Copart, Inc. (NASDAQ: CPRT) announced the acquisition of Vincent Auto Solutions (VAS) located in Greenville, Ky. VAS has been remarketer of total-loss and fleet vehicles in the western Kentucky region for over a decade. “I’m extremely pleased with this acquisition. Not only do we expand our operational footprint in western Kentucky, but we also add […]
Copart Expands in Newburgh, New York
Copart, Inc. (NASDAQ:CPRT) expanded its Newburgh, New York location at 25 Riverview Drive in Marlboro, adding 25 acres of storage space to Copart’s existing 68 acres to meet customer capacity needs. “We are committed to increasing our storage capacity throughout the country to meet the growing demand of our services,” said Copart CEO, Jay Adair. […]
Copart Reports Fiscal Second Quarter Revenue Up 5.6% Revenue Increase
Copart, Inc. (NASDAQ:CPRT) reported financial results for the quarter ended January 31. For the three months ended January 31, 2019, revenue, gross profit, and net income were $484.9 million, $208.2 million, and $131.4 million, respectively. These represent an increase in revenue of $25.8 million, or 5.6 percent; an increase in gross profit of $16.6 million, […]
Copart Opens New Location in North Carolina
Copart, Inc. (NASDAQ:CPRT) announced the opening of a new 20-acre location at 2668 Highway 601 South Mocksville, N.C. “We are excited to add our new Mocksville location to meet the increasing demands for our business in North Carolina,” said Jay Adair, CEO of Copart. “I am glad we will be able to serve our buyers […]
Copart Opens Location in North Charleston, South Carolina
Copart, Inc. (NASDAQ:CPRT) announced the opening of its North Charleston location at 120 Commerce Avenue, in Harleyville, S.C. “We are thrilled to open a new location in South Carolina following the success of our Spartanburg location,” said Jay Adair, CEO of Copart. “This brand new, 53-acre, state of the art facility is located close to […]
Copart Expands in El Paso, Texas
Copart, Inc. (NASDAQ:CPRT) announced it expanded its El Paso, Texas location at 501 Valley Chili Road, Anthony, Texas by increasing vehicle storage by 10 additional acres to accommodate growing business demands. With this expansion, the location can auction 1,500 additional vehicles at any given time. “We are proud to offer increased capacity for our sellers […]
Copart Opens Ninth Location in Germany
Copart, Inc. (NASDAQ:CPRT) announced a new location at Am Bahnhof 7a in Friesack, Brandenburg in Western Berlin, Germany. This will be Copart’s ninth location in the country. “We are proud to bring our leading auction technology, processes, and services to the German salvage vehicle market,” said Alain Van Munster, Managing Director, Copart Germany. “With a […]
Copart Opens New Location Near Hamburg, Germany
Copart, Inc. (NASDAQ:CPRT) announced will open its seventh location in Germany. The facility is located at Magarete-Steiff-Weg 2 Itzehoe, Schleswig-Holstein, near Hamburg, the second largest city in Germany. “We are thrilled to bring our online vehicle auction platform to the German market,” said Alain Van Munster, Managing Director, Copart Germany. The first online vehicle auction […]
Copart Continues Germany Expansion with Auction Location Near Berlin
Copart, Inc. (NASDAQ:CPRT) is opening a new location in the south of Berlin, Germany. The facility is located at Nobelstr. 10 Massen-Niederlausitz, Brandenburg, Germany. This is Copart’s first location in the proximity of Berlin, the capital of Germany. It is the company’s fifth location in the country. “Our patented online vehicle auction platform is one […]
Copart Opens New Location in Germany
Copart, Inc. (NASDAQ:CPRT) announced it has opened its third location in Germany. The facility is located at Bruchmühlbach-Miesau, near Mannheim, Germany. “Our buyers’ appetite for vehicles in Germany is huge. I am excited that we’re opening a location near Mannheim,” said Alain Van Munster, Managing Director, Copart Germany. “It will be an important asset in […]
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