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Tuesday January 30

Copart Opens 3rd Facility to Serve Chicago

BENICIA, Calif. -- Copart, Inc. has announced that it has opened its third full service vehicle auction facility in the Chicago area. The new green-field facility is located south of Chicago in Chicago Heights, Illinois. The Chicago Heights location joins with Copart's other Chicago-area facilities including Bartlett, which serves northern Chicago, and Hammond, Indiana, which serves the communities to the southeast. With the addition of this new 29-acre facility Copart now has 79 locations in 36 states.

"Each new location fits our growth strategy by broadening our national presence, increasing our capacity and improving service to our suppliers and buyers," said Willis J. Johnson, Copart's Chief Executive Officer.

Since March 2000, Copart has added 9 locations including sites in Boise, ID; Pasco, WA; West Palm Beach, FL; Abilene, TX; San Antonio, TX; Albuquerque, NM; Harrisburg, PA; Chatham, VA and Chicago Heights, IL.

Founded in 1982, Copart provides vehicle suppliers - primarily insurance companies - with a full menu of services to process and sell salvage vehicles through auctions, principally to licensed dismantlers, rebuilders and used vehicle dealers. Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business purposes, or recovered stolen vehicles for which an insurance settlement with the vehicle's owner has been made. Operating 79 facilities in 36 states, Copart also provides services to other geographic areas through its national network of independent salvage vehicle suppliers.

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