IAA, Inc. (NYSE:IAA) announces increased capacity of its Davenport, Iowa, branch. This investment increases the branch’s inventory space by more than 20 percent. The IAA Davenport branch is one of two IAA branches in Iowa. “This expansion provides additional space to meet market demand in this region,” said John Kett, Chief Executive Officer and President […]
IAA Opens New Location in Massachusetts
IAA, Inc. (NYSE: IAA) announced the opening of its Templeton, Mass. facility. With 55 acres of land, IAA Templeton is the company’s third branch in the Commonwealth and will support customer demand and inventory growth in both the state and across the New England region. “New England continues to be an important market for us,” […]
IAA Holds Grand Opening Event at New Lexington, S.C. Facility
IAA, Inc. (NYSE:IAA) celebrated the grand opening of its Lexington, S.C. facility. IAA Lexington is the fourth branch in the state and will help accommodate increased customer capacity demands. Honored guests at the September 11 event included the President of the Lexington Chamber of Commerce Otis Rawl and staff from South Carolina Representative Joe Wilson’s […]
IAA Expands in Indianapolis
IAA, Inc. (NYSE: IAA) announced the expansion of its Indianapolis branch. This investment will increase the branch’s ability to support new customer demand in Indianapolis and the surrounding metropolitan area. “This expansion brings needed resources to the Indianapolis branch and brings us to over 70 acres of capacity,” said John Kett, Chief Executive Officer and […]
Impact Auto Auctions Expands Branch in London, Ontario
Impact Auto Auctions, a subsidiary of IAA, Inc. (NYSE:IAA) announced the expansion of its London, Ontario, branch. This investment increases the branch’s gross acreage by nearly 25 percent. The London, Ontario, branch is one of six Impact Auto Auctions branches in Ontario. “This expansion further solidifies our leadership position in both the Ontario market as […]
IAA Reports Second Quarter Revenue Growth of 10%
Reports year-to-date revenue growth at 7.9% IAA, Inc. (NYSE: IAA) today announced consolidated revenues for the second quarter of 2019 that ended June 30 increased 10.0% to $366.4 million from $333.2 million in the second quarter of fiscal 2018, primarily due to increased volumes of approximately 6% and higher revenue per vehicle of approximately 4%. […]
IAA Expands Phoenix Location
IAA, Inc. (NYSE: IAA) announced the expansion of its Phoenix branch. This investment supports increased customer demand in the state. “We look forward to the additional operational capabilities this investment brings to this branch,” said John Kett, Chief Executive Officer and President of IAA. “Our Phoenix customers will benefit from the increased capacity.” “This investment […]
IAA Adds Location in Houston, Texas and Expands McAllen Branch
IAA, Inc. (NYSE: IAA) on August 2 celebrated the grand opening of its Houston South facility, located in Rosharon, Texas. IAA Houston South is the 17th branch in the state and will help accommodate increased customer capacity needs. It is located approximately 35 miles from Houston and will strategically enhance IAA’s ability to serve the […]
IAA Acquires DDI Technology
IAA, Inc. (NYSE:IAA) announced today its acquisition of DDI Technology, an electronic lien and title technology firm directly integrated with over 5,370 financial institutions as well as DMVs in 25 states. DDI’s technology solutions are focused on several key areas of the title and lien release management including electronic vehicle registration, electronic lien and title […]
IAA Announces Board of Directors
IAA, Inc. (NYSE:IAA) announced the members of its Board of Directors following the company’s recent spin-off from KAR Auction Services, Inc. (NYSE:KAR). John P. Larson has been named Chairman of the Board of IAA. Larson had served as the Lead Independent Director of KAR Auction Services since June 2014 and has been Chief Executive Officer […]