Copart’s addition of 18 acres to its location near Austin, Texas, is a move that the company says addresses its “substantial growth” in business for that area.
The property — at 8725 N Interstate 35 in New Braunfels, Texas — is historically significant for the global online vehicle auction company. Copart purchased it in 1999. In the company's early years, the property served most of south Texas, including San Antonio, Waco and Corpus Christi. Since then, Copart has seen major growth in the region.
“This is an important achievement for Copart, given the increased demands from our buyers and sellers in Texas,” Copart chief executive officer Jay Adair said in a news release.
Adair added, “We are thrilled to grow with our customers and the economy in the state of Texas, also home for our global headquarters.”
Copart, founded in 1982, operates in more than 200 locations in 11 countries.
Auctions at the Austin location take place every Thursday at noon central time. Eligible buyers can use Copart’s proprietary online auction platform, VB3, to bid on current inventory. Or they can use the location’s kiosks during normal business hours.
“The additional 18 acres will be instrumental in helping us provide the highest level of service to our clients,” Copart Austin general manager Joshua Speck said.