IAA, Inc. (NYSE: IAA) announced the expansion of its Baltimore, Md. and Culpeper, Va. branch locations. The additional acreage at these two locations will accommodate strong customer demand and increased inventory needs for the growing East Coast market. These expansions will increase the capacity of the 60 branches in this market. “Fueled by our industry […]
IAA Awarded Patent for System and Method of Auction Management
IAA, Inc. (NYSE: IAA) announced it has been awarded a patent by the U.S. Patent and Trademark Office for a “SYSTEM AND METHOD OF AUCTION MANAGEMENT.” The patent contains 20 claims that protect and recognize the innovations developed by IAA for the company’s AuctionNow platform, which allows online auction participants to monitor and bid in […]
IAA Relocates St. Louis East Branch to Larger Facility
IAA, Inc. (NYSE: IAA) announced the relocation and expansion of its St. Louis East branch to Caseyville, Illinois. This new location, approximately twelve miles from St. Louis, Mo., updates the branch facilities and supports IAA’s growth in this expanding market. The new site accommodates the increased capacity needs of the company’s customers. “IAA is pleased […]
IAA Opens New Location in Los Angeles Market
IAA, Inc. (NYSE: IAA) announced a new branch location in the Los Angeles, California market. Increasing IAA’s significant footprint in the area, this new location will serve the expanding needs of local selling clients. “The new IAA Los Angeles South branch provides needed additional storage inventory space in this key market,” said Tim O’Day, President […]
DDI Technology Announces Office Move
DDI Technology (DDI), the automotive title management and technology firm and a subsidiary of IAA, Inc. (NYSE: IAA) announced the opening of the company’s new 16,500 sq. ft. corporate offices just in Irmo, S.C. outside of Columbia. The new, more modern facility will provide needed additional space for growth and future expansion. “The new office […]
IAA Names Andrew Albrecht as Chief Information Security Officer
IAA, Inc. (NYSE: IAA) announced the appointment of Andrew Albrecht as Vice President and Chief Information Security Officer. Albrecht will report directly to Maju Abraham, Senior Vice President and Chief Information Officer. “We are pleased to welcome Andrew to the IAA Team,” said Maju Abraham, Senior Vice President & Chief Information Officer of IAA. “Andrew […]
IAA Announces Second Quarter Revenue Declined 19% to $297 Million on Impact from COVID-19 on Volume
IAA, Inc. (NYSE: IAA) announced its financial results for the second quarter of fiscal 2020, which ended June 28. John Kett, Chief Executive Officer and President, stated, “As expected, our second quarter results were materially impacted by COVID-19 and the sharp drop in miles driven and associated assignments in the quarter. Since late April, we […]
Tony Core Named Director of Sales & Marketing at IAA UK
IAA, Inc. (NYSE: IAA) announced Tony Core has joined IAA as UK Director of Sales & Marketing, reporting to Steve Hankins, UK Managing Director for IAA. Core has more than fifteen years’ industry experience and joins IAA from Chief Rentals, the leading provider of niche and specialist vehicle hire to the UK insurance industry. During […]
UK-based HBC Vehicle Services Rebrands to IAA
IAA, Inc. (NYSE:IAA) announced that its UK-based business unit HBC Vehicle Services has rebranded as part of the global IAA brand. “Our in-country focused business model successfully leverages the resources of IAA while investing in the infrastructure, leadership and service delivery for the local market,” stated Terry Daniels, Senior Vice President of Global Operations for […]
IAA Expands Branches in Alabama, Florida, Montana and New York State
IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announced branch capacity expansions across four key markets in Miami, Fla., Long Island, N.Y., Birmingham Ala. and Missoula, Mont. These expansions increase storage inventory by more than fifty percent total acres across the four branches. “These expansions provide much-needed capacity […]