
Instagram CEO Defends Platform in Youth Mental Health Lawsuit Over Social Media Addiction Claims 
CBA Shares Surge After Record Half-Year Profit as Rate Outlook Improves 
U.S. Judge Allows Jeffrey Epstein Sex Trafficking Lawsuit Against Bank of America to Proceed 
Russia Moves to Fully Block WhatsApp as Kremlin Pushes State-Backed MAX App 
Ancora Holdings Builds $200M Stake in Warner Bros Discovery, Targets Netflix Asset Sale Plan 
Spirit Airlines Seeks Court Approval to Auction 20 Airbus A320/A321 Aircraft Amid Bankruptcy 
Moderna Stock Drops After FDA Declines Review of mRNA Flu Vaccine 
Petrobras Posts Record Oil Exports as Production Surge Fuels Global Expansion 
AbbVie Sues HHS Over Medicare Price Controls on Botox Under Inflation Reduction Act 
SMIC Shares Slide Despite Strong AI-Driven Earnings as Margin Pressure Looms 
Boeing Reports Major Supply Chain Quality Improvements After Spirit AeroSystems Deal 
ANZ Shares Hit Record High After Strong Q1 Profit and Cost-Cutting Gains 
FAA Confirms $1.5 Billion Peraton Contract as U.S. Air Traffic Control Overhaul Accelerates 
Samsung Electronics Sees Sustained AI-Driven Demand for Memory Chips Into Next Year 
FTC Questions Apple News Over Alleged Bias Against Conservative Media 
WESTCHESTER, Ill., Nov. 09, 2017 -- Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE:KAR), announced the construction of a new facility near Seattle, Washington. The new branch, scheduled to open in the first quarter of 2018, is strategically located in Puyallup, Washington – approximately 40 miles south of Seattle. The new 140-acre branch consolidates the existing IAA Seattle and IAA Seattle South locations into one facility – more than doubling the capacity for inventory.
|
|||
“With the growing volume of our clients in the north west, this expansion will help us continue to offer our best in class customer service and auction experience to our clients,” said John Kett, CEO and president of IAA. “The new branch will allow us to host a single, dual lane weekly auction and offer greater inventory selection to our buyers in the area. Our new space and streamlined schedule will help our employees further serve our selling and buying customers.”
The new IAA facility will include a state-of-the-art Vehicle Inspection Center (VIC) with covered vehicle inspection areas and ample space for on-site insurance customer staff. It will host its auctions on Wednesdays, with preview days held every Tuesday. Please check IAAI.com for opening dates and hours of operation.
| Media Inquiries: | Analyst Inquiries: |
| Gene Rodriguez | Mike Eliason |
| (317) 343-5243 | (317) 249-4559 |
| [email protected] | [email protected] |
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, Ind., KAR has approximately 17,600 employees across the United States, Canada, Mexico and the United Kingdom. www.karauctionservices.com.
