Global online vehicle auction company Copart has opened a new location in Buffalo, N.Y., and the company’s chief executive officer Jay Adair said the expansion is another step toward the company’s efforts to create “a denser network of facilities in the state.”
The new location is the sixth for Copart in the state of New York, and the company said the new facility will serve as a “complement” to its Rochester location. The location in Buffalo, the second-largest city in the state, will help provide capacity for operations in the state’s Western region.
Through Copart's proprietary VB3 auction technology or by using Copart’s mobile app, eligible buyers will have the ability to place bids online. A bidding kiosk will be onsite at the Copart Buffalo location, which will host bi-weekly auctions on Mondays at 9 a.m. central time or 10 a.m. eastern time, beginning on July 29.
"We look forward to providing Buffalo with an unmatched buying and selling experience through our people, processes and technology," general manager Tim Bennett said in a news release.
Adair added, “We are thrilled about the opportunity to serve our customers with our new facility."”
Texas is one of the largest markets for Insurance Auto Auctions. The company continued its investment in the state with an announcement on Thursday that it has opened IAA Houston South.
The new 125-acre-capacity location, which marks IAA’s third in the Houston metro area, is the 17th branch in the state for the company.
IAA says the new location, approximately 35 miles from Houston, will strategically enhance IAA’s service to what the company says is a growing metropolitan area, and the location means IAA Houston South will also be able to best serve the hurricane-prone coastal Texas areas.
A vehicle check-in area designed for IAA 360 View imaging and IAA Inspection Services is part of what the company says is the latest in vehicle auction technology at IAA Houston South.
Also included at the branch: a vehicle inspection center space for insurance clients, a new lobby, and conference rooms that will bring a large amount of meeting and training space for customers and employees.
IAA says that in addition to Houston South, it has made significant land investments across the country so far this year. The company has completed more than 11 facility expansions and opened a new facility in Lexington, S.C. The facility expansions total about 300 acres.
“We continue to make strategic investments to meet our customers’ needs by creating a better marketplace to connect sellers and buyers,” IAA chief executive officer and president John Kett said in a news release.
Kett also said the location will help the company “serve the growing volume from our customers, as well as provide support for potential catastrophic weather events.”
