Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE:KAR) announced the grand opening of IAA Portland West, its newest branch in Portland, Ore. This marks IAA’s third facility in the state, with additional branches in Portland and Eugene. This new facility expands the overall capacity needed for this marketplace by nearly fifteen percent.
“Increasing our presence in this growing market demonstrates IAA’s commitment to meet the expanding inventory needs of our buyers and sellers.” said John Kett, CEO and president, Insurance Auto Auctions, Inc. “We continuously evaluate opportunities in strategic locations and add resources and capacity
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