Copart Adds Fourth Facility in Alabama
FAIRFIELD, Calif.--Copart, Inc. today announced the opening of a new facility in Montgomery, Alabama. This latest addition to Copart’s growing footprint marks the company’s fourth facility in Alabama and the 146th facility world-wide.
Copart CEO and founder Willis J. Johnson said the 20-acre site will serve the southeast corner of the state, decreasing cycle times and reducing storage and fuel costs for customers.
“Combined with our existing facilities in Birmingham, Huntsville and Mobile, this new location will allow Copart to take on additional business in Alabama. This is just another way Copart continues to provide legendary service to our customers,” Johnson said.
Copart, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell salvage and clean title vehicles to dismantlers, rebuilders, exporters and, in some states, to end users. Copart remarkets the vehicles through Internet sales utilizing its proprietary VB2 technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships, the general public and others. The company currently operates 146 facilities in the United States, Canada and the United Kingdom. Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made. For more information, or to become a registered buyer, visit www.copart.com.
This press release contains forward-looking statements within the meaning of federal securities laws. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. For a more complete discussion of the risks that could affect our business, please review the “management's discussion and analysis” and the “factors affecting future results” contained in our 10Q, 10-K and other SEC filings.