Copart Opens 100th Location In Florida

Autoparts Report, Dec 19, 2002

Copart, Inc. said that it has opened its 100th U.S. auction facility, located in Ft. Pierce, Florida. With the addition of this 54-acre greenfield facility Copart now has 100 locations in 40 states, with six locations in Florida.

"The new facility will allow us to better serve our suppliers in central eastern Florida. Previously this area was served by our West Palm Beach and Orlando facilities, which are over two hours away during commute hours,"said Willis J. Johnson, Copart's Chief Executive Officer.

Since August 2002, Copart has added six locations including two sites in West Mifflin, PA and Richmond, VA and four Copart salvage sites in Reno, NV; Springfield, MO; Corpus Christi, TX and Ft. Pierce, FL.

Copart, founded in 1982, provides vehicle suppliers, primarily insurance companies, with a full range of services to process and sell salvage vehicles through auctions, principally to licensed vehicle dismantlers, rebuilders, repair licensees and used vehicle dealers.

Copart operates 100 facilities in 40 states. It also provides services in other locations through its national network of independent salvage vehicle processors.