IAA Expands Footprint in 2 States

Two growing regions mean two new facilities for Insurance Auto Auctions, as the company expands its footprint in North America.
IAA has announced the opening of a new facility in Fayetteville, Ark., and the relocation of its Anchorage, Alaska site to a larger facility in the region.
These actions significantly increase IAA's capacity, the company said, and are a demonstration of its strategic vision of more than 160 locations throughout North America.
"These moves further expand and improve IAA's capacity to service two growing regions," said Tom O'Brien, chief executive officer of Insurance Auto Auctions. "IAA is committed to strategic moves in areas across North America where there is strong customer demand.
“We've seen significant growth in Arkansas and Alaska,” he added, “and these moves offer more locations for providers to sell their vehicles, resulting in more cars on which domestic and international buyers can bid."
IAA's new live and live-online auction facility in Northwest Arkansas is located at 2801 E. Pridemore Drive in Lincoln. The facility will be approximately 10 acres, with an additional five acres for future development.
IAA's Anchorage auction facility will now be located at 221 E. Centaur in Wasilla, two miles from its previous site.
Company officials say the expanded facility triples IAA’s capacity in the market.
Auctions will take place every Friday at 10 a.m. AKT, with onsite previews available on Thursdays from 8:30 a.m. to 4:30 p.m. AKT.
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